Paper Trading Day 26 of 90

Did I mention that forex is volatile? I didn't, well let me tell you that forex is volatile. You would need a cast iron will to trade forex. Commodities seem so much more sedate.


FOREX:


took a beating today as a result of the apparent instability in the US Dollar. Closed four trades:

• Euro / US Dollar long trade $0 return
• US Dollar / Canadian Dollar short trade lose of $916.70
• US Dollar / Swiss Franc short trade lose of $384
• Euro / Japanese Yen long trade lose of $786.25

Profit on open trades is $2,973.65 and closed trades is down $1,175.85 a total profit of $1,797.80 an increase of 4.86% on my opening account.

COMMODITIES:

things are a little more steady with commodities with exit signals for 3 trades

• long trade on Corn at a lose
• long trade on Soybean Oil at a lose
• long trade on Cocoa at a lose with an entry signal to go short

Everything else is humming along nicely, coffee continues to slide while profits on it continue to go up.

profit on open trades is $9,642.25 and profit on closed trades remains at $3,711.25 a total of $13,353.50 or 27.82% increase on my opening account, just short of yesterdays total.