G’Day Bren,
Another great day here in warm and sunny Bali!
Here is the latest FX Update – Click here
The P&L since 1 Sept 09 is similar to yesterday – Click here
There is a new trade to Open – BUY EUR/JPY.
Have a great day
Cheers
David
G’Day Bren,
I must apologise for not letting you know I was going to miss yesterday’s update, I was travelling again, this time I am in Bali for a few days catching up with my brother and sister.
OK, so here goes a Balinese FX Update – Click here
Here is the P&L since 1 Sept 09 +1127pts – Click here
That’s about all for the moment, I hope to be able to carry out the update until Thursday morning, however after that my connection to the internet will become by chance. I am back in Oz on Tuesday morning, this will be the resumption of normal service.
Till next time, have a good one!
Cheers
David
G’Day Bren,
OK, here is the latest and last FX Update for this week – Click here
Here is the P&L report at +959 points since 1 Sept 09 – Click here
An encouraging performance for the week, let’s hope it continues.
Have a great weekend
Cheers
David
G’Day Bren,
Here is the latest FX Update – Click here
The latest P&L +868pts – Click here
Finally, there is a new trade to take today – Click here
That’s all for now.
Cheers
David
Hi Bren,
Here is the latest FX Update – Click here
Here is the P&L since 1 Sept 09 +889pts – Click here
As you will see from the Update sheet that there are several trends continuing even after a profit has been taken due to a retracement of 25% or greater. You can re-enter a trade if the trend continues, however caution is the watch word here. Using the coloured trend indicator is the best way of predicting whether a re-entry is viable.
That’s all for now
Cheers
David
G’Day Bren,
Here is the latest FX Update – Click here
OK the P&L looks a little better at +772pts – Click here
The EUR/JPY was a profit take after the price closed through the 25% retracement level.
That’s all for now
Cheers
David
Hi Bren,
Here is the latest FX Update – Click here
The P&L since 1 September 09 is at +702pts – Click here to see table.
That’s all for now.
Cheers
David
Hi Bren,
Here is the latest FX Update – Click here
The P&L since 1 Sept 09 looks like this at +768 points – Click here
I will send through to you the performance of the system over the past few months so that you can update the ‘Brag Sheets’ there’s not that much to shout over the past few months, unfortunately. However the overall figure of points made since the beginning of the year isn’t too bad.
The P&L’s for the last 4 months look like this
June 09 -1578pts
July 09 -692pts
August 09 -378pts
September +637pts
This sustained run of losses helps to illustrate that a trader must go into trading with a reasonable amount of cash reserves, in the past four months the max loss was -2648pts at the end of August. September has given a positive return, bringing the loss back to -2011pts
This helps to illustrate that a minimum bank of $5,000 should be considered if trading $1 per point on a cfd platform, and realistically $10,000 is a far better option if it can be afforded.
That’s all for now, have a great weekend
Cheers
David
Hi Bren,
Better late than never here is the latest FX Update – Click here
That’s all for now, more tomorrow
Cheers
David
G’Day Bren,
Here is the latest FX Update - Click here
The P&L since 1 Sept 09 Click here
There are a couple of trades to close out of today theu are – EUR/CHF and GBP/USD.
That’s all for today, have a great day.
Cheers
David
