Trend Trading System

I've bought another 110000 AUDUSD @ 1.0140 with a stop @ .9967

I've also moved the stop on the existing AUDUSD to the same level.

I just sold anothjer 80000 EURJPY @ 107.78 with a stop @ 109.90

I've also moved the existing EURJPY stop to the same level.

I just sold another 75000 EURCAD @ 1.3161 with a stop @ 1.3419

I've also moved the stop on my existing EURCAD position to the same level (1.3419)

I just sold 110000 CADJPY @ 81.59 with a stop @ 83.01

I've moved the following stops:

GBPAUD to 1.5853
GBPCHF to 1.5093
GBPJPY to 1.3167
GBPUSD to 1.565

Correction the GBPJPY stop was moved to 131.67

(not 1.3167)

I've just sold another 85000 USDCHF @ .9432 with a stop @ .8655

I've moved the stop on the existing USDCHF to the same level

I've also sold 85000 CADCHF @ .9436 with a stop @ .9662


This final week of the year is certainly turning out to be quite busy for my trend following system....

I just sold another 80000 USDCHF @.9375 with a stop @ .9603

I've moved the stop on the existing USDCHF to the same level.

I've just closed the entire USDCHF position @ market (.9374) for a realized gain of + $1507.

This was done based on one of my risk metrics. The only reason I ever close a position at market is to keep the risk of the entire portfolio within a certain parameter.

I just sold another 80000 CADCHF @ .9364 with a stop @ .9595

I've also moved the stop on the existing position to the same level.

I've moved the following stops:

GBPAUD to 1.5839
GBPJPY to 131.44
XAGUSD to 28.67

I've been stopped out of the GBPUSD position for a realized loss of -$926

I've moved the following stops:

EURAUD to 1.3247
GBPAUD to 1.5643
GBPCHF to 1.4993
GBPJPY to 130.35
XAGUSD to 28.78

*** December Summary & Portfolio Snapshot ***

I continue to be very pleased with the performance of my systematic trend following portfolio.

The net asset value of the initial $100,000 account now stands at $124,929 and is up +24.92% since inception on November 1, 2010.

The total realized losses are $20,780. The total unrealized gains are $45,709.

The current positions and associated unrealized profit/loss are as follows (please note that the prices are moving as I type but should be within +/- $250:

Long 4300 XAGUSD +$22,868
Short 125,000 GBPCHF +9,616
Short 125,000 GBPAUD +7,036
Short 200,000 EURAUD +5,486
Long 190,000 AUDUSD +2,912
Short 65,000 GBPJPY +2,089
Short 165,000 CADCHF +155
Short 110,000 CADJPY +38
Short 165,000 EURJPY -1,586
Short 155,000 EURCAD -2,369

I've moved the following stops:

CADCHF to .9581
CADJPY to 82.56
EURCAD to 1.3380
GBPCHF to 1.4898
GBPJPY to 129.74
XAGUSD to 28.81

I've been stopped out of the following positions:

CADJPY -$1305
EURJPY -$3674
EURAUD +$2469

I've moved the following stops:

AUDUSD to .9982
GBPJPY to 128.79

I've closed the GBPAUD at market for a realized profit of +$3763

I just sold 65000 AUDJPY @ 82.21 with a stop @ 84.73

I've been stopped out of the following positions:

CADCHF -$3094
AUDUSD -$1888
GBPCHF +$5318
GBPJPY +$416