Paper Trading Day 31 of 90

Here on the eastern side of Australia we get data for forex at 7:15 am and data for commodities at 9:15 am. I am usually finished looking after forex trades and writing up the forex part of this blog by 8:15 am so today I decide to go for a walk around our local lake. WOW, am I pumped up now and ready for whatever today manifests.

FOREX:

Closed 3 trades today,

• Short trade on US Dollar / Swiss Franc with a lose of $144
• Long trade on Australian Dollar / US Dollar with a lose of $730
• Long trade on Euro / British Pound with a profit of $2,462.80

I also entered a new short trade on Euro / British Pound and there was an entry signal to open a long trade on US Dollar / Swiss Franc.

for the full ten pairs the profit on open trades is $6,161.10 and closed trades is - $3,316.40 a total of $2844.70 or an increase of 7.69% on my opening account.

For the non US Dollar pairs (starting from today) profit on open trades is $620.40 or an increase of 1.68% on my original opening account. (see the paper trading day 30 for an explanation)

COMMODITIES:

Everything is trending in the right direction here except, dare I say it cocoa. Closed my short trade on cocoa today taking a lose of $970 and entered a long trade that closed the day lower than it opened.

There was an exit signal for my long trade on cotton.

profits on open trades is currently $7,982.5 and closed trades is $8,088 a total of $16,070.50 an increase of 33.48% on my original account.