Friday, 22 January 2010

It's The Weekend Baby!!!

So yet again another week is over and i do feel that the markets are beginning to liven up again. I made some decent gains this week and look forward to the final week where i hope i can turn this topsy turvy month in my favour.

My S1 strategy made me another +30, so this strategy seems to be finding its feet now. Must have had a little too much drink over the Xmas hols. No trade on my S2 strategy today as EMA was running through my box. S3 was a dodgy one this morning, should have entered a trade short, however it was right on the news, so decided not to, however sods law if i would have traded it mechanically and entered i would be up +40, so food for thought. If you have decided to trade a strategy 100% mechanically do it, don't trade some days mechanically, then other days bring other factors into play, i.e. news announcements, etc, etc, because you know exactly what will happen - STICK TO YOU PLAN - Something i need to keep telling myself!

Didn't trade Dax again, however 2 trades would have been made, first one another -15 and the second one B/E. This strategy is just not performing this month, so will monitor it for now and hopefully bring it back into play again soon.

Ichimoku is still massively up for the month, but had a bad day yesterday and todays trades are looking a little dodgy to say the least. Lost about 140 pips yesterday. Placed 6 trades today on GU, UCAD, AU, NU, EG and EJ. I will report back on this Monday afternoon. But for the month so far i am up about +700 pips on Ichimoku, so very happy with its performance again and i will be looking at trading it with serious cash probably beginning of March after another month of testing - want to get this just right.

My results are below for the month so far:
S1 = -30
S2 = 0
S3 = +10 - This strategy if traded just the 1 trade after 0700hrs would be up +245.
Dax = -48 (If traded today it would be on -108)

Well guys and gals, have a cracking weekend and ill touch base with you on Monday afternoon.

Adios Amigos.

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