Wednesday, September 9, 2009

Paper Trading Day 34 of 90

My thanks to the reader who let me know that yesterday was a holiday in the United States and hence the reason there was no data for commodities. I do recall being told to look out for this at the three day trading workshop offered by Lifestyle Trader however it seems to have slipped my mind.

FOREX:

A week they say is a long time in football but a few days it seems is longer in forex. Closed another four trades today:
  • Short trade on US Dollar / Japanese Yen with a profit of $381.65
  • Short trade on Euro / US Dollar taking a lose of $1,120
  • Short trade on Euro / Swiss Franc taking a lose of $288
  • Short trade on Euro / Japanese Yen with a profit of $646

Lifestyle trader signaled an exit on my Euro / British Pound short trade. Most open trades are doing well with 4 trades currently in the red.

Profit on open trades is currently $5,321.80 while closed trades is -$2,723.10 a total profit of $2,598.70 or an increase of 7.02%.

Day 3 of Non US Dollar Pairs has an open profit of -$363.30.

COMMODITIES:

Are down a little today after the long weekend, closed two trades:

  • Short trade on Live Cattle with a profit of $640
  • Short trade on Coffee with a loss of $900

There is a signal to entry a long trade on Live Cattle.

Profit on Open trades is currently $10,092.50 while profit on closed trades is $7,603.00 a total of $17,695.50 an increase of 36.87% on my original account.


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