Saturday, August 29, 2009

Paper Trading Day 27 of 90

Another Saturday morning and everyone in the house is in bed asleep except me and the damned cat who is meowing for the daily ritual, a saucer full of milk. Sorry cat not interested you can wait 'til mum gets up.

FOREX:


Now that I have picked my self up off the floor from yesterday lets take a look at today. Not so bad. Closed to trades today, a long trade on US Dollar / Japanese Yen losing $883.15 and opening a long trade and Long trade on Australian Dollar / US Dollar taking a $460 profit and an entry signal to go long again. What was that, yes there was a signal to go long again. Who am I to question I just follow the rules and see where they take me.

I currently have four trades in the green and five trades in the red for a total profit on open trades of $3,878.20 and closed trades are -$1,599 a total of $2,279.20. Not a particularly good week but then it is only a week. Next week is a new week that shows lots of promise.

COMMODITIES:


Are doing quite nicely thank you. Tomorrow is payday on my short coffee trade as there was an exit signal today. I closed three trades today,

  • Long trade on Corn, with a lose of $70
  • Long trade on Soybean Oil, woitha lose of $192 with a short entry signal
  • Long trade on Cocoa with a lose of $710. Everybody it seems has a horror story and Cocoa seems to be mine, but I do love my morning cup of coffee.

Today also marked an entry signal for going long on Rough Rice.

So we close todays books with a profit on open trades at $12,950 and closed trades at $2,739.25 a total of $15,689.25 or 32.69% increase on my original account.


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