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  • #21
  • Sep 30, 2015 4:46pm Sep 30, 2015 4:46pm
Update as of 7:42 PM est, Wednesday, Sept 30, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050

Today's closed trades:
NONE

Balance = $117.26 USD
Unrealized P/L = -$6.78
Net Asset Value = $110.47
%DD = -5.78%
Margin Used = $12.13 (50:1 leverage)
Margin Available = $98.34
%Margin Available = 89.0%
  • #22
  • Edited 5:50pm Oct 1, 2015 5:07pm | Edited 5:50pm
Update as of 8:02 PM est, Thursday, Oct 1, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050
EURCAD (buy; opened 9-30-15) 179 units @ 1.4850; TP = 1.4950

Today's closed trades:
NONE

Balance = $117.24 USD
Unrealized P/L = -$9.83
Net Asset Value = $107.43
%DD = -8.38%
Margin Used = $16.16 (50:1 leverage)
Margin Available = $91.26
%Margin Available = 85.0%
  • #23
  • Edited 5:38pm Oct 2, 2015 5:21pm | Edited 5:38pm
Update as of 5:02 PM est, Friday, Oct 2, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050
EURCAD (buy; opened 10-2-15) 179 units @ 1.4850; TP = 1.4950

Today's closed trades:
EURCAD (buy; opened 9-30-15) 179 units @ 1.4850; TP = 1.4950

Balance = $118.53 USD
Unrealized P/L = -$13.87
Net Asset Value = $104.67
%DD = -11.70%
Margin Used = $20.19 (50:1 leverage)
Margin Available = $84.48
%Margin Available = 80.7%

Attached Image (click to enlarge)
Click to Enlarge Name: 2015-10-02 20_25_44-AmiBroker.png Size: 45 KB


Next week:
EURCAD dropped below its 10-week Average Price EMA; buying is halted.
EURAUD is approximately 280 pips above its weekly 10-EMA...waiting for EURAUD to drop below its 10-EMA before opening sell positions. If/when that occurs, the sell positions (up to N=5) will be left open indefinitely until the $$ gain from the EURAUD sells balances the $$ loss from the EURCAD positions (see post #15)
  • #24
  • Edited Oct 6, 2015 2:43am Oct 5, 2015 4:46pm | Edited Oct 6, 2015 2:43am
Update as of 7:42 PM est, Monday, Oct 5, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050
EURCAD (buy; opened 10-2-15) 179 units @ 1.4850; TP = 1.4950
EURCAD (buy; opened 10-5-15) 178 units @ 1.4750; TP = 1.4850
EURCAD (buy; opened 10-5-15) 177 units @ 1.4645; TP = 1.4745

Today's closed trades:
NONE

Balance = $118.46 USD
Unrealized P/L = -$21.05
Net Asset Value = $97.41
%DD = -17.8%
Margin Used = $24.11 (50:1 leverage)
Margin Available = $73.19
%Margin Available = 75.1%
  • #25
  • Oct 6, 2015 4:46pm Oct 6, 2015 4:46pm
Update as of 7:40 PM est, Tuesday, Oct 6, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050
EURCAD (buy; opened 10-2-15) 179 units @ 1.4850; TP = 1.4950
EURCAD (buy; opened 10-5-15) 178 units @ 1.4750; TP = 1.4850
EURCAD (buy; opened 10-5-15) 177 units @ 1.4645; TP = 1.4745

Today's closed trades:
EURCAD (buy; opened 10-5-15) 177 units @ 1.4645; TP @ 1.4723
EURAUD (sell; opened early this morning 10-6-15) 150 units @ 1.5680; trade closed @v 1.5779

The profit made on the EURCAD trade ($1.10) balanced the loss on the EURAUD trade (-$1.08).

Balance = $118.46 USD
Unrealized P/L = -$18.01
Net Asset Value = $100.45
%DD = -15.2%
Margin Used = $20.28 (50:1 leverage)
Margin Available = $80.17
%Margin Available = 79.8%
  • #26
  • Edited 5:42pm Oct 7, 2015 5:07pm | Edited 5:42pm
Update as of 7:55 PM est, Wednesday, Oct 7, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050
EURCAD (buy; opened 10-2-15) 179 units @ 1.4850; TP = 1.4950
EURCAD (buy; opened 10-5-15) 178 units @ 1.4750; TP = 1.4850
EURCAD (buy; opened 10-5-15) 177 units @ 1.4645; TP = 1.4745

Today's closed trades:
EURAUD (sell; opened 10-7-15) 150 units @ 1.568; TP = 1.5595

