Tuesday, December 8, 2009

Live Trading Day 7

There was an entry signal for a long trade on Soybeans today however I had to pass on this trade as the risk on the stop loss exceeds the 5% risk as set in my trading rules. However there were three other trades with entry signals that I could take.

Open Positions:

AUD/USD -35,000 0.9154 0.9398 0.9379 YES 0.9126
Corn -1 398.75 408.5 401.25 YES 383.6
Wheat -1 566.5 586.25 572.75 YES 548

New Trades:

GBP/USD -17,000 1.6442 1.6856 YES -541.25USD
NZD/USD -35,000 0.7148 0.7363 YES -1309.00USD
Cotton 1 pending 72.15 YES -1270.00USD

Account:

$38,665.38 $32,319.34 $6,346.04



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