Thursday, August 12, 2010

Thursday's Results: 6 point gain for Sp, 30.5 points for Dax & +50 pips for Forex

Good evening,

Today we made 30.5 points for the Dax which means a profit of 762,50€.  As you know, the Dax trade is at 2 am EST in the Trading Room and it is therefore conveniente for traders living in Europe and Asia as well as those in the US with insomnia... As we commented this past weekend, we are making great profits recently with this technique.  

For the Sp, we made 5 trades for a profit of 6 points or $300 per contract.  For August, we have executed 31 operations, 30 positive and 1 negative, for a total profit of 40.75 points in 10 sessions ($2037.50 per contract). We are pleased with these numbers, as we hope you are as well, and we expect they will improve as market volatility and volume grow.

For FX, we made only one trade via email today, which just closed for a 50 pip gain after having been only 20 pips from the 100 pip target. We are trying to execute more trades from the trading room now.  As you know, they are rapid scalping operations and we haven’t always had time to place the trades.  We are going to continue to improve this aspect over the next few weeks.  

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