Thursday, June 14, 2012

TRADING UGLY



Sorry, I’m in no mood for a pic.

Algorithm got clocked today. Every time I took a signal in EURUSD, it went in my favor for about 2 pips and then reversed with a vengeance. That’s the bad news; down about 7% total for the day in Euro.

The good news is we are long gold, and I’m trying to ride the profit wave up. So, until I get out of the gold trade, the NAV is pretty much meaningless. Long gold from 1619, and if it goes lower I will add to the position.

I’ll post when gold trade is done on Twitter and then post results here with updated NAV.

Until then, have a good day everyone.

-vegas

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