Thursday, 12 May 2016

May 12th

I am slowly easing back in to action.  I am increasing my size and have added some capital to my account, so will be treading cautiously.  I have also decided to use two units when entering - one aggressive, one conservative.  This is a test period for now to see how it works.

PipsATRRL/SMarketRisk %Paper Profit
-42-0.55 -0.37 LEURUSD0.50-0.18%
0- - LGBPUSD0.000.00%
-23-0.20 -0.39 SUSDCAD1.00-0.19%
0- - SEURJPY0.000.00%
-16-0.10 -0.19 LBCO1.00-0.10%
0- - LGold0.000.00%
0- - SCopper0.000.00%
0- - LBund0.000.00%
0- - LSoy0.000.00%
-0.85-0.952.50-0.47%

Friday, 22 April 2016

22nd April

I guess it had to happen.  Soy finally reversed and took out my stop.  I did OK, getting 3.27% on the trade.  Of course, there is always that regret that you didn't close it out higher.  I also closed my USDCAD trade, for 0.55%.

Next week is my last week before I go on holiday, so I wanted to clear the decks.  I don't like to do it, but I would kick myself if I have a few losers.  I finish April up 3.64%, so some way to recovering from the losses in March.

Thursday, 21 April 2016

April 21st

Soy continued upwards today.  Not being a long term trend follower, I have now tightened my stop to lock in some profit.  Unfortunately, this is at the recent low point so I am concerned it will be a target.

Elsewhere, USDCAD gave back some ground and I got stopped out on gold.  I often find trades that are underwater from the start finish losers quickly.  It is rare in my experience for them to turn round in to big winners.  Those are normally trades that are positive right from the off.  Of course, I may have some recency bias here but it is something I will investigate for the future.

PipsATRRL/SMarketRisk %Paper Profit
585.27 7.25 LSoy0.654.72%
500.39 0.52 SUSDCAD0.650.35%
0- - LEURUSD0.000.00%
0- - SGBPUSD0.000.00%
0- - SBCO0.000.00%
0- - SNATGAS0.000.00%
0- - SCopper0.000.00%
0- - LBund0.000.00%
0- - SEURJPY0.000.00%
0- - LGold0.000.00%
5.667.771.305.07%

Wednesday, 20 April 2016

20th April

Wow, a huge day in soybeans today.  The market was up nearly 3 ATR from yesterday.  USDCAD also continued on trend with the strength in oil.  I got filled on a entry in Gold as well.  So far, it is not showing me a profit.  If that continues, I will look to cut it soon.  As for Soy, I have a very juicy paper profit.  How much to bank?  Will this ride reverse as quickly as it rose or is there more to go?  For now, I keep my exposure.  Nervously.

PipsATRRL/SMarketRisk %Paper Profit
423.82 5.25 LSoy0.653.40%
1431.12 1.49 SUSDCAD0.650.99%
0- - LEURUSD0.000.00%
0- - SGBPUSD0.000.00%
0- - SBCO0.000.00%
0- - SNATGAS0.000.00%
0- - SCopper0.000.00%
0- - LBund0.000.00%
0- - SEURJPY0.000.00%
-460-0.25 -0.34 LGold0.65-0.22%
4.686.401.954.17%