Friday, February 02, 2007

Carry Strategy 4 Update

Hello everyone, I am posting an update for my Carry Strategy #4. As usual, you can monitor the performance of the two carry strategies that I am posting on this blog by clicking on the Carry strategy numbers in the label section on the right hand panel of the blog.

I will not be posting any screenshots today, because there is nothing new. The JPY is tsill going down infront of the GBP, and that's thy key for this carry strategy success. Ia m waiting to see when the GBP will start diving in front of the JPY, that's where the real test of this strategy begins.

I am not doing any carry strategies on my live account. The strategies are tested only on demo account from the pretigious broker that have all my loyalty OANDA http://ww.oanda.com

Now with the update.

Account Balance: 5,729.31
Unrealized Profit/Loss: + 3,095.10
Net Asset Value: 8,824.41
That is a total of 729$ interest since November 1st.

The account was opened on November 1st with an initial deposit of 5,000$. No trades have been made to this account at all. For further information and screen shots, just refer to my earlier post on this strategy.

Wednesday, January 31, 2007

Useful Metatrader indicators-Pivot All Levels

From Investopedia.com

Pivot points are yet another useful tool that can be added to any trader's toolbox. It enables anyone to quickly calculate levels that are likely to cause price movement. The success of a pivot-point system, however, lies squarely on the shoulders of the trader, on his or her ability to effectively use the pivot-point systems in conjunction with other forms of technical analysis. These other technical indicators can be anything from MACD crossovers to candlestick patterns - the greater the number of positive indications, the greater the chances for success.

You can download it here