FAP Turbo End Of Week Results – 16th Oct 09
October 16, 2009
10 FAP Turbo trades for a loss of 70.2 pips ( -£316.75 ).
| 2009.10.14 22:58 | buy | 0.69 | usdcad | 1.02551 | 1.00940 | 1.03000 | 2009.10.15 04:03 | 1.02067 | 0.00 | 0.00 | -0.13 | -48 | -204.03 |
Although this week seems bad, the USDCAD trade above had its stop loss set to 48, 10 short of the default and it got in just before the recommended time of 21:00 GMT. Both errors on my behalf. Since this £200+ draw down I have increased my stop loss back to 58 and start time to 21:00 GMT. This trade was set correctly on another account of mine and profited. See below:
| 2009.10.14 23:00 | buy | 0.80 | usdcad | 1.02392 | 1.00840 | 1.02810 | 2009.10.14 23:54 | 1.02462 | 0.00 | 0.00 | 0.00 | 34.16 |
EURUSD will be topping out over the next 2 weeks. We should see some considerably draw backs after that. Whether this has something to do with the volatile days this week is anyone’s guess.
Look forward to making all this back next week.
Have a good weekend.
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