Jul

July 2008 Update

Posted by Investorideas.com in Automated Trading, Blogs, Expert Advisors, FX Industry News, Financial News, Forex, Forex Analysis, Forex Brokers, Forex Feeds, Forex Forecasts, Forex Indicators, Forex News, Forex Signals, Forex Strategies, Forex Technical Analysis, Forex Trading Times, Forex Update, Forex Video News, Fundamental Analysis Reports, General News, KDB, Managed Accounts, Reviews, Times to Trade Forex, Trading Forex, Trading Systems, businessNews

Okay then....time for a July update

July was a pretty good month, so i can't complain. However I think it could have been better, so that's something to shoot for. I only traded with half the leverage i should have for the first part of the month, but by the end of the month I was right where i need to be and it felt pretty comfortable.

Out of the month we had one holiday and I had a weeks worth of vacation with the family. Funny thing is I made a majority of my profits after returning from the vacation. I must have needed it. During the vacation I didn't look at one chart or read one bit of news.

So these results are a little less than 3 weeks of trading. I let my emotions get the best of me 3 times and it caused my some additional profits. Sometimes i get my hands on too much information, so I need to work on filtering out the economic noise.

I'm currently flat with no open positions. I'm not sure if I will enter before the Unemployment figures tomorrow or not. I might see how things settle down first. I'll make the decision when i do my nightly recap tonight.

I still need to finalize my Mentorship with Dirk, and turn in my Blueprint worksheet. The class has done more for me mentally than I could have imagined. It gave me a entire new view of approaching the market. Just wish I would have found it when I started a few years ago. It would have saved me from falling for some of the scams. Man what i could do with that money now.

Total July 2008 Trades: 16
Total July 2008 Winning Trades: 15
Total July 2008 Losing Trades: 1
Total July 2008 Break even Trades: 0
July 2008 Increase/Decrease: +9.21%

Summary:
June 2008: +8.6%
July 2008: +9.21%

Trade Well....
Brent

No Comments

Jul

Travel Etiquette In The World’s Most Visited Countries

Posted by Devon Pendleton in Automated Trading, Blogs, Expert Advisors, FX Industry News, Financial News, Forex, Forex Analysis, Forex Brokers, Forex Feeds, Forex Forecasts, Forex Indicators, Forex News, Forex Signals, Forex Strategies, Forex Technical Analysis, Forex Trading Times, Forex Update, Forex Video News, Fundamental Analysis Reports, General News, KDB, Managed Accounts, Reviews, Times to Trade Forex, Trading Forex, Trading Systems, businessNews

Follow these few, easy-to-remember customs to avoid offending when traveling abroad.

No Comments

Jul

Small-Cap Funds Appear Ready for Comeback

Posted by SmartMoney.com - Fund Insight in Automated Trading, Blogs, Expert Advisors, FX Industry News, Financial News, Forex, Forex Analysis, Forex Brokers, Forex Feeds, Forex Forecasts, Forex Indicators, Forex News, Forex Signals, Forex Strategies, Forex Technical Analysis, Forex Trading Times, Forex Update, Forex Video News, Fundamental Analysis Reports, General News, KDB, Managed Accounts, Reviews, Times to Trade Forex, Trading Forex, Trading Systems, businessNews

Out of favor for years, small-stock funds are starting to heat up once again.

No Comments

Jul

Work & Life: Vacation Time

Posted by SmartMoney TV in Automated Trading, Blogs, Expert Advisors, FX Industry News, Financial News, Forex, Forex Analysis, Forex Brokers, Forex Feeds, Forex Forecasts, Forex Indicators, Forex News, Forex Signals, Forex Strategies, Forex Technical Analysis, Forex Trading Times, Forex Update, Forex Video News, Fundamental Analysis Reports, General News, KDB, Managed Accounts, Reviews, Times to Trade Forex, Trading Forex, Trading Systems, businessNews

Here's how to take a break from your business.

No Comments

Jul

Profits vs. Drawdowns for Bogie, FAPS and Tracer EAs

Posted by Investorideas.com in FX Industry News, Financial News, Forex, Forex Feeds, Forex News, Forex Update

In general, June was a very good month for trading. There were a a lot of sizable moves intraday and overnight reactions which stirred up the forex markets. Euro (EUR/USD) was the most interesting pair to watch since it recorded its historical high back in late April. Since then, it has entered into a consolidation phase.

I have three expert advisors which all auto-trade the same EUR/USD market, i.e. Bogie, Forex Autopilot (FAPS) and Forex Tracer, but on different time periods. I will show you how they all fair in the month of June. For comparison, all three were assigned with with same account level at the start of the month. Initial deposit: $1000; Fixed lot size: 0.1 lot. Here are their end results:

1st place: Bogie-NN-v8 end balance $2434 (143.4%) Approx. +1434 pips
2nd place: FAPS end-balance $1169 (+16.9%) Approx. +169 pips
3rd place: Tracer end balance $903 (-9.7%) Approx. -97 pips

EA Performance (Jun' 08)	Bogie	Tracer	FAPS
Time period	H1	M30	M1
Stop loss used	200	250	---
Absolute drawdown (% from initial deposit)	-3.6	-24.9	-28.7
Maximal drawdown (in term of pips)		250	>500
Final profits (in term of pips)	+1434	-91	+169

Final remarks:

1) Bogie-NN-v8 had a very strong month in June as it outperformed others during this market phase. At many occasions, it did superbly by selling at the tops and buying at the lows.

2) Compared to previous month results, FAPS was slightly underperformed this month, but its overall results since the start of the year were impressive. June was the fifth profitable month of this year.

3) Tracer was recently launched. Unlike FAPS, it uses a fixed stop loss level of 250 pips, thus giving you the comfort of knowing its risk limit. Unfortunately, June was a volatile month which in turn resulted the EA to hit the bump twice. Despite all that, Tracer EA showed great resilience and nearly made it back to the positive.

I am not sure what July will bring, but i have high hopes on three of them. If the current trend continues, Bogie is the one to look out for. If the Euro continues to gain momentum towards the upside, FAPS and Tracer should be back to exhibiting their real strengths.

No Comments

Jul

Picking up the Forex Signal

Posted by admin in FX Industry News, Financial News, Forex, Forex Brokers, Forex Feeds, Forex Indicators, Forex News, Forex Signals, Forex Update

If you do not have time to research on how to invest in the forex markets you could buy yourself subscription to forex trading signals. But this is where you have got to be careful. There are plenty...

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

No Comments

Jul

Ten Most Value-Packed Cars

Posted by Jacqueline Mitchell in Automated Trading, Blogs, Expert Advisors, FX Industry News, Financial News, Forex, Forex Analysis, Forex Brokers, Forex Feeds, Forex Forecasts, Forex Indicators, Forex News, Forex Signals, Forex Strategies, Forex Technical Analysis, Forex Trading Times, Forex Update, Forex Video News, Fundamental Analysis Reports, General News, KDB, Managed Accounts, Reviews, Times to Trade Forex, Trading Forex, Trading Systems, businessNews

Each of these cars provides some of the best bang for the buck in its class.

No Comments

Jul

Aggressive strategy wins the round

Posted by Ron Prichard in FX Industry News, Financial News, Forex, Forex Feeds, Forex News, Forex Update

Vad Yazvinski uses an active combination of shorts and long positions to win this round of Strategy Lab. But all 6 of our players more than held their own in a very difficult market.

No Comments

Jul