Kris Markets

Sideways market

September 20, 2010

This week we have numerous economic news releases, including Public Sector Expenditure/Borrowing, Minutes from the MPC Meeting, and British Bankers Mortgage Approvals.

Our Weekly Pivots are wide, trend is stalling and in general we anticipate a sideways market. Lets see how much the market is willing to pay us this week (if anything).

Posted by Kris Pivo.

This week we had UK jobless claims report and statement from Mervyn King, the governor of BoE. We closed our positions (with a profit of $545.52) before the news release.
Once again, we have to tone down our entusiasm to reduce the risk exposure.

Posted by Kris Pivo.

Gaining confidence

September 10, 2010

We made $316.38 this week. We are gaining momentum and we must be careful of not getting too confident, i.e. taking unnecessary risk. Bucket shops are waiting for us to make a mistake.
Well, we believe in flawless, merciless execution of our method. Our method works, as long as we don't make any silly mistakes.

Posted by Kris Pivo.

First week of September

September 4, 2010

We had a mediocre start in September, we made only $79.86 for the week.
Hopefully we have better working conditions for the rest of the month.

Posted by Kris Pivo.

August 2010

August 26, 2010

Summer holidays are over and we are getting back into trading. We had a pedestrian performance this month, but we will take the profits that the merciless market is willing to give us. We made $1,439 and we will gladly bank it.

Posted by Kris Pivo. Posted In : Monthly Performance

Trading Blog

Sideways market

Employmnet report for the UK

Gaining confidence

First week of September

August 2010

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