Week ending 28Apr18
We started the week with 6 trades open, and I placed 11 orders, of which 9 were taken. 5TPs were hit, so on target there, and we now have 10 trades open. The oldest trades are only 2 weeks old.
Gain on equity this week was 0.2% on the AUD account, bringing it to 10% for the month so far. Margin Used is 16% of NAV.
Overall, including the NZD funds and with the upward movement in the AUDNZD, NZD equity gain was 0.7% for the week, and 10.3% for the month, with total drawdown sitting at 1.7%.
The AUDSGD is the trade most in the red at the moment, and is at 1.0022 currently after a bounce off the 1.0000 mark. If it breaks through, there still might be more downward pressure to support around the .9900 level. I'll keep an eye on that one.
We started the week with 6 trades open, and I placed 11 orders, of which 9 were taken. 5TPs were hit, so on target there, and we now have 10 trades open. The oldest trades are only 2 weeks old.
Gain on equity this week was 0.2% on the AUD account, bringing it to 10% for the month so far. Margin Used is 16% of NAV.
Overall, including the NZD funds and with the upward movement in the AUDNZD, NZD equity gain was 0.7% for the week, and 10.3% for the month, with total drawdown sitting at 1.7%.
The AUDSGD is the trade most in the red at the moment, and is at 1.0022 currently after a bounce off the 1.0000 mark. If it breaks through, there still might be more downward pressure to support around the .9900 level. I'll keep an eye on that one.
Return on Equity: 2017, 32.4%; 2018; 8.0%, 2019 (30Apr), 4.5%
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