xr86yp295m Forex Leader: 07/25/09

Back from vacation !!!

July 25, 2009

Back from vacation, phew! What a week !

Just started answering emails etc. I’ve still got a lot to do, but wanted to at least post to my blog.

Last week-end, when we decided to travel, my husband made me promise I wouldn’t bring my lap-top along. This took A LOT of negotiations. I’ll tell you, but I finally gave in. If you’ve read up to here, you know I’m a trading addict so a whole week away was like not even a possibility. But I do have a live outside trading, and I keep telling you guys you need to be patient, there will be another trade opportunity tomorrow (etc etc) so I took a bit of my own medicine and left WITHOUT (I still can’t believe I did it) my lap-top. And I made it !

When markets opened last Sunday, I was going for a trending week and took 2 trades (the gbpusd and gbpchf shorts) not knowing I was going to leave. So I put those 2 on trailing stops (25 each) and turned the bots off when we left. They went into profit. Now after analyzing (eyeballing I should say) what happened during the week, my call for trending wasn’t the best call of my life. It seems Tuesday and especially Wednesday were up-down-up-down causing re-crosses (those I totally dislike) where the trending would have had losses. But Thursday seemed good trending, even extremely good, probably recuperating the losses or coming close. Then Friday is unclear with the trending platform closing at –18 and the ranging one at –40.

I’m so glad I’m back (although I did enjoy the vacation, very nice lake, etc.). I’ll get some laundry done and stuff like that and hope to write up on how to manage trades a bit later, as I’ve mentioned before leaving. I have also been redoing massive retesting in the last few weeks (because I like to test, re-test and then re-test) and the results are outstanding. We’ll be entering in an excellent period somewhere in August (end of) or beginning of Sept, so stay tuned. Why am I saying this? Well because I do my tests on “periods” of the year, and the period for which I did the most testing is Aug to Jan. I’ll continue testing and optimizing for the period Jan to July (with the new data now collected for 2009 - excellent results as well so far) and let you all know about the results.

Phew, ok, I’m off. I’m so happy, I’ll be seeing you (manner of speaking) at market open TOMORROW !!!! Yayyyyyyyyy!