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Weekly 80/20 Setups

  • #321
  • Jun 22, 2008 1:03pm Jun 22, 2008 1:03pm
Quoting yonnie
thank you for your reply.

I dont try to be difficult here, just wondering and trying to learn.

being neutral is the most important thing to mitigate risk together with money management.

ofcourse you can be currency-neutral when you place your orders, but you have no control when those orders will be triggered.

that means your risk in a particular currency might be sky high at times.

is that your experience Flyjetz?
Yes and no. Yes, relative to other currencies, but no, if you take small position sizes. What is "sky-high" risk? It's different for everyone. If you take small position sizes from the outset, you'll be fine. Let's say you are 100 feet from the edge of a cliff. If you dance around within a few feet of your starting point, you will be fine. Now let's say we move our starting point to 50 feet from the edge. Is the risk greater? Yes. Will I fall off the edge? Probably not. As long as you're starting position is one with little risk, increasing risk from that starting position will not matter so much. On the flipside, if you start out with bigger positions (say 10 feet from the cliff), every foot closer you move, the much more danger you will face.

I'm not sure that made any sense or not, but it is how I feel about the risk being taken.
  • #322
  • Jun 22, 2008 1:06pm Jun 22, 2008 1:06pm
Quoting tboyett
Jetz, I must be missing something. Here is an example of where I am confused: Let's say that you are short in a falling market (your 80 level was hit) and your trade subsequently hits the TP. You immediately reverse to long. The market continues to fall. Now, the week ends and you calculate your new 20/80 limits. The problem is that the new 80 or sell limit is below the previous level of where you bought. It appears that you have locked in a loss. Do you continue to work with the original TP instead of the new sell limit? What am I missing?

TIA,
tb
You're not missing anything. Usually if a trade is held over a weekend, the TP is lowered to a point that decreases the amount of pips that you originally would have gained, or it locks in a loss, as you mentioned. Even though we don't use stop losses, I liken it to a trailing stop loss. I've never made any guarantees that all trades would be winners.
  • #323
  • Jun 22, 2008 2:25pm Jun 22, 2008 2:25pm
Quoting Flyjetz
You're not missing anything. Usually if a trade is held over a weekend, the TP is lowered to a point that decreases the amount of pips that you originally would have gained, or it locks in a loss, as you mentioned. Even though we don't use stop losses, I liken it to a trailing stop loss. I've never made any guarantees that all trades would be winners.
FJ, I know you're busy, so don't feel obligated to answer until you are able, but what would you do in this instance - take the loss or try to salvage by staying with a positive exit or something else?

Thanks and hope your move goes well,
tb
  • #324
  • Jun 22, 2008 8:36pm Jun 22, 2008 8:36pm
Quoting tboyett
FJ, I know you're busy, so don't feel obligated to answer until you are able, but what would you do in this instance - take the loss or try to salvage by staying with a positive exit or something else?

Thanks and hope your move goes well,
tb

I always stay in the trade until the TP is hit. Keep it mechanical. Don't "decide" to do anything. Let the system generated Entry and TP levels do the deciding for you. If you look at ALL the losses, they all "TP'd" after a nice "comeback". In other words, they had a big drawdown, but eventually floated back up to the 80% line, even if the new 80% line was lower than the original one.
  • #325
  • Jun 22, 2008 8:45pm Jun 22, 2008 8:45pm
Quoting yonnie
I`ve been looking at the results made so far in this journal.

until the end of April the system was going in overdrive with 3,634 pips profit and on 6 May even 3,955 banked pips.
after that the pip machine grounded to a halt and stands now at 3,434 with a loss of 492 pips in the open positions.

I think the difference is that the GBP and JPY changed direction in March and because of the 20-week rule, that change was not recognised until much later.

we know that a weekly candle will be formed somewhere connected to last week`s candle, but where will it run?
would it be better to look at a shorter past time frame (the past 6-10 weeks for instance) to better go with the current trend without giving in to whipsaw?

flyjetz, did you have a particular reason to choose 20 weeks?

thank you for all the hard work you put in and for sharing your ideas.

