Cable Consolidation

May 21, 2011
The Cable was very flat last week, with market oscilating near the Pivot Point. It is rather difficult to trade choppy markets, but we managed to squeeze a miserable $67.



This was clearly a brief consolidation and we should see some action next week. On Tuesday we have important economic news: [GBP] Public Sector Net Borowing; on Wednesday: Revised GDP q/q, and on Friday: Nationwide HPI m/m. Lets see what we can do next week.
 

Pedestrian Week

May 14, 2011

Last week we took only one directional trade (from the PP to S1 levels) and made pedestrian $115.50.  Hopefully we will have better opportunities to trade next week.


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One Good Trade

May 6, 2011
Last week we caught one directional move ad we made $293.  Small profit for the week, but our equity curve is directionally correct.



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April 2011

April 30, 2011
The Cable strengthened gradually in April and we capitalised on the majority of the directional moves.  We made a profit of $715 or 4.9% equity growth. See the Equity Curve on the chart below.


We didn't shoot the lights out in April, but our YTD performance is 23.6% and overall we are comfortable with our performance.

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Steady Week

April 25, 2011
Last week Cable had a strong directional move and we executed four profitable trades.  In total we made only $246, but we executed all trades flawlessly.  Due to all the religious holidays, market is going sideways again. Lets see if we get to trade this week.


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