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Monday, March 3, 2008

Feb 25 to 29 : Made 30 pips profits

WON: 30 pips

4th week in a row with zero losses. Amazing!
Also using the same trading system as the previous 3 weeks.

However the week ended with an unclosed Short Position which was left open throughout the weekend - because the price kept going up and the market came to a close on Saturday. I will lose some money on the carry trade interest since it is a short on the CHF-JPY. (CHF yields higher interest than JPY) However, I wasn't worried about it - the carry trade loss is minimal.

When market reopened today (Monday), the price dropped in the afternoon and hit my TP line and gave me a 1 pip profit after 2 days.

Last week saw a drop in the pips won compared to the previous week, because I was busy with another software Project (writing a Trojan binder & also successfully created a new trojan that can disable Eset Nod32 Antivirus) and had spent less time on trading.

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