Joe's Journal

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Re: Joe's Journal

Postby Joe T » Tue Jun 28, 2011 5:44 pm

[6/24]
I have another buy limit order pending for xauusd at $1503.17.

Some minor adjustments in some of the above pending orders, not even worth sharing until price would start getting a bit closer to the order point.



[6/24]
That didn't take long. Trade executed @ $1503.17.



[6/27]
usdcad: pending sell order @ 0.98968
audusd: pending buy order @ 1.04369

Both of these positions were executed last evening.



[6/28]
6/27/11 BUY AUDUSD @ 1.04369 ==> Closed this morning @ 1.04878; profit = $5.09 per microlot plus $0.11 swap fees per microlot

Currently carrying gold positions at 2 different buy points and usdcad position.





Current pending orders (many of these move daily, some don't)

udschf: pending sell order @ 0.87714
eurjpy: pending sell order @ 116.855
gbpjpy: pending sell order @ 136.717
eurchf: pending sell order @ 1.52390
eurusd: pending buy order @ 1.27030
eurgbp: pending buy order @ 0.74030
usdmxn: pending sell order @ 12.5938
gbpchf: pending sell order @ 2.01530
euraud: pending sell order @ 1.69190
audcad: pending buy order @ 0.92080
audnzd: pending buy order @ 1.26030
xagusd: pending buy order @ 14.51
usdjpy: pending sell order @ 81.311
xauusd: pending buy order @ 1488.14
usdcad: pending sell order @ 1.00978
audusd: pending buy order @ 1.02836

Current June MTD return has now dropped to +0.49% due to currently carried positions being at a loss.
Joe T
 
Posts: 186
Joined: Thu Jul 02, 2009 10:26 am

Re: Joe's Journal

Postby Joe T » Wed Jun 29, 2011 10:18 am

Some activity to get caught up on this morning:

1) 6/27/11 SELL USDCAD @ 0.98968 ==> Closed this morning @ 0.97054; profit = $19.72 per microlot plus $0.02 swap fees per microlot
2) 6/24/11 BUY XAUUSD @ 1503.17 ==> Closed this morning @ 1508.58; profit = $5.41 per microlot less swap fees of $0.015 per microlot.
3) Executed the pending eurjpy sell order @ 116.855

MTD return in June so far, including loss on current unrealized positions: +1.55%


Current pending orders (many of these move daily, some don't)

udschf: pending sell order @ 0.87706
gbpjpy: pending sell order @ 136.300
eurchf: pending sell order @ 1.52030
eurusd: pending buy order @ 1.28290
eurgbp: pending buy order @ 0.74780
usdmxn: pending sell order @ 12.5315
gbpchf: pending sell order @ 1.99370
euraud: pending sell order @ 1.68640
audcad: pending buy order @ 0.92390
audnzd: pending buy order @ 1.26360
xagusd: pending buy order @ 14.62
usdjpy: pending sell order @ 81.304
usdcad: pending sell order @ 0.99111
audusd: pending buy order @ 1.03897
xauusd: pending buy order @ 1490.65
Joe T
 
Posts: 186
Joined: Thu Jul 02, 2009 10:26 am

Re: Joe's Journal

Postby Joe T » Wed Jul 06, 2011 10:03 am

Closed the EURJPY position on 6/30 @ 116.251, profit of $7.52 per microlot less $0.17 swap fees.