take care
Yonnie,

You are right, this system blasted from 0 pips profit to 3000 pips profit quite rapidly. Since then, it has bounced around for quite some time between 3000 and 4000 pips. It does seem to have been stuck there for some time. You mentioned the GBPJPY as the cause. You may be right. I also feel that it's the USD. Seven of the ten pairs that I post results on here have the USD as one of the currencies. The USD was in freefall earlier this year, and has been going back and forth over the last month or so. So when I was trading only in the direction of the trend, I was forcing myself to only go against the USD. I think now that I have opened up the system to trading in both directions, I think the pips will start to flow again. To give you more insight into the viability of this system you can take a look at my personal results. As you know, I trade 27 pairs. On a month-to-month basis, I have closed every month since this started in February with positive pips. In actual dollar terms, only April was a loser for me. On a week-to-week basis, 14 of 19 weeks have seen positive pips. 16 of 19 weeks have been actual dollar positive for me (i.e. my account grew). Last week was my eighth week in a row of positive dollar returns. So regardless of the results being posted here of the ten pairs I track for the board, the real results with real risk management for 27 pairs have been outstanding. I'm a firm believer in the system.
  • #326
  • Jun 22, 2008 8:51pm Jun 22, 2008 8:51pm
Quoting Rcwso
Flyjetz,

I see that you posted this coming weeks 80/20 levels. My numbers are fairly different. By as many as 10 pips in some cases. I have checked, double checked and again checked to see if my formulas are incorrect. I cannot find an error in those. A couple of questions.

1. Are you using the Bid or the Ask high and low for the weekly? I am using the Bid price.

2. If you are also using the bid can you compare my weekly high/low to yours for the following pairs? This is the actual reported BID high and low for the last week. I use IBFX. Week of 15 June 2008.

EUR/USD-Max 1.5651 Min 1.5345
GPB/USD-Max 1.9789 Min 1.9465
GPB/JPY-Max 213.26 Min 210.42
EUR/JPY-Max 168.11 Min 166.44

That should be a sample to see if I even have the same starting numbers for this last week. If I do not, then I see the problem. If so, then I am confused even more. I realize 10 pips is not that much when talking 200-300 for some moves in a week on certain pairs. I still would like to have numbers that are close.

3. Clarify that you are using 20 or 21 weeks of data. I know you say you average 20 weeks of info but for the first week you could either start with the 21st or 20th weeks to start with since you need the "previous" week for the first calculations. So is you "Previous Week" the 20th or 21st?

Thanks,
RCWSO
RCWSO,

It's not uncommon for different brokers to have slightly different quotes. I would say that if you are within 10 pips, you are calculating things correctly for the numbers that you have.

1. I'm not sure if Oanda uses Bid or Ask on their candlesticks. I will try to find out for you.

2. Here are Oanda's High and Low for the pairs you wanted:
EUR/USD-Max 1.56512 Min 1.5346
GPB/USD-Max 1.97912 Min 1.94595
GPB/JPY-Max 213.314 Min 210.084 (pretty big difference here)
EUR/JPY-Max 168.132 Min 166.102 (pretty big difference here)

3. I only use 20 weeks of data. This gives me a 20 week average of high/low/midpoints. It also results in only being able to have 19 weeks of slope average. I hope that answers your question.
  • #327
  • Jun 22, 2008 8:52pm Jun 22, 2008 8:52pm
Quoting yonnie
I`ve been looking at the results made so far in this journal.

until the end of April the system was going in overdrive with 3,634 pips profit and on 6 May even 3,955 banked pips.
after that the pip machine grounded to a halt and stands now at 3,434 with a loss of 492 pips in the open positions.

I think the difference is that the GBP and JPY changed direction in March and because of the 20-week rule, that change was not recognised until much later.

we know that a weekly candle will be formed somewhere connected to last week`s candle, but where will it run?
would it be better to look at a shorter past time frame (the past 6-10 weeks for instance) to better go with the current trend without giving in to whipsaw?

flyjetz, did you have a particular reason to choose 20 weeks?

thank you for all the hard work you put in and for sharing your ideas.

take care
yonnie,

I forgot to mention that I chose 20 weeks because it felt like it was not too long and not too short. In other words, you may find success with this system using different time periods.
  • #328
  • Jun 22, 2008 11:56pm Jun 22, 2008 11:56pm
Interesting that the more volatile pairs such as the GPB/JPY were so different. I will chalk it up to the broker difference.

Enjoy the move. If that is even possible. See you when you get settled and look forward to the next couple of weeks to see how things work out.

RCWSO
  • #329
  • Jun 23, 2008 7:01am Jun 23, 2008 7:01am
thank you so much for sharing with us your overall view of your system.

