apparently you have grown weary of updating.... the Factory must not be very fertile ground for your management services.
Ignored
You're entirely correct TradeStar, this forum has not proven fertile ground for client acquisition. I do try to dedicate my time to efforts where the money I earn will be commensurate with the time I spend. And, just as in trading, keep your winners and dump your losers.
Over the last 2 month's I've received a few e-mails and even a couple of telephone calls regarding the system that I trade. I've thus decided to re-ignite this thread and start posting trades again. I'll be using two systems this time: System / Portfolio 1 will be the exact same system that I had used when making the first round of posts starting about a year ago. System 2 will be a longer term version of System / Portfolio 2 and will take less trades. Due to the excessive volatility in the FX markets as of late as well as the time of year that I'm now initiating these systems, I'll be taking on less total risk. I'll also be trading only the following pairs for both systems:
Each portfolio will start with an initial notional account value of $50,000. That is how I will tracking performance and gauging how much risk to take on. If you're interested in reading more about my basic philosophy and methodology, please read the first post on this thread. For those of you unfamiliar with my trading method; it is slow and it is boring, it is not traded every day, it is not scalping, day trading, or even intra-day trading. It is longer term trend trading meant to capture the large market trends.
If you've got any questions please feel free to post to this thread or contact me by telephone or e-mail directly, my contact info is listed on my website which you can find by going to the link below in my signature line. I will be updating the website content within the next week or two.
On a side note the EURHUF pair looks like a very interesting short. It seems to have created a nice looking double top, and has broken downside support. I'm not taking the trade in either my systematic portfolios or discretionary portfolios because it it not long enough of a pattern for me to trade. But.....this one looks very very interesting
