Depth Trade
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I hear you, I altered my strategy slightly and 'poof' profit gone. No more attempting to 'cherry pick' my strat.
Classic FX
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Depth Trade
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Have exited previous positons except xag/usd positions.
Have entered the following positions.
Eur/gbp: long .8035 6
Eur/cad: long 1.6184 5
(still holding 2 xag/usd long positions.)
Depth Trade Results
Start Date Jan-14
Deposit Amount 1000.00
Week Start Date 3-Apr-08
Week End Date 10-Apr-08
# Weeks 13
USD Start of Week 976.26
USD Ending Amount 956.22
P/L for Week $ -20.04
P/L % for Week -2.05%
P/L since Start $ -43.78
P/L % since Start -4.38%
Expected ROI yearly -17.51%
Have entered the following positions.
Eur/gbp: long .8035 6
Eur/cad: long 1.6184 5
(still holding 2 xag/usd long positions.)
Depth Trade Results
Start Date Jan-14
Deposit Amount 1000.00
Week Start Date 3-Apr-08
Week End Date 10-Apr-08
# Weeks 13
USD Start of Week 976.26
USD Ending Amount 956.22
P/L for Week $ -20.04
P/L % for Week -2.05%
P/L since Start $ -43.78
P/L % since Start -4.38%
Expected ROI yearly -17.51%
Depth Trade
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Still holding positions and have added the following.
Aud/usd: long .9351 7
Eur/usd: long 1.5822 2
Gbp/usd: long 1.9985
Xag/usd: long 17.955
Usd/cad: short 1.0037 3
Usd/mxn: short limit 10.4840
Usd/sgd: short 1.3548 7
Depth Trade
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Depth Trade
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Yes, I am still alive. There was an incredible re-valuation of the USD and we have been waiting it out.
Have exited the following positions.
Eur/usd: out 1.5639 5
Gbp/usd: out 1.9599
Usd/mxn: out 10.5555
Usd/sgd: out 1.3629
Eur/cad: out 1.5710 5
Eur/gbp: out .7866
Still holding Aud/usd, Usd/cad & Xag/usd positions.
current balance
-5.79 %
(am configuring previous balance column)
Last edited:
Depth Trade
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Have entered the following positions.
Aud/usd: long .9562 4
Eur/usd: long 1.5581 7
Gbp/usd: long 1.9574 7
Xag/usd: long 17.0455
Usd/cad: short .9987 2
Usd/cny: short limit 6.9785
Start Date Jan-14
Deposit Amount 1000.00
Week Start Date 10-may-08
Week End Date 17-may-08
# Weeks 18
USD Start of Week 942.28
USD Ending Amount 941.59
P/L for Week $ -0.69
P/L % for Week -0.069%
P/L since Start $ -58.41
P/L % since Start -5.84%
Expected ROI yearly -16.87%
fxwinner22
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why on earth do you bother continuing with this?
Depth Trade
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? Because the account is at break even as we speak and the strategy is up immensly on expectancy.
This account being tracked will show a gain of over 20% for it's first year, this is even after having difficulties getting the account rolling.
..so as it is right now, all I have to do is be able to show a profit for a consistent time and I will be one of the only people on here that has been capable of showing a consistent profit.
FXwinner, I have a client I gained from my years of hard work. What do you have going on? Anything?
Current account balance is about -0.30%
Depth Trade
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You being a quitter, I would not expect you to understand.
Depth Trade
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All righty, we are doing sweet. Our current positions are deep in the money and the balance has been flirting with BreakEven. Have added the following positions.
Aud/usd: long .9596 5
Gbp/usd: long 1.9801 7
Xag/usd: long 18.27
Usd/cad: short .9893 9
Usd/chf: short 1.0235 7
Usd/jpy: short 103.33 7
Depth Trade Results
Start Date Jan-14
Deposit Amount 1000.00
Week Start Date 17-May-08
Week End Date 23-May-08
# Weeks 19
USD Start of Week 888.39
USD Ending Amount 982.82
P/L for Week $ 94.43
P/L % for Week 10.63%
P/L since Start $ -17.18
P/L % since Start -1.72%
Expected ROI yearly -4.70%
Depth Trade
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Still holding steady. The account is currently showing a loss if your following our silver position watching Spot price ($17.49). Comparing the price to actual physical gold ($18.40 lowest offer), we're showing a profit.
...So who do you believe? Do you trust a fraudulent corrupt Goverment entity that is flooding the 'paper' contract markets to bring the physicals into a buying range or do you trust the price of an actual commodity Versus Paper?
All the news coming out is false, westernised society is completely corrupt. We are morally corrupt, ethically corrupt and financially corrupt.