Pending orders:
EURAUD SELL 160 UNITS @ 1.5525
EURAUD SELL 161 UNITS @ 1.5425
EURAUD SELL 162 UNITS @ 1.5325
EURAUD SELL 163 UNITS @ 1.5225

Balance = $119.36 USD
Unrealized P/L = -$17.78
Net Asset Value = $101.58
%DD = -14.9%
Margin Used = $24.22 (50:1 leverage)
Margin Available = $77.36
%Margin Available = 76.2%
  • #27
  • Oct 9, 2015 2:36am Oct 9, 2015 2:36am
Update as of 11:55 PM est, Thursday, Oct 8, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050
EURCAD (buy; opened 10-2-15) 179 units @ 1.4850; TP = 1.4950
EURCAD (buy; opened 10-5-15) 178 units @ 1.4750; TP = 1.4850
EURCAD (buy; opened 10-5-15) 177 units @ 1.4645; TP = 1.4745

Today's closed trades:
NONE

Pending orders:
EURAUD SELL 160 UNITS @ 1.5525
EURAUD SELL 161 UNITS @ 1.5425
EURAUD SELL 162 UNITS @ 1.5325
EURAUD SELL 163 UNITS @ 1.5225

Balance = $119.34 USD
Unrealized P/L = -$19.95
Net Asset Value = $99.39
%DD = -16.7%
Margin Used = $24.22 (50:1 leverage)
Margin Available = $75.17
%Margin Available = 75.6%
  • #28
  • Oct 9, 2015 4:08pm Oct 9, 2015 4:08pm
Update as of 7:05 PM est, Friday, Oct 9, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050
EURCAD (buy; opened 10-2-15) 179 units @ 1.4850; TP = 1.4950
EURCAD (buy; opened 10-5-15) 178 units @ 1.4750; TP = 1.4850
EURCAD (buy; opened 10-5-15) 177 units @ 1.4645; TP = 1.4745

Today's closed trades:
NONE

Pending orders:
EURAUD SELL 160 UNITS @ 1.5525
EURAUD SELL 161 UNITS @ 1.5425
EURAUD SELL 162 UNITS @ 1.5325
EURAUD SELL 163 UNITS @ 1.5225

Balance = $119.39 USD
Unrealized P/L = -$16.52
Net Asset Value = $102.86
%DD = -13.8%
Margin Used = $24.46 (50:1 leverage)
Margin Available = $78.40
%Margin Available = 76.2%
  • #29
  • Edited Oct 13, 2015 4:51pm Oct 12, 2015 5:50pm | Edited Oct 13, 2015 4:51pm
Update as of 8:35 PM est, Monday Oct 12, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050
EURCAD (buy; opened 10-2-15) 179 units @ 1.4850; TP = 1.4950

Today's closed trades:
EURCAD (buy; opened 10-5-15) 177 units @ 1.4645; TP = 1.4742
EURCAD (buy; opened 10-5-15) 178 units @ 1.4750; TP = 1.4775 (closed trade early in order to reduce EURCAD exposure)
EURAUD (sell; opened 10-12-15) 160 units @ 1.5525; TP = 1.5515 (mistakenly closed trade)

Pending orders:
EURAUD SELL 161 UNITS @ 1.5425
EURAUD SELL 162 UNITS @ 1.5325
EURAUD SELL 163 UNITS @ 1.5225

Balance = $120.62 USD
Unrealized P/L = -$12.15
Net Asset Value = $108.47
%DD = -9.0%
Margin Used = $16.39 (50:1 leverage)
Margin Available = $92.07
%Margin Available = 85%
  • #30
  • Oct 13, 2015 4:50pm Oct 13, 2015 4:50pm
Update as of 7:35 PM est, Tuesday Oct 13, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050
EURAUD (sell; opened 10-13-15) 160 UNITS @ 1.5568

Today's closed trades:
EURCAD (buy; opened 10-2-15) 179 units @ 1.4850; closed @ 1.4855 (closed early in order to reduce EURCAD exposure)

Pending orders:
EURAUD SELL 161 UNITS @ 1.5425
EURAUD SELL 162 UNITS @ 1.5325
EURAUD SELL 163 UNITS @ 1.5225

Balance = $120.68 USD
Unrealized P/L = -$11.83
Net Asset Value = $108.83
%DD = -9.8%
Margin Used = $17.83 (50:1 leverage)
Margin Available = $91.02
%Margin Available = 83.6%
  • #31
  • Oct 14, 2015 5:37pm Oct 14, 2015 5:37pm
Update as of 8:05 PM est, Wednesday Oct 14, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050
EURAUD (sell; opened 10-13-15) 160 UNITS @ 1.5568
EURAUD (sell; opened 10-14-15) 159 UNITS @ 1.5715

