Ghareb’s Forex & Equities Trading Journal

2 from our 7 positions have triggered SLs this Friday and they are EURAUD and USDSGD

the following are the closed Trades in this week

11 trades closed and 5 still active and turned to the next week with green unP/L, 9 profit trades and 2 losses

we are up this week by +17.05% and up by +72% since start from 12 December 08

the change and Balance curves in the following pics

the active trades are five in the following

late update for the forex trades::

no new orders in the pending list except the reverse USDCAD Long if the short stopped out
and the AUDCHF Shorts stopped out with little profit after the trailing stop we did as we said in the last post

the closed trades are:

Closed..Trade #07: Short AUDCHF @ 0.7420, Closed @ 0.7300 (+120 pips) stepped out in [29/12/08]
Closed..Trade #12: Short AUDCHF @ 0.7310, CLosed @ 0.7300 (+10 pips) Stepped out in [29/12/08]

now only there are 7 active trades and they are in new order:

Trade #01: [22/12/08] Short USDCAD @ 1.2010, SL @ 1.2400
Trade #02: [23/12/08] Short USDSGD @ 1.4400, SL @ 1.4480 “SL moved from 1.4600″
Trade #03: [23/12/08] Short GBPCHF @ 1.6060, SL @ 1.6710
Trade #04: [29/12/08] Long EURAUD @ 2.0610, SL @ 2.0100
Trade #05: [29/12/08] Long EURUSD @ 1.4135, SL @ 1.3815
Trade #06: [29/12/08] Long NZDUSD @ 0.5830, SL @ 0.5700
Trade #07: [29/12/08] Long AUDUSD @ 0.6935, SL @ 0.6750

today I closed the following positions and dont trail the SL as usual to just take good profits in the start of the week

the closed positions are:

Trade #02: Short EURCHF @ 1.5320, Closed @ 1.4926  (+394 PIPS)
Trade #03: Short EURCHF @ 1.5280, Closed @ 1.4926  (+354 PIPS)
Trade #04: Long CHFJPY   @ 82.85 , Closed @ 86.23    (+338 PIPS)
Trade #05: Long EURCAD @ 1.7140, Closed @ 1.7388  (+248 PIPS)
Trade #06: Short USDCHF @ 1.0870, Closed @ 1.0451  (+419 PIPS)
Trade #10: Short EURCHF @ 1.5150, Closed @ 1.4926  (+224 PIPS)
Trade #11: Long EURJPY  @ 126.80  Closed @ 128.73  (+193 PIPS)

now 9 Active positions currently and we trailed the SL only for AUDCHF Shorts (2 positions) as the following

 -(23/12/08) Short AUDCHF @ 0.7420, Trailed SL @ 0.7300
 -(29/12/08) Short AUDCHF @ 0.7310, Trailed SL @ 0.7300

the week begins and finally we can control the account after those holidays
today I returned to the office and found that 5 orders from the old pending orders list activated and in profit

the new orders are:

Trade #12: Addition to AUDCHF Short @ 0.7310, SL 0.7620 (310)
Trade #13: Long EURAUD @ 2.0610, SL 2.0100 (510)
Trade #14: Long EURUSD @ 1.4135, SL 1.3815 (320)
Trade #15: Long NZDUSD @ 0.5830, SL 0.5700 (130)
Trade #16: Long AUDUSD @ 0.6935, SL 0.6750 (185)

until now the account is up by approximate 20% unrealized

let’s stop adding positions for now cuz the risk is about the 10% now and see what this beautiful week deliver

Trade #01: Short USDCAD  @ 1.2010, SL 1.2400, Last 1.2174
Trade #02: Short EURCHF  @ 1.5320, SL 1.5530, Last 1.5165
Trade #03: Short EURCHF  @ 1.5280, SL 1.5530, Last 1.5165
Trade #04: Long  CHFJPY   @ 82.85 , SL 80.00,  Last 83.50
Trade #05: Long  EURCAD @ 1.7140, SL 1.6730, Last 1.6980
Trade #06: Short USDCHF @ 1.0870, SL 1.1140, Last 1.0875
Trade #07: Short AUDCHF @ 0.7420, SL 0.7620, Last 0.7380
Trade #08: Short USDSGD @ 1.4400, SL 1.4600, Last 1.4485
Trade #09: Short GBPCHF @ 1.6060, SL 1.6710, Last 1.6030
Trade #10: Short EURCHF @ 1.5150, SL 1.5525, Last 1.5165
Trade #11: Long  EURJPY @  126.80, SL 123.50, Last 126.70