Daily-based profitable trading calls

[qwertyfx]

weekend update (27/2/2005)

Hi,

had the following trades open and were closed on friday :

1. Short gbp/jpy 201.42 closed 200.92 (+50)
2. Short eur/jpy 139.17, closed 138.99 (+18)
3. Short gbp/usd 1.9101, closed 1.9099 (+2)
4. Short aud/cad 0.9761, closed 0.9741 (+20)
5. Short chf/jpy 90.15, closed 89.95 (+20)
Total : +110pips (+$535)

I know they made much better than what I got, but as expected, then we had a bounce back and higher prices.

NEW TRADES OPEN:

1. Shorted gbp/jpy 201.82, stop 203, target 200.82
2. Shorted gbp/us 1.9173, stop 1.9345, target 1.9

** keep in sight to short eur/jpy and chf/jpy soon ...


Best trading to all,

Qwerty

PS : full update shortly

 

[qwertyfx]

update, 27/2/2005

Here is my trading update:

==============
1. Spot Forex
==============

Account initial balance : USD5,000
Account current equity (closed trades 25/2): USD 17,100 +242%

CLOSED TRADES
1. Short gbp/jpy 201.42 closed 200.92 (+50)
2. Short eur/jpy 139.17, closed 138.99 (+18)
3. Short gbp/usd 1.9101, closed 1.9099 (+2)
4. Short aud/cad 0.9761, closed 0.9741 (+20)
5. Short chf/jpy 90.15, closed 89.95 (+20)
Total : +110pips (+$535)

NEW TRADES OPEN:
1. Shorted gbp/jpy 201.82, stop 203, target 200.82
2. Shorted gbp/usd 1.9173, stop 1.9345, target 1.9

MONITORING OPEN TRADE (daily basis):
Sold aud/usd 0.7870 , stop 0.8070, target 0.75

===============
2. BetonMarkets.com
===============

Account initial balance : USD2,000
Account current equity (closed bets 27/01): USD 3,306.8 +65,3%

****flat now*****

========================
3. CFD's & Index Futures
========================

Account initial balance : USD13,000
Account current equity : USD 20,916 +61%(CFD's only) (as of trades closed, last date 23/02/2005)

===CFD's======

**** flat now ****

===Index Futures=====

**** flat now ****

Index Futures' cumulated points (since 17/12/2004) : +477p (this result does not count for the overall portfolio performance)


**************************************************




*******GLOBAL DATA & PORTFOILIO PERFORMANCE ********
**************************************************

Initial capital : USD 20,000 (start of december, 2004)
Current equity : USD 38,548.7 +92.75% (25/2/2004) (Index Futures not included)

**************************************************



Best trading to all,

Qwerty

 

[fastnet]

Hi Qwerty -

I wonder if you would allow us to view the results of trades made between the 1st and 17th of Dec 04.

You made a staggering increase of 61% on equity during this period. Since then you gave still been net positive (a major feat in itself as many members of these boards will testify). However between 17th Dec and 25th Feb (70 days as opposed to 17 albeit including Christmas and New Year when markets can be expected to be quieter) your gain on capital outstanding was 19.7%.

As mentioned still a mammoth return over such a short time period but quite in contrast to that achieved in the first 17 days.

Were the markets simply much more favourable to your contrarian system during early December? Maybe you accepted higher risk when your trades weren't open to public scrutiny?

Please don't take this as a criticism - it's certainly isn't intended as one. I just thought I'd ask for your thoughts on the comparative performance.

Best regards

FN

 

[qwertyfx]

update, 28/2/2005

Here is my trading update:

==============
1. Spot Forex
==============

Account initial balance : USD5,000
Account current equity (closed trades 28/2): USD 17,435 +248.70%

CLOSED TRADES
1. Shorted gbp/jpy 201.82 @ 200.82 +100pips = +$450
2. Shorted gbp/usd 1.9173 @ 1.9196 -23pips = -$115
Total : +$335

MONITORING OPEN TRADE (daily basis):
Sold aud/usd 0.7870 , stop 0.8070, target 0.75

===============
2. BetonMarkets.com
===============

Account initial balance : USD2,000
Account current equity (closed bets 27/01): USD 3,306.8 +65,3%

****flat now*****

========================
3. CFD's & Index Futures
========================

Account initial balance : USD13,000
Account current equity : USD 20,916 +61%(CFD's only) (as of trades closed, last date 23/02/2005)

===CFD's======

**** flat now ****

===Index Futures=====

**** flat now ****

Index Futures' cumulated points (since 17/12/2004) : +477p (this result does not count for the overall portfolio performance)


**************************************************




*******GLOBAL DATA & PORTFOILIO PERFORMANCE ********
**************************************************

Initial capital : USD 20,000 (start of december, 2004)
Current equity : USD 38,883.7 +94.47% (28/2/2004) (Index Futures not included)

**************************************************



Best trading to all,

Qwerty

 

[qwertyfx]

to fastnet

fastnet : I started posting trades from dec 17, 2004 .... as you can see in the index futures cumulative result. My forum portfolio started then and since then it has achieved the presented results (from the trades called here).