Today's closed trades:
EURCAD (buy; opened 10-14-15) 179 units @ 1.4821; closed @ 1.4870 (tried to capture short-term profit. Closed early in order to reduce EURCAD exposure)

Pending orders:
EURAUD SELL 161 UNITS @ 1.5425
EURAUD SELL 162 UNITS @ 1.5325
EURAUD SELL 163 UNITS @ 1.5225

Balance = $121.43 USD
Unrealized P/L = -$10.25
Net Asset Value = $111.18
%DD = -8.4%
Margin Used = $23.45 (50:1 leverage)
Margin Available = $87.73
%Margin Available = 80%
  • #32
  • Oct 15, 2015 6:24pm Oct 15, 2015 6:24pm
Update as of 9:05 PM est, Thursday Oct 15, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050
EURCAD (buy; opened 10-15-15) 179 units @ 1.4718;
EURCAD (buy; opened 10-15-15) 178 units @ 1.4622;

Today's closed trades:
EURAUD (sell; opened 10-13-15) 160 UNITS @ 1.5568; closed @ 1.5502
EURAUD (sell; opened 10-14-15) 159 UNITS @ 1.5715; closed @ 1.5632

Pending orders:
EURAUD SELL 161 UNITS @ 1.5425
EURAUD SELL 162 UNITS @ 1.5325
EURAUD SELL 163 UNITS @ 1.5225

Balance = $123.06 USD
Unrealized P/L = -$18.79
Net Asset Value = $104.26
%DD = -15.2%
Margin Used = $20.45 (50:1 leverage)
Margin Available = $83.85
%Margin Available = 80.4%
  • #33
  • Oct 16, 2015 3:42pm Oct 16, 2015 3:42pm
Update as of 4:05 PM est, Friday Oct 16, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050
EURCAD (buy; opened 10-15-15) 179 units @ 1.4718;
EURCAD (buy; opened 10-15-15) 178 units @ 1.4622;

Today's closed trades:
none

Balance = $123.06 USD
Unrealized P/L = -$17.30
Net Asset Value = $105.76
%DD = -14.1%
Margin Used = $20.50 (50:1 leverage)
Margin Available = $85.26
%Margin Available = 80.6%
  • #34
  • Oct 19, 2015 4:38pm Oct 19, 2015 4:38pm
Update as of 7:05 PM est, Monday Oct 19, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050


Today's closed trades:
EURCAD (buy; opened 10-15-15) 179 units @ 1.4718;closed @ 1.4721
EURCAD (buy; opened 10-15-15) 178 units @ 1.4622; closed @ 1.4743
EURAUD (sell; opened 10-18-15) 160 units @ 1.5570; closed @ 1.5634


Balance = $123.15 USD
Unrealized P/L = -$12.30
Net Asset Value = $110.85
%DD = -10.0%
Margin Used = $12.30 (50:1 leverage)
Margin Available = $98.54
%Margin Available = 89%
  • #35
  • Oct 20, 2015 5:01pm Oct 20, 2015 5:01pm
Update as of 8:00 PM est, Tuesday Oct 20, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050
EURCAD (buy; opened 10-20-15) 179 units @ 1.4785;
EURCAD (buy; opened 10-20-15) 178 units @ 1.4690;

Today's closed trades:
none

Balance = $123.15 USD
Unrealized P/L = -$12.60
Net Asset Value = $110.54
%DD = -10.2%
Margin Used = $20.44 (50:1 leverage)
Margin Available = $90.10
%Margin Available = 81.5%
  • #36
  • Oct 21, 2015 4:24pm Oct 21, 2015 4:24pm
Update as of 7:20 PM est, Wednesday Oct 21, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050


Today's closed trades:
EURCAD (buy; opened 10-20-15) 179 units @ 1.4785; TP @ 1.4885
EURCAD (buy; opened 10-20-15) 178 units @ 1.4690; TP @ 1.4714

Balance = $125.07 USD
Unrealized P/L = -$6.17
Net Asset Value = $118.90
%DD = -4.9%
Margin Used = $12.32 (50:1 leverage)
Margin Available = $106.58
%Margin Available = 89.6%
  • #37
  • Edited Oct 23, 2015 4:53pm Oct 22, 2015 6:55pm | Edited Oct 23, 2015 4:53pm
Update as of 9:20 PM est, Thursday Oct 22, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050
EURCAD (buy; opened 10-22-15) 179 units @ 1.4850; TP = 1.4950
EURAUD (sell; opened 10-22-15),160 units @ 1.5652
EURAUD (sell; opened 10-22-15),161 units @ 1.5550
EURAUD (sell; opened 10-22-15),162 units @ 1.5455

No TP for the EURAUD positions; these positions will be closed at BE only if/when the market reverses and the EURCAD starts moving higher. Currently, the EURCAD positions are net -$26.23 USD and the EURAUD positions are net +$8.91.

