I got stopped out on my short AUDUSD trade. I had lowered my 1.03 (+58 pips) but i have -35 pips swap cost for the time holding my position open. As a result my t/p is 23 pips
Κυριακή 17 Μαρτίου 2013
Τετάρτη 13 Μαρτίου 2013
Δευτέρα 11 Μαρτίου 2013
Σάββατο 9 Μαρτίου 2013
UPDATE ON MY OPEN TRADE & NEW TRADE POSITIONS
I have an AUDUSD short position at 1.0358. I will move my stop loss at 1.0300. My swap cost as of now are -27 USD. My take profit target remains at 1.01
On Monday i will execute the following two orders
On Monday i will execute the following two orders
- I will buy EURUSD at opening . S/L 1.2950 and take profit 1.3300
- I will buy EURCHF at opening . S/L 1.20 and take profit 1.2800
END OF FEBRUARY P/L REPORT [ + 490 PIPS] -ONE POSITION STILL OPEN
During February i took two trades.
Short AUDUSD and Short GBPUSD . I close on target profit my GBPUSD trade (+490pips) and i have still open the AUDUSD trade
At the end of first month my overall equity is 11,780

Short AUDUSD and Short GBPUSD . I close on target profit my GBPUSD trade (+490pips) and i have still open the AUDUSD trade
At the end of first month my overall equity is 11,780
Σάββατο 2 Μαρτίου 2013
THE FOOD SPECULATOR
This documentary from VPRO Tegenlicht examines the global commodities futures markets and aims to understand the role of speculation on food prices. The presenter raises a small pool of capital to trade agricultural commodities so he can gain a first hand understanding of the role of the speculator. He travels to Tunisia - a country where rising grain prices saw bread become unaffordable; which ultimately lead to an uprising and regime change, i.e. "the Arab spring". He also attends some futures trading industry symposiums to speak to the industry participants and travels to Chicago - home of the CBOT to find out what "good speculators" and "bad speculators" are. When you think about the key function of commodity futures markets, the main purpose is to help producers and buyers of commodities to manage price risk i.e. hedging. Speculators play a vital role of providing liquidity - in other words in order to conduct a futures trade to hedge crop output you need an active market that provides price discovery and low cost and timely trade execution. Interesting viewing, also note parts of the documentary are in Dutch with English subtitles.
Κυριακή 24 Φεβρουαρίου 2013
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