dailymarketadvice: Weekly review 8/29/2010: +10 points in the Dax (250€ per contract), +33 Sp ($1,650 per contract), +127 pips Forex

Greetings everyone,

As we do every week, we are going to review our trades over the last week and we will start our review this week with futures and stocks.

FUTURES & STOCKS

We again had a very good week for both the Dax future technique and the Sp. For the Dax this week, we only made one trade for a gain of 10 points or 250€ per contract. As you can see, for August to date, we have only made 6 Dax trades, which is much less frequent than last year when we had 15 signals. But, this summer, the market is nothing like last year.

In any case, once the summer has ended, the market will surely recover. In any case, eventhough we operated the Dax infrequently in August, our gain of 75.5 points or 1,887.50€ per contract more than pays for our services.

Below are the statistics of the technique from March, 2009, until July, 2010, when the technique would have registered a gain of close to 3500 points which, given that every Dax point is worth 25 euros, represents a gain of 87,500€ ($118,100) in one year and three months.

MiniSP

With regards to the MiniSP, our results for this past month have been spectacular. We executed 81 positive operations against only 4 negative ones for a total profit of 142.75 points ($7,137.50 per Sp contract).

Week	Positive	Negative	SP Points
26-30 Julio	10	1	19
2-6 Agosto	18	1	27.5
9-13 Agosto	13	0	15.75
16-20 Agosto	26	1	47.5
23-27 Agosto	14	1	33
TOTAL	81	4	142.75

If you take under consideration that we have made these gains in August, when volumes are low, we consider these to be very good results. And while we have market volatility, we expect these results to continue.

Look at the results for the week below and you’ll see that our results were great despite the fact that we operated well through Wednesday and we only made one trade between Thursday and Friday.

Therefore, we just closed ANOTHER really good week for futures: we made 250€ for the Dax with one trade and, for the Sp, we gained 33 points this week. The Sp gain for the last 5 weeks is 142.75 points or $7,137.5 per contract.

FOREX

These were our operations for this past week: