Forex Strategies Forum

[Joe T]

Posted 8/5/2011:

Been a busy couple of days. Erratic markets are fun.


OK, so this morning I closed a couple positions:
SELL GBPJPY 130.270 closed @ 128.384 for a profit of $23.93 per microlot less $0.04 per microlot swap fees
SELL USDJPY 79.849 closed @ 78.825 for a profit of $12.99 per microlot less $0.02 swap fees

Executed the following positions since yesterday:
SELL USDCAD 0.98412
BUY AUDUSD 1.03959

Current Pending Limit Orders:
SELL USDCHF 0.82891
SELL EURCHF 1.46300
BUY EURUSD 1.40180
BUY EURGBP 0.84614
SELL GBPCHF 1.69900
SELL EURAUD 1.45860
BUY AUDCAD 1.01349
BUY XAGUSD 19.95
SELL EURJPY 114.156
BUY XAUUSD 1540.38
BUY AUDNZD 1.22389
SELL USDJPY 79.887
SELL GBPJPY 130.808
SELL USDMXN 12.1198

Since I'm carrying a number of open positions at the moment, balance is fluid. Right now, I'm up just a bit on the month, but I'll call it about breakeven. I've booked some profits, but open positions right now are negative (which is usually the case, because I take profits fairly quickly under most circumstances).

[Joe T]

Posted yesterday:

Well, after a week on vacation, time to sort through everything that's happened in the last 10 days...

Executed the following positions since 8/5:

(1) 8/08 – SELL USDMXN @ 12.1198
(2) 8/08 – BUY AUDCAD @ 1.01349
(3) 8/09 – SELL USDMXN @ 12.3980
(4) 8/09 – BUY AUDUSD @ 1.01540


Closed the following positions since 8/5:
8/08 – (2) above @ 1.02087 for a profit of $7.49 per microlot
8/09 – (3) above @ 12.0980 for a profit of $24.80 per microlot
8/15 – (4) above @ 1.04147 for a profit of $26.07 per microlot plus $0.67 favorable swap per microlot
8/15 –
Quote:
BUY AUDNZD 1.24874

from 8/01 @ 1.25591 for a profit of $5.94 per microlot plus $0.57 favorable swap per microlot
8/15 –
Quote:
BUY AUDUSD 1.03959

from 8/05 @ 1.04379 for a profit of $4.20 per microlot plus $0.89 favorable swap per microlot



Current open trades [Execution date / position / Currency pair / entry price / profit-loss per microlot / swap per microlot]:
7/14 / BUY / AUDNZD / 1.27409 / (10.74) / 1.47
8/04 / SELL / USDMXN / 11.8786 / (29.22) / 0.36
8/04 / SELL / USDCAD / 0.96454 / (19.59) / 0.13
8/04 / BUY / AUDUSD / 1.06070 / (13.56) / 1.00
8/05 / SELL / USDCAD / 0.98412 / 0.22 / 0.09
8/08 / SELL / USDMXN / 12.1198 / (9.56) / 0.28

Since I take profits pretty quickly, it is not unusual that most actually open and carried positions are at a loss. Nothing to panic about.

PENDING LIMIT ORDERS:
SELL USDCHF 0.82519
SELL EURCHF 1.44430
BUY EURUSD 1.40724
BUY EURGBP 0.85869
SELL GBPCHF 1.67550
SELL EURAUD 1.45270
BUY XAGUSD 20.51
SELL EURJPY 112.304
BUY XAUUSD 1564.01
BUY AUDNZD 1.23149
SELL USDJPY 79.054
SELL GBPJPY 129.018
SELL USDCAD 1.00410
BUY AUDUSD 0.99249
SELL USDMXN 12.7660

Results so far for the month of August: +1.26% on the month, which includes the negative balances on the carried positions.

Pretty sure that's everything.