Tuesday, July 31, 2007

Day 11

Sunday, July 29 Account Balance: $1,111.34

Trades for that day:

2200 EUR/GBP long@ 0.67448
5300 USD/CHF short@ 1.20665
5300 EUR/CHF long@ 1.64650

Results of those trades:

EUR/GBP: stop loss profit of 5.2 pips
USD/CHF: take profit of 50 pips
EUR/CHF: stop loss of -25 pips

Total for day: 27.2 pips

An important note, in the introduction post I said there are 15 currency pairs that have spreads of 4 pips or less, I was wrong there are 16, GBP/JPY is usually 4 pips but when I checked on Oanda it was 6 at the time, so I apologize for the mistake.

The good news is that this change will not effect the expirements, since from the beginning I have actually been useing 0-15 for the random number generator, and GBP/JPY (10) hasn't ever come up.

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