I trade Cable (GBP/USD) exclusively. Cable is arguably one of the more difficult markets to trade, but after few years of R&D I would like to think that I understand its behaviour, so I trade it.
I call my strategy Cable Ambush, as I look for market inefficiency and typically take a contrarian view. I use economic news and Pivots. I place my orders in the evening after the London market close and I wait for them to be executed overnight and/or the next trading day. Typically I take 1-5 trades per week.
I will be posting my performance updates weekly, typically on Saturday, as during the week I don't have the time.
Cheers, Kris
2011 Statistics:
* Opening balance: $12,588.58
* Profit/(Loss): $7,603.90
* Equity growth: 60.4%
* Closing balance: $20,192.48
I call my strategy Cable Ambush, as I look for market inefficiency and typically take a contrarian view. I use economic news and Pivots. I place my orders in the evening after the London market close and I wait for them to be executed overnight and/or the next trading day. Typically I take 1-5 trades per week.
I will be posting my performance updates weekly, typically on Saturday, as during the week I don't have the time.
Cheers, Kris
2011 Statistics:
* Opening balance: $12,588.58
* Profit/(Loss): $7,603.90
* Equity growth: 60.4%
* Closing balance: $20,192.48
Ordo ab Chao!