Sunday, August 5, 2007

Day 17

Sunday, August 5 Account Balance: $1,106.15

Today trades:

5200 GBP/JPY long@ 240.264
4400 NZD/USD long@ .7593
5200 AUD/JPY long@ 100.662

Results: all 3 stopped out for combined loss of 72.6 pips, -$32.2, -2.91% for the day.

Open trade:

EUR/GBP Long: +26.6 pips, SL is now set to +10.

Overall this pair is a very slow mover, but the 1 day charts look good, so hopefully this trade can TP and break the stunning 9 in a row losing streak.

Odds of that are 1 in 524, so hopefully tomorrow the system can begin climbing out of the hole.

It's certainly possible, since a 3-0 day tomorrow, along with EUR/GBP TPing would mean 4 wins in a row, which would bring the system back to +15%.

Here's hoping for some stunning statistical irregularities, this time to the winning side:)

Good Night and Good Luck to all Traders.

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