Today's closed trades:
none

Balance = $125.05 USD
Unrealized P/L = -$17.32
Net Asset Value = $107.73
%DD = -13.9%
Margin Used = $27.71 (50:1 leverage)
Margin Available = $80.02
%Margin Available = 74.3%
  • #38
  • Edited 5:04pm Oct 23, 2015 4:53pm | Edited 5:04pm
Update as of 5:20 PM est, Friday Oct 23, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050
EURCAD (buy; opened 10-22-15) 179 units @ 1.4850; TP = 1.4950
EURAUD (sell; opened 10-22-15),160 units @ 1.5652
EURAUD (sell; opened 10-22-15),161 units @ 1.5550
EURAUD (sell; opened 10-22-15),162 units @ 1.5455
EURAUD (sell; opened 10-22-15),163 units @ 1.5355

No TP for the EURAUD positions; these positions will be closed at BE only if/when the market reverses and the EURCAD starts moving higher. Currently, the EURCAD positions are net -$27.77 USD and the EURAUD positions are net +$13.63.

NOTE: should of had a EURAUD sell position opened at 1.5250, but my pending position had expired...

Today's closed trades:
EURCAD (buy; opened 10-23-15) 178 units @ 1.4454; TP = 1.4555

Balance = $126.33 USD
Unrealized P/L = -$14.13
Net Asset Value = $112.20
%DD = -11.2%
Margin Used = $31.47 (50:1 leverage)
Margin Available = $80.73
%Margin Available = 72%
  • #39
  • Oct 26, 2015 4:56pm Oct 26, 2015 4:56pm
Update as of 7:50 PM est, Monday Oct 26, 2015:

Current open trade(s):
EURCAD (buy; opened 9-29-15) 182 units @ 1.5145; TP = 1.5245
EURCAD (buy; opened 9-30-15) 181 units @ 1.5045; TP = 1.5145
EURCAD (buy; opened 9-30-15) 180 units @ 1.4950; TP = 1.5050
EURCAD (buy; opened 10-22-15) 179 units @ 1.4850; TP = 1.4950
EURAUD (sell; opened 10-22-15),160 units @ 1.5652
EURAUD (sell; opened 10-22-15),161 units @ 1.5550
EURAUD (sell; opened 10-22-15),162 units @ 1.5455
EURAUD (sell; opened 10-22-15),163 units @ 1.5355
EURAUD (sell; opened 10-25-15),164 units @ 1.5255

No TP for the EURAUD positions; these positions will be closed at BE only if/when the market reverses and the EURCAD starts moving higher, or if the market continues to plummet resulting in the opening of additional EURAUD sells, and the NET position = $0 USD. Currently, the EURCAD positions are net -$24.77 USD and the EURAUD positions are net +$14.72.

Today's closed trades:
none

Balance = $126.34 USD
Unrealized P/L = -$10.05
Net Asset Value = $116.29
%DD = -8.0%
Margin Used = $35.77 (50:1 leverage)
Margin Available = $80.52
%Margin Available = 69.2%
  • #40
  • Edited Oct 27, 2015 2:55am Oct 26, 2015 6:00pm | Edited Oct 27, 2015 2:55am
uploaded an Excel spreadsheet showing the calculated price relationships between the 28 major and minor pairs....a snapshot of the spreadsheet is shown below...basically, the spreadsheet shows how the rate of any given currency pair can be calculated from different pair sets. This shows the mathematical dependency between all pairs. The exchange rate data is from today. I posted this because when reading through the forums, it seems that some traders are under the impression that exchange rates are completely independent of one another...not true...

Attached Image (click to enlarge)
Click to Enlarge Name: 2015-10-26 20_53_31-.png Size: 91 KB


Please note that in several calculations, you need to take the reciprocal of the rate data. For example, to calculate the following rate data for:

EURJPY x CHFJPY = EURCHF

You need to take the reciprocal of CHFJPY:

EURJPY = 133.53
CHFJPY = 122.95 = 1/122.95 = 0.0081
133.53 x 0.0081 = 1.0861 = EURCHF

At the time of the above calculation, the bid on EURCHF = 1.0860
Attached File(s)
File Type: xlsx Price Relationship between all pairs.xlsx   22 KB | 526 downloads
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