Best regards,

Qwerty

 

[qwertyfx]

update, 2/3/2005

Here is my trading update:

==============
1. Spot Forex
==============

Account initial balance : USD5,000
Account current equity (closed trades 2/3): USD 17,885 +257.70%

CLOSED TRADE
1.Sold aud/usd 0.7870 , closed @ 0.7780 +90p = +$450

**** flat now ****
===============
2. BetonMarkets.com
===============

Account initial balance : USD2,000
Account current equity (closed bets 27/01): USD 3,306.8 +65,3%

****flat now*****

========================
3. CFD's & Index Futures
========================

Account initial balance : USD13,000
Account current equity : USD 20,916 +61%(CFD's only) (as of trades closed, last date 23/02/2005)

===CFD's======

**** flat now ****

===Index Futures=====

**** flat now ****

Index Futures' cumulated points (since 17/12/2004) : +477p (this result does not count for the overall portfolio performance)


**************************************************




*******GLOBAL DATA & PORTFOILIO PERFORMANCE ********
**************************************************

Initial capital : USD 20,000 (start of december, 2004)
Current equity : USD 39,333.7 +96.67% (2/3/2004) (Index Futures not included)

**************************************************



Best trading to all,

Qwerty

 

[fastnet]

fastnet : I started posting trades from dec 17, 2004 .... as you can see in the index futures cumulative result. My forum portfolio started then and since then it has achieved the presented results (from the trades called here).

Best regards,

Qwerty

Hi qwerty and thanks for yr reply.

Apologies if I'm being think but I'm still not sure I follow.

Here's a quote from your very first results summary on the 17th Dec 04

Initial capital : USD 20,000 (start of december, 2004)
Current equity : USD 32,200.2 +61,1% (17/12/2004)

I understood this to show a total 61% increase in 17 days. Is this not the case?

Thanks

 

[Lesley Saunders]

Hi qwerty, congratulations on oustanding performance. I too would like to know more about the early trades and also your motivation for sharing with us. No criticism intended, just interest.

 

[fastnet]

Qwerty - you still there? I hope you haven't posted because all your positions are still flat.

I was really enjoying following yr thread. I find the contrarian style very refreshing.

Looking forward to the next installment.

FN

 

[qwertyfx]

to fastnet

hi fastnet,

yes, not much daily action these days plus being a bit busy so didn't update page for these past 2 days .. will update shortly

 

[qwertyfx]

update, 9/3/2005

Here is my trading update:

==============
1. Spot Forex
==============

Account initial balance : USD5,000
Account current equity (closed trades 2/3): USD 17,885 +257.70%

*** Currently my system is not giving daily-based trades, therefore I stand aside from the fx until they come. There only have been intraday trades these past days, and since I only publish the daily-based ones, you are not getting any fx trades for a while now. Intraday ended the last week flat and is in the red this week after a loosing nzd/usd and specially usd/cad trades, which have overcome profits in aud/usd and eur/jpy. Usd/Cad dip was far extreme than expected, and that has also changed the view that I might have for the USD in coming weeks/months, because key levels which I thought would act as support in any case, were broken so easily down.

===============
2. BetonMarkets.com
===============

Account initial balance : USD2,000
Account current equity (closed bets 27/01): USD 3,306.8 +65,3%

****flat now*****

========================
3. CFD's & Index Futures
========================

Account initial balance : USD13,000
Account current equity : USD 20,916 +61%(CFD's only) (as of trades closed, last date 23/02/2005)

===CFD's======

NEW TRADES OPEN There is a good deal of new entries
1. Short Cap Gemini -France- @ 27,5, stop 31, target 22
2. Short Michelin -France- @ 56, stop 61, target 49
3. Short Sodexho -France- @ 24, stop 27, target 17
4. Short Altansa -Germany- @ 47, stop 52, target 40
5. Short Basf -Germany- @ 57,5, stop 60, target 52
6. Short Bayer -Germany- @ 26,47, stop 29, target 21
7. Short Commerzbank -Germany- @ 17,36, stop 19, target 14
8. Short Continental -Germany- @ 60,5, stop 63, target 55
9. Short Deutsche Post -Germany- @ 18,60, stop 22, target 13
10. Short Alliance Unichem (half size) -UK- @ 740, stop 747, target 733
11. Short Cable & Wireless (half size) -UK- @ 133.3, stop 138, target 123
12. Short BG Group -UK- @ 410, stop 417, target 402
13. Short BT -UK- @ 207, stop 211, target 199

===Index Futures=====

NEW TRADES OPEN
1. Short DAX FUTURE @ 4,425, stop 4,500, target 4,330
2. Short DJ Eurostoxx FUTURE @ 3,100, stop 3,150, target 3,000
Index Futures' cumulated points (since 17/12/2004) : +477p (this result does not count for the overall portfolio performance)


**************************************************




*******GLOBAL DATA & PORTFOILIO PERFORMANCE ********
**************************************************

Initial capital : USD 20,000 (start of december, 2004)
Current equity : USD 39,333.7 +96.67% (2/3/2004) (Index Futures not included)

**************************************************



Best trading to all,

Qwerty