Fri 27 Jul 2007
Cable Glider Forex System Results for July 2007
Posted by Ed Mamula under Forex Trading Results , Narratives# closed winning trades : 4
# closed losing trades : 6
Total Net monthly profit % (risk capital + living expense buffer) : 26.0%
Net monthly return on risk capital : 36.1%
Another successful month for Cable Glider. There were some intra-week valleys caused by this month’s 6 losses, but the system was up 3 out of 4 weeks this month. I get the feeling that volatility is finally returning to the market, as indicated by the slight increase in the average true range on the daily charts. (directional) Volatility is the system’s friend.
I’ve opened a futures account in order to explore the possibility of shifting some or all of my FX trading over to the futures market, and for now I can only say that I am PSYCHED. I will write up my thoughts about the spot market and the futures market soon.