Summary as of close of business 6/30:


Account status as of 6/30/2011: +59.61% since inception (11/1/2009)
Annualized: +34.42%; Avg Per Month: +2.37%

Return in June 2011: +1.29%



11/1/2009 - 7/31/2010: +89.71%
8/1/2010 - 10/17/2010 (the date at which point I ceased the short strategy and liquidated positions): -34.35%
10/18/2010 - 12/31/2010: +11.94%
1/1/2011 - 1/31/2011: -7.23%
2/1/2011 - 6/30/2011: +53.79%
Joe T
 
Posts: 186
Joined: Thu Jul 02, 2009 10:26 am

Re: Joe's Journal

Postby Joe T » Wed Jul 06, 2011 10:06 am

Entered a gold position on 7/1:

7/1/2011 BUY XAUUSD @ 1491.63

Closed this position on 7/5 @ 1507.88 for a profit of $16.25 per microlot less $0.01 swap fees per microlot


Closed my 6/23/11 BUY XAUUSD @ 1518.35 position this morning @ 1524.66 for a profit of $6.31 per microlot less $0.06 per microlot for swap fees.

Month to date return for July: +2.16%

No currently opened positions.


Pending Limit Orders:
SELL USDCHF 0.86631
SELL GBPJPY 135.359
SELL EURCHF 1.51390
BUY EURUSD 1.32437
BUY EURGBP 0.78400
SELL USDMXN 12.4388
SELL GBPCHF 1.87190
SELL EURAUD 1.63310
BUY AUDCAD 0.94040
BUY AUDNZD 1.27998
BUY XAGUSD 15.46
SELL USDJPY 81.304
SELL USDCAD 0.98828
BUY AUDUSD 1.04347
SELL EURJPY 118.158
BUY XAUUSD 1477.88


(These can adjust on a daily basis, and I don't log every change, so some may be executed in the future at slightly higher or lower entry points)
Joe T
 
Posts: 186
Joined: Thu Jul 02, 2009 10:26 am

Re: Joe's Journal

Postby Joe T » Thu Jul 07, 2011 12:46 pm

SELL USDJPY 81.304



This position was entered this morning.
Joe T
 
Posts: 186
Joined: Thu Jul 02, 2009 10:26 am

Re: Joe's Journal

Postby Joe T » Tue Aug 16, 2011 9:44 am

Posted 7-8-2011

The aforementioned usdjpy position was closed this morning at at a price of 80.615, for a profit per microlot of $8.55, less $0.02 per microlot swap fees.

Current month-to-date return so far in July is +2.38%.


Pending Limit Orders:
SELL USDCHF 0.86518
SELL GBPJPY 134.727
SELL EURCHF 1.50940
BUY EURUSD 1.33763
BUY EURGBP 0.80840
SELL USDMXN 12.4089
SELL GBPCHF 1.81920
SELL EURAUD 1.63150
BUY AUDCAD 0.94550
BUY AUDNZD 1.28413
BUY XAGUSD 15.99
SELL USDCAD 0.98657
BUY AUDUSD 1.04411
SELL EURJPY 117.729
BUY XAUUSD 1483.25



Posted 7/10/2011

BUY AUDNZD 1.28413

This position was executed on 7/8.
Joe T
 
Posts: 186
Joined: Thu Jul 02, 2009 10:26 am

Re: Joe's Journal

Postby Joe T » Tue Aug 16, 2011 9:46 am

Question posted to me on 7/10:
"Just as a curiosity, why do your trading fees vary so much?"

Answer:
Are you talking about the swap fee?

The swap is not the trading fee. The spread is the fee that's charged upon entering a trade. The entry/exit price I show already incorporates those fees.

The swap can incur in your favor or be incurred against you, depending on the currency pair and the direction of the position you hold (long or short). It's the rollover fee for carrying the position over to a new contract. Kind of like a holding fee might be. The longer you hold a position, the larger that swap fee gets (for or against). In the vast majority of cases, even after holding a position for a while, it's pennies, and pales in comparison to the market swings, so I don't really consider it in entering a position. I include the information simply for full disclosure on actual profit.



Posted 7/12/2011, regarding most recently executed AUDNZD trade:

This position was closed this morning @ 1.29412 for a profit of $8.19 per microlot plus swap fees (my benefit) of $0.08.

Currently I have no open positions.

