Paper Trading Day 32 of 90

Saturday morning again and this week its me the cat and the wife. Another beautiful sunny day in Melbourne and my beloved Magpies are playing the Saints this weekend, "c'arn the Pies".

FOREX:

The good ol' green back persisits in not knowing what it is doing and like its makers is creating instability throughout the free world. Lifestyle trader had exit and entry signals galore this morning,

• British Pound / US Dollar exit signal on short trade and an entry signal for long trade.
• US Dollar / Canadian Dollar exit signal for long trade and an entry signal for short trade.
• US Dollar / Swiss Franc exit signal for long trade and an entry signal for short trade.
• Australian Dollar / US Dollar entry signal for a long trade.
• British Pound / Japanese Yen exit signal for short trade and an entry signal for long trade.

Every currency pair except Euro / British pound went the wrong direction today so profits on open trades is way down on yesterday.

Profits on open trades is currently $1,420.70 and profits on closed trades is -$3,316.40 a total lose of $1,895.70 or -5.12% on my original account.

Day two of non US Dollar pairs shows an open profit of $808.40 or an increase of 2.18%.

The opinions expresses in this blog are those of the author and do not represent the opinions of the US Dollar or its makers, please don't shoot the messenger.

COMMODITIES:

Grains and Livestock are both doing well and heading in the right direction while Softs are a bit up and down today.

Lifestyle trader signaled an entry to go long on Feeder Cattle and an exit signal for my short Live Cattle trade. There was also an exit signal for my short Coffee trade with a signal to enter a long trade. I also closed my long trade on Cotton at a lose of $225 and received an entry signal to go long again while Orange Juice continues in it winning ways.

I currently only have two trades that are in the red, being of course Cocoa, though not as red as yesterday and Coffee, though the entry signal to go long looks like a very strong signal and we will see how that compares to the recently closed short trade.

Profits on open trades is currently $10,207.00 and closed trades is $7,863.00 a total of $18,070.00 an increase of 37.65% on my original account.