Friday, August 3, 2007

Day 16

Friday, August 3 Account Balance: $1,137.76

Trades for today:

5400 AUD/JPY long@ 102.144
4500 GBP/USD short@ 2.03607
5300 CAD/JPY short@ 112.738

Trades from yesterday:

USD/JPY long, stopped out for 24 pip loss
USD/CHF short, stopped out for 25 pip loss

Results of today's trades, very bad, all stop outs

Total for today:

Pip profit: -119
$ profit: -$54.07
% profit: -4.75%

Trade still open: EUR/GBP long, up 8.9 pips

Overall the last two days have been horrible, however, when one compares the results of all days one finds, 3 out of 15 0-3, 2 out of 15 3-0, 6 out of 15 2-1 and 4 out o 15 1-3.

Each should be about 25%, so 1-3 is about right, while there will be more 3-0 days in the future, so the system should be able to set new records no problem.

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