Day 5

As a result of roll-over positions being closed losses were incurred.

Latest:
Hedging yesterday was not that great, will not be rolling-over any positions from here on in.

Balance:
$47,004

Equity:
$41,640

Current Performance
-9.9%

Target P/L
$2000

Will the challenge be won the public consensus at this point is:
27.5% (Yes), 58.6% (No), 13.7% (Not sure)

Update:
10.28 GMT. The markets are extremely volatile as the G-20 meet in what is being dubbed the New World Order.

17.43 GMT. This week has been a volatile week as predicted and part of a sideway price channel on most of the major currencies which is likely to continue.

The model has been quite disturbed by the uncertainty of the market due perhaps to the G-20 meeting in London, UK but has held out quite nicely considering its managing 7 highly volatile pairs. However there was quite a bit of extra hedging going on to try and manage extensive risk due to rolling over positions.

The $50,000 has diminished to $45,441 and likely to finish lower by the end of the day.

The performance in line w/ the 30 day expectation is also lower at around -13.7%, so the model has its work cut out.

Trades will be published on Sunday around 11 pm GMT for Monday session, to which I am not responsible for any losses that you may incur, however I would suggest you place them together around 12.30 a.m GMT.

Will the challenge be won the public consensus at this point is:
27% (Yes), 60% (No), 13% (Not sure)