Month-to-date return so far in July = +2.60%

Current Pending Limit Orders:
SELL USDCHF 0.85884
SELL GBPJPY 134.352
SELL EURCHF 1.49880
BUY EURUSD 1.34274
BUY EURGBP 0.81470
SELL USDMXN 12.3985
SELL GBPCHF 1.80880
SELL EURAUD 1.62240
BUY AUDCAD 0.95030
BUY XAGUSD 16.51
SELL USDCAD 0.98430
BUY AUDUSD 1.04557
SELL EURJPY 117.620
BUY XAUUSD 1486.90
SELL USDJPY 81.461
BUY AUDNZD 1.27409
Joe T
 
Posts: 186
Joined: Thu Jul 02, 2009 10:26 am

Re: Joe's Journal

Postby Joe T » Tue Aug 16, 2011 9:47 am

Posted 7/14/2011:

BUY AUDNZD 1.27409

sudden plunge in the exchange rate triggered this order last night.


Current Pending Limit Orders:
SELL USDCHF 0.85503
SELL GBPJPY 132.842
SELL EURCHF 1.4921
BUY EURUSD 1.34616
BUY EURGBP 0.81580
SELL USDMXN 12.2896
SELL GBPCHF 1.80730
SELL EURAUD 1.60620
BUY AUDCAD 0.95750
BUY XAGUSD 16.90
SELL USDCAD 0.98309
BUY AUDUSD 1.04807
SELL EURJPY 117.584
BUY XAUUSD 1490.08
SELL USDJPY 80.775
Joe T
 
Posts: 186
Joined: Thu Jul 02, 2009 10:26 am

Re: Joe's Journal

Postby Joe T » Tue Aug 16, 2011 9:48 am

Posted 7/29/2011:

Summary as of close of business today, 7/31 (no trading on weekends):

First of all, the reason I have not posted is because I've had zero trading activity since the AUDNZD order was triggered. That is still at a loss position, and nothing else has retraced to execution points. Just being patient. Still had a decent month.


Account status as of 7/31/2011: +62.87% since inception (11/1/2009)
Annualized: +34.02%; Avg Per Month: +2.35%

Return in July 2011: +2.04%



11/1/2009 - 7/31/2010: +89.71%
8/1/2010 - 10/17/2010 (the date at which point I ceased the short strategy and liquidated positions): -34.35%
10/18/2010 - 12/31/2010: +11.94%
1/1/2011 - 1/31/2011: -7.23%
2/1/2011 - 7/31/2011: +56.93%



Ref# 236046.384447.608d.21m


Current positions

7/14/2011 BUY AUDNZD @ 1.27409 [Current profit position = -$21.64 per microlot plus favorable swap fee of $0.86 per microlot]

Current Pending Limit Orders:
SELL USDCHF 0.83415
SELL GBPJPY 130.830
SELL EURCHF 1.46870
BUY EURUSD 1.39502
BUY EURGBP 0.83541
SELL USDMXN 11.9590
SELL GBPCHF 1.73570
SELL EURAUD 1.49700
BUY AUDCAD 1.00334
BUY XAGUSD 19.31
SELL USDCAD 0.96717
BUY AUDUSD 1.05940
SELL EURJPY 115.567
BUY XAUUSD 1509.88
SELL USDJPY 80.233
BUY AUDNZD 1.24874
Joe T
 
Posts: 186
Joined: Thu Jul 02, 2009 10:26 am

Re: Joe's Journal

Postby Joe T » Tue Aug 16, 2011 9:49 am

Posted 8/1/2011:

BUY AUDNZD 1.24874

This was executed yesterday.


Posted 8/4/2011:

A pretty large swing in prices in a number of currencies overnight executed a few positions for me after a pretty quiet couple weeks. :

SELL GBPJPY 130.270
SELL USDMXN 11.8786
SELL USDCAD 0.96454
BUY AUDUSD 1.06070
SELL USDJPY 79.849
Joe T
 
Posts: 186
Joined: Thu Jul 02, 2009 10:26 am

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