I`m really excited now after learning of your successes so far and that you are fully committed to your system.

its amazing that a mechanical system like this can be so good and I`m sure that after trading with this system for a while it can only get better with a little tweak here and there. just like you do trading both ways nowadays.

hope you stay cool/calm/collected through your moving ordeal......I know how it feels. take care
  • #330
  • Jun 23, 2008 2:12pm Jun 23, 2008 2:12pm
GBP/JPY and USD/JPY are starting to get annoying. They've been in the red for over three weeks now. With the updated TP, i'm sure they will be losers. I just wish they would finally close.

Nevertheless, I will stick to the rules of the system and see how it plays out.

I have chosen a basket of 10 currencies that I will trade:
EURUSD, GBPUSD, AUDUSD, USDCAD, EURJPY, EURCZK, EURNOK, EURHUF, USDSGD, USDZAR

So I will be trading this set of currencies and see how it goes. I hope it will be a balanced set with low correlations. However I still have some remaining currencies that were involved in open trades before I switched to the new set of currencies (like GBP/JPY, USD/JPY). I'm just waiting for them to close out.
  • #331
  • Jun 23, 2008 2:22pm Jun 23, 2008 2:22pm
Maybe I am missing something with the system. Can someone explain the "close out" rules? The way I understand what Flyjetz is doing, with NO stop loss, you technically could end up in a trade that will never close. Meaning you would end up with a complete loser and keep on losing. I don't understand how you close out a trade unless you hit a take profit or manually close it out. Now is there something with the broker you are using that you will automatically get closed out at a certain percent that you enter? And no, I am not talking about a margin call. Flyjetz talks that he can set a percent trade of his balance vice a lot size. If that is the case, what is different for that than a stop loss? Can someone explain how a trade closes out without hitting a take profit?

thanks, RCWSO
  • #332
  • Jun 23, 2008 3:04pm Jun 23, 2008 3:04pm
Quoting yonnie
btw I calculate the slope by comparing the 1st candle mid point with the 20th midpoint and divide that figure by 19.
Quoting Flyjetz
Mathematically, that should yield approximately the same slope as my system.
Well they are not equivalent, but maybe they will produce similar values for the numbers we're using.

Yonnie, I guess it depends what you mean when you say you are "comparing the 1st candle mid point with the 20th midpoint." If you are comparing them by finding the change, i.e. the difference, not the percent change, then to get the average change you can just look at the difference between the 20th midpoint and the 1st midpoint and divide that by 19...like this:

Let M1 be the first midpoint, M2 be the second midpoint, etc. If we look at the changes (defined as simply the difference between consecutive midpoints) we have: M2 - M1, M3 - M2, M4 - M3, ..., M20 - M19.

Then the average of these changes would be: [(M2 - M1) + (M3 - M2) + (M4 - M3) + ... + (M20 - M19)]/19

But notice how most of the terms cancel out, like in (M2 - M1) + (M3 - M2), the M2 terms cancel out because one it positive and the other is negative. So we can reduce the formula for the average as follows:

[(M2 - M1) + (M3 - M2) + (M4 - M3) + ... + (M20 - M19)]/19 = [M20 - M1]/19


In contrast, Flyjetz uses the percent changes, e.g. (M2 - M1)/M1, (M3 - M2)/M2, ... (M20 - M19)/M19, and then he averages them.
The average of these values is quite different from [M20 - M1]/19. Adding all those fractions together gets quite messy. In fact, it is also quite different from [(M20 - M1)/M1]/19. Perhaps that is what you mean by comparing the first and last midpoints.

Whether you are taking the first and last midpoint and using a difference, or percent change, you will get a different value than taking the average of all the weekly percent changes.

For another comparison, consider this situation: Over a 20-week period, the midpoints go up and then come back down so that the midpoint of the 1st week is the same as the midpoint of the 20th week. Using yonnie's method, you will get a slope of 0 because (M20 - M1) = 0 in this case. Using Flyjetz's method, you will get some positive value because those intermediate weeks will pull the average up.

Which method of calculating the slope gives more profitable projections? Good question.
  • #333
  • Jun 23, 2008 3:38pm Jun 23, 2008 3:38pm
Quoting Rcwso
Maybe I am missing something with the system. Can someone explain the "close out" rules? The way I understand what Flyjetz is doing, with NO stop loss, you technically could end up in a trade that will never close. Meaning you would end up with a complete loser and keep on losing. I don't understand how you close out a trade unless you hit a take profit or manually close it out. Now is there something with the broker you are using that you will automatically get closed out at a certain percent that you enter? And no, I am not talking about a margin call. Flyjetz talks that he can set a percent trade of his balance vice a lot size. If that is the case, what is different for that than a stop loss? Can someone explain how a trade closes out without hitting a take profit?

thanks, RCWSO
You're right. You could end up with a trade that will never close (until you get a margin call). In this system, trades do not close unless they hit their TP order.

