Third Week Up for Cable

February 4, 2012
We had three weeks of Cable run against the Dollar. The bailout plan for the troubled EU banks must be working.
We are trading very cautiously, we took a small trade from L3 to H3 levels and we made only $56 for the week.
 

January 2012

February 4, 2012

We had a slow start to the year. In January 2012 we made $480.50 or 2.4% equity growth. We missed some good opportunities and we are still optimizing the position sizing for our new algorithm. We should see improvement in February.


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Another Run, Another Missed Opportunity

January 28, 2012
Second week in a row, Cable ran straight up, briefly pausing at H3 and finished at H4 level.  We missed the opportunity all together. Rumour has it that EU is mending a deal for Greece again and it should be announced on Sunday. Let's see what it means for the markets.


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Great Run, Small Profit

January 21, 2012
We had a great run of the Cable last week, but unfortunately we missed most of the opportunity. We took the profit at the H3 level, but Cable ran through the H4 and stopped just short of H5!
With the bearish economic outlook on EU this might have been a stop-run, where professionals take out retail investor positions, but we will see next week. Anyway, we walk away with $57.20 profit and we will see what the market brings next week.

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Market is Warming Up

January 13, 2012
As professional traders return from holidays, we are seeing more liquidity and better market moves. The Cable touched H3 level, then penetrated L3 and L4 levels. We have capitalised on all these moves and we made $212.90 for the week.


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