Day 12

The Forex market continues to take casualties as one can only imagine the thousands of traders getting hit badly. As I have been saying be very careful and if your funds are less than $500 you are better of limiting your trading hours and trading lot sizes. However the model coped quite well moving between +/- p/l throughout the day in extremes.

My positions for tomorrow are as follows remember it will fluctuate throughout the day I tend to trade them around 12.15am GMT, if you go into +p/l maybe you can use that to your advantage and make ad-hoc trades with the security of your hedged profits. Also your trades are your actions and I hold no responsibility for your losses and expect no commission on any profits you make. Happy days.

gbpusd,eurusd,usdcad,audusd,nzdusd,usdjpy,usdchf
long,long,short,long,long,short,short

Target
$2000

Latest:
12.07pm GMT Those that took up my positions would now be in profited by at least 2.5% (700+ pips) depending on leverage and $/pip. I have now reversed my trades follow with caution.

18.45 pm GMT The model coupled with the ongoing development of a system has so far increased the balance by 15%+ (nearing 1000 pips on the day). Impeccable.

Balance:
$53,604

Equity:
$53,604

Return
7.2%

Current Performance
-7.9%

Will the challenge be won the public consensus at this point is:
45% (Yes), 55% (No), 0% (Not sure)