We are so broke we can not make the right decision, we can't afford to make the right decision. All we have to offer is WAR, insecurity and our own internal fear.
We have nothing to offer.
Depth Trade
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I'd like to excercise my freedom of speach.
President George W. Bush should be dragged kicking and screaming from the White House.
Treason.
President George W. Bush should be dragged kicking and screaming from the White House.
Treason.
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Depth Trade
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Last edited:
Depth Trade
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video #2
video #3
video #4
video #3
video #4
Last edited:
Depth Trade
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I have just realized something that I was having trouble calculating. My silver positions are way too big. My ticket orders are set for a percentage of available capital, but when I position the same amount in silver, the price moves way more than currency. What would have been a 1% loss in cash, can be -10% in metals for any given period. My conclusion is, there is less actual metal out there than fiat currencies. The price is then volatile.
..So when positioning I'll have to reduce my position size to 1/10th of set ticket percentage, which then neutralizes my leverage; but if I'm not going to be using/needing leverage, I might as well just be trading precious metals as an investor.
Trading Forex with a leveraged account is a complete trap. You need to think about Murphy's law on this theory. When your taking a position on an un leveraged account one could say there probability is 50/50. When one is trading with a 50/1 lev. account you could say there Prob. for a loss is x50. This is because your always going to be looking for the minimal move that fits into your Win profile, but if you make a error, your loss parameters are x50.
You may disprove this idea numerically, but you have to look at it from murphy's law it makes total sense.
Even if one learns how to make huge amounts of money, you mess up on a huge account or you try something new thinking you can handle anything, have seen every possible outcome. *BAM you lose money. Yeah, you can set your stops at 1%, but you need to understand that if you had taken that same loss un-leveraged, there would not have been a loss, there wouldn't of been a trade.:idea:
This all may sound simple, but the problem is everyone is trying to out smart the system numerically, when there over looking the most obvious problem. That is, no matter how good you are, your going to try something new and fail. The only way to guarantee I don't fall into this trap, is to not trade Leveraged accounts ever.
I need to take what I know and apply it to buying metals for investors.
On that note I'll continue positioning the currency untill it breaks even.
Have entered the following positions.
Gbp/usd: long 1.9828
Xag/usd: long 16.952
Usd/mxn: limit short 10.3255
Depth Trade
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Update: we're looking good, xag/usd has come back into reality. Our average xag position is in at 17.71 and price is now about 17.48 spot (18.30 for the real deal).
Thinking we'll revert back to original strategy and unload some of these positions. The one's bought at 16.952 and 17.0455
I was going to start holding all my positions longer, but started over lapping strats.
Thinking we'll revert back to original strategy and unload some of these positions. The one's bought at 16.952 and 17.0455
I was going to start holding all my positions longer, but started over lapping strats.
Depth Trade
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No positions have been entered for this week
Depth Trade Results
Start Date: Jan-14
Deposit Amount: 1000.00
Week Start Date: 31-May-08
Week End Date: 07-Jun-08
Weeks: 21
USD Start of Week: $ 937.60
USD Ending Amount: $ 927.58
Net Asset Value: $ 911.54
P/L for Week: $ -10.02
P/L % for Week: -1.07%
P/L since Start: $ -72.41
P/L % since Start: -7.24%
Expected ROI yearly: -17.93%
Positions being held: 15
Depth Trade Results
Start Date: Jan-14
Deposit Amount: 1000.00
Week Start Date: 31-May-08
Week End Date: 07-Jun-08
Weeks: 21
USD Start of Week: $ 937.60
USD Ending Amount: $ 927.58
Net Asset Value: $ 911.54
P/L for Week: $ -10.02
P/L % for Week: -1.07%
P/L since Start: $ -72.41
P/L % since Start: -7.24%
Expected ROI yearly: -17.93%
Positions being held: 15
Depth Trade
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Have exited all currency positions and have an order to sell the remaining Xag/usd position at $18.78 (exit with a gain of over +1.00%)
I have also switched platforms, so this account that had been recording trades, will be retired or transfered after exiting positions.
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Depth Trade
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video 1
video 2
video 3
Bias on dollar is short for the week; long Xag/usd.
Price of lumber is off for the last week, contrators will buy materials instead of holding USD. < Thinking the market has bottomed out, only to be caught off guard when market refuses to come back, no thanks to the USD/bond being sold off.
Looking at metals and oil one would think the USD was posed to for strength, but the sell off in bonds has out-weighed the benefit in metals and petrols.
Cross-referencing commodity prices, I have the following potential trades.
Usd/jpy: short
Usd/mxn: short
Focus on
Xag or Xau/usd longs
video 2
video 3
Price of lumber is off for the last week, contrators will buy materials instead of holding USD. < