Day 10

Yesterday was extreme volatility in the markets, the challenge sustained serious losses as the p/l moved from positive to negative. I shall be having a break see you in the markets Monday. Trade with caution.

Target
$1000

Balance:
$48,001

Equity:
$45,000

Return
-3.9%

Current Performance
-14.0%

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

Day 9

Yesterday was another volatile day for currencies however although I don't do pips and focus more on % return the model turnover an amazing 800+ pips with pin point accuracy on retracement.

Target
$1000

Balance:
$50,932

Equity:
$50,932

Return
+1.82%

Current Performance
-7.1%

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

Day 8

Yesterday was another volatile day for currencies as the swings are becoming more aggressive, however as a result of taking advantage of retracements the model turned over almost 22%.

My hedged positions I will be placing together are below, do so at your own risk. I am likely to switch this trades later in the day.

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


Target
$1000

Latest:
02:58am GMT Those that have taken the trade will already be up about 173+ pips. I will be closing all my trades now and reopening likely in reverse when the London markets open.

If you do take up my recommendations your losses are your actions and I expect nothing in return for your gains.

03.00am I have decided to open my trades earlier that first anticipated and will keep usdcad the same.

gbpusd,eurusd,usdcad,audusd,nzdusd,usdjpy,usdchf
long,long,short,long,long,long,short
Open prices: 1.49981, 1.32535, 1.18006, 0.73443, 0.57597, 98.152, 1.13848

03.35am GMT Those that have taken the reverse trade will already be up about 110+ pips.

08.35am GMT Those that have taken the reverse trade will now be up about 257+ pips I have closed all positions for the second time.

Bringing a total of 430+ pips within 8 hours. I'm not a pip person myself I'm more a returns person however I think this is pretty impressive if I may say so myself.







Here are some more pips (290+) that I 've just closed. I added to some positions with lower lot sizes and waited for the retracement.

Total pips so far 700+ total profit around $3954 with very low risk and systematic trades.





Another 80+ pips added making a grand total of nearly 800 pips in one days trading.

Balance:
$58,990

Equity:
$54,875

Return
+17.4%

Current Performance
+9.3%

Will the challenge be won the public consensus at this point is:
37% (Yes), 63% (No), 0% (Not sure)

Day 7

Yesterday was a not so bad day some gains as a result of adding to my positions on a number of pullbacks. Some exposure still remaining.


Target
$1000

Latest:
Balance:
$54,875

Equity:
$54,875

Return
+9.75%

Current Performance
+3.01%


Will the challenge be won the public consensus at this point is:
28% (Yes), 72% (No), 0% (Not sure)

Day 6

Latest:
Balance:
$50,963

Equity:
$45,230

Return
+1.96%

Current Performance
-3.0%


Will the challenge be won the public consensus at this point is:
28% (Yes), 72% (No), 0% (Not sure)

Week 1

This week has been quite a wild one with a deadly flu virus spreading from country to country and banks having had to provide stress test results to regulators. However my initial investment is slightly below in value by less that a thousand dollar and under-performing in terms of the challenge. So next week require more caution and intervention on the pullbacks as the market continues its sideways movement.

Day 5

Yesterday, the markets are showing more signs of instability in as far as currencies go with increasing swings and out of wack prices.

Target
$1000

Latest:
Balance:
$49,152

Equity:
$49,306

Return
-1.69%

Current Performance
-5.1%

The poll was automatically reset:
Will the challenge be won the public consensus at this point is:
50% (Yes), 50% (No), 0% (Not sure)