I was a bit nervous about this too when I first looked at this system. In spite of my reservations, I started trading it to get a feel for how it works. I have had very little experience with this system so far (only a few weeks), but it has made me some net positive pips.

Remember what Fly said before about how a losing trade must recover at least somewhat before it closes (hits the TP at a price below the entry price).

Imagine you went long, you bought at 20% hoping price would rise up to the 80% and hit your TP. Instead, price turns against you and starts falling. Perhaps it continues like this through the week. Then on the weekend you update your 80/20 projections. Since this was a down-trending week, you new, updated 80/20 levels will probably be lower than they were in the first week, the week when you opened the trade. You must also adjust your TP order to be at the price of the updated (lower) 80% level. So now the price has gone down from the entry price, but so has the TP order.

Now this might continue on like this for a few weeks. Price keeps going lower, and you adjust your TP lower and lower every week (according to the updated projections). I know it sounds crazy. You have your TP chasing the falling price in a negative trade. It's like a trailing stop that's locking in a growing loss as opposed to locking in a growing profit. Theoretically, if price continues to fall at this rate or at an increasing rate, the trade might never close. However, if price turns around and moves up, or if it starts consolidating and doesn't move very much one week, or even if it continues to fall, but it falls at a slower rate, then your TP will gain on the price. You will get closer to closing out the trade.

So it is true: This system requires the faith that price will not continue to fall forever, but it will eventually turn around or at least slow down. As Flyjetz has mentioned before, the key to this system is sound risk management. Don't risk too much per trade. Try to trade a balanced (low correlation) basket of currencies. This will increase your chances of having some winning trades while you have some open losers.

If the history is any indication, this is a profitable system, with more than 50% of the trades eventually turning into winners, and with the average win slightly greater than the average loss. Think of it this way. You might have a few losing trades that seem to be running away from you, but during this time, you will probably cash in on some winners. If you are compounding your account, then as your acount balance and trade size grows, the losing trade won't seem so bad. It might eventually be dwarfed by the larger winning trades coming in.

One more thing about a runaway loser. Maybe you are on the advantageous side of the interest rate differential...then you will be making some interest profits while the trade is open, sort of like you are doing a carry trade. Of course if you're on the wrong side, this will just add to the pain.
  • #334
  • Jun 23, 2008 7:05pm Jun 23, 2008 7:05pm
mathematician,

I agree that my calculation of the slope would have a different outcome to Flyjetz`s.

but apart from all that is the question: can we in a certain way calculate the position of next weeks candle with any degree of confidence?

is the 20-week slope method any better than:
last week up, next week up
last week up, next week down
last week candle, next week same candle
last week good news, next week up
last week good news already factored in, next week down
astrology
you name it

the only thing we`re sure of is that the candle will start very close to last weeks candle
that price will deviate from the opening price, but we`re not even sure that it will go both ways
anything else?

I do hope your 10 pairs will be sufficient. Flyjetz seems to emphasize the fact the more the merrier
  • #335
  • Jun 23, 2008 10:57pm Jun 23, 2008 10:57pm
mathematician,

Thanks for the detailed response. I totally agree and it makes sense that you may "chase" a loosing trade and you must have faith and consistency like any other method. I believe, after reading and watching several methods, that consistency and faith in your system makes up a large portion of trading. Obviously, good risk/money management makes a HUGE portion as well. I too am just starting with this system and it does look very promising. If you can have a very mechanical system that you don't have to watch minute by minute and be in the positive, then it is good for me. Also as Yonnie as stated, as we learn more and people adapt to their own style maybe a tweak here and there for some will be good. Everybody will have their own opinion and addition to any system.

Lets hope for a good week,
RCWSO
  • #336
  • Jun 24, 2008 3:37am Jun 24, 2008 3:37am
Quoting yonnie
mathematician,

I agree that my calculation of the slope would have a different outcome to Flyjetz`s.

but apart from all that is the question: can we in a certain way calculate the position of next weeks candle with any degree of confidence?

is the 20-week slope method any better than:
last week up, next week up
last week up, next week down
last week candle, next week same candle
last week good news, next week up
last week good news already factored in, next week down
astrology
you name it

the only thing we`re sure of is that the candle will start very close to last weeks candle
that price will deviate from the opening price, but we`re not even sure that it will go both ways
anything else?

I do hope your 10 pairs will be sufficient. Flyjetz seems to emphasize the fact the more the merrier
Can we calculate the position of next week's candle with any degree of confidence? Well I think so.

Of course there are many different ways to calculate a projection for the next week's candle. This system uses the average growth (positive or negative) based on the midpoints from the past 20 weeks. Then it simply assumes that the next week with grow (or shrink) by that average amount. For example, if the past 20 weeks show that the midpoints are climbing by 2%, on average, then we assume that the next week's midpoint will be 2% higher than the current week's midpoint.

It is simply a linear projection. It assumes that the slope, as calculated by the 20-week moving average, will continue.

Now to increase our confidence, this system is not trying to pinpoint the high and low of the next week. We only look to trade between the 80% and 20% levels. So we try to project next week's high/low range, but we allow for a lot of error in that we only place trades within the middle 60% of that range.

In the end, confidence comes from results. The live trading results are limited so far, but what we have looks very good.
  • #337
  • Jun 24, 2008 9:45am Jun 24, 2008 9:45am
Quoting mathematician
You're right. You could end up with a trade that will never close (until you get a margin call). In this system, trades do not close unless they hit their TP order.

I was a bit nervous about this too when I first looked at this system. In spite of my reservations, I started trading it to get a feel for how it works. I have had very little experience with this system so far (only a few weeks), but it has made me some net positive pips.

Remember what Fly said before about how a losing trade must recover at least somewhat before it closes (hits the TP at a price below the entry price).

Imagine you went long, you bought at 20% hoping price would rise up to the 80% and hit your TP. Instead, price turns against you and starts falling. Perhaps it continues like this through the week. Then on the weekend you update your 80/20 projections. Since this was a down-trending week, you new, updated 80/20 levels will probably be lower than they were in the first week, the week when you opened the trade. You must also adjust your TP order to be at the price of the updated (lower) 80% level. So now the price has gone down from the entry price, but so has the TP order.

Now this might continue on like this for a few weeks. Price keeps going lower, and you adjust your TP lower and lower every week (according to the updated projections). I know it sounds crazy. You have your TP chasing the falling price in a negative trade. It's like a trailing stop that's locking in a growing loss as opposed to locking in a growing profit. Theoretically, if price continues to fall at this rate or at an increasing rate, the trade might never close. However, if price turns around and moves up, or if it starts consolidating and doesn't move very much one week, or even if it continues to fall, but it falls at a slower rate, then your TP will gain on the price. You will get closer to closing out the trade.

So it is true: This system requires the faith that price will not continue to fall forever, but it will eventually turn around or at least slow down. As Flyjetz has mentioned before, the key to this system is sound risk management. Don't risk too much per trade. Try to trade a balanced (low correlation) basket of currencies. This will increase your chances of having some winning trades while you have some open losers.

If the history is any indication, this is a profitable system, with more than 50% of the trades eventually turning into winners, and with the average win slightly greater than the average loss. Think of it this way. You might have a few losing trades that seem to be running away from you, but during this time, you will probably cash in on some winners. If you are compounding your account, then as your acount balance and trade size grows, the losing trade won't seem so bad. It might eventually be dwarfed by the larger winning trades coming in.

One more thing about a runaway loser. Maybe you are on the advantageous side of the interest rate differential...then you will be making some interest profits while the trade is open, sort of like you are doing a carry trade. Of course if you're on the wrong side, this will just add to the pain.
I had a few minutes to peak in on this thread. Mathematician, thanks, I could not have said it better. This is really all I have to add...the only guarantee I make with this system is that you will have winners and you will have losers. Only time will tell if it is truly profitable. But I have shown with 10 pairs here and 27 pairs in my own account that this system has been immensely profitable over since I started trading it five months ago. I am a realist and I know five months is relatively young for any system. I am open to the notion that this whole thing could slide to a stop any day. But as long as it remains profitable for me, I will continue to take the free money.

Yonnie, yes, more pairs are better, IMO. It helps to lower the overall risk. It also gives me more "vehicles" to trade the system with. If I am a franchisee, do I want to own one store or 27 stores? Spread risk...increase profit.

RCWSO, a close second to risk management is "patience" with this system. Drawdowns can be big at times, but you have to have faith that the currency will move the other way in due time. If I recall, my longest trade lasted 49 days. That's 7 weeks of holding out for a TP. Was it a loser...absolutely. But MOST of the trades will not take that long to TP. Hopefully those losers are not the only ones you chose to trade. You can't dip a toe into this system and hope for the best. You must spread your risk over a lot of pairs that have low correlation. Mathematician seems to have found a good set of pairs to trade.
  • #338
  • Jun 24, 2008 10:00am Jun 24, 2008 10:00am
Quoting mathematician

I have chosen a basket of 10 currencies that I will trade:
EURUSD, GBPUSD, AUDUSD, USDCAD, EURJPY, EURCZK, EURNOK, EURHUF, USDSGD, USDZAR
Math,

Here's my personal pips banked on these pairs since I went live 4 Feb 08:

EURUSD 6 wins 1 loss +1254
GBPUSD 8 wins 3 losses +259
AUDUSD 7 wins 1 loss +671
USDCAD 4 wins 2 losses +161
EURJPY 3 wins 4 losses -346
EURCZK 6 wins 2 losses +9774
EURNOK 1 win 1 loss -139
EURHUF I do not trade this pair
USDSGD 4 wins 1 loss +203
USDZAR 4 wins 2 losses +5762

Overall 43 wins 17 losses +17599 I wish you similar success!!
  • #339
  • Jun 24, 2008 11:56am Jun 24, 2008 11:56am
Quoting Flyjetz
Math,

Here's my personal pips banked on these pairs since I went live 4 Feb 08:

EURUSD 6 wins 1 loss +1254
GBPUSD 8 wins 3 losses +259
AUDUSD 7 wins 1 loss +671
USDCAD 4 wins 2 losses +161
EURJPY 3 wins 4 losses -346
EURCZK 6 wins 2 losses +9774
EURNOK 1 win 1 loss -139
EURHUF I do not trade this pair
USDSGD 4 wins 1 loss +203
USDZAR 4 wins 2 losses +5762

Overall 43 wins 17 losses +17599 I wish you similar success!!
Thanks for the data.
I see that EUR/JPY is underperforming...that wily Yen!
EURHUF, did you say before that you're not trading this because of interest charges...or you just don't trade it.
  • #340
  • Jun 24, 2008 2:36pm Jun 24, 2008 2:36pm
RCWSO,

Here's a great example of a trade that was held longer than I wanted it to be. However, patience paid off. Initially, the trade was profitable, but quickly took a nasty turn. Most people panic and sell for a loss as they see the profit turning into a loss. I don't trade on emotion. By staying patient and allowing the currency the flexibility to move, it eventually came back and ended up finishing out profitably. Granted, most trades held this long are losers, but the key to take out of this is that the position closed after a nice run up. Every trade in this system will do that, whether it is a winning trade or a losing trade. It always runs up to its closeout point...

Closed Trade #56:
29-May-08 Long AUD/USD 0.9546 24-Jun-08 0.9565 +19

http://i276.photobucket.com/albums/k...USD24JUN08.jpg

Overall Results:
+3467 Cumulative Pip Total

41 Winning Trades (+155.61 pips/win)
20 Losing Trades (-145.15 pips/loss)
67.21% Win Rate
+56.84 Pips/Trade


By Pair:
GBP/JPY +298
GBP/USD +647
USD/JPY +4
USD/CHF +495
EUR/USD +1254
AUD/USD +515
NZD/USD +245
USD/CAD +161
EUR/GBP +300
EUR/JPY -371

I currently have open positions in: (new position in BOLD)

Trade No. Enter Date Direction Pair Price
#53) 27-May-08 Short USD/JPY 104.31
#61) 09-Jun-08 Short GBP/JPY 208.38
#62) 09-Jun-08 Long EUR/GBP 0.7909
#63) 10-Jun-08 Long EUR/USD 1.5517
#65) 10-Jun-08 Short USD/CHF 1.0419
#66) 16-Jun-08 Short EUR/JPY 167.75
#67) 17-Jun-08 Long USD/CAD 1.0180
#68) 19-Jun-o8 Short GBP/USD 1.9704
#69) 19-Jun-08 Short NZD/USD 0.7628
#70) 24-Jun-08 Short AUD/USD 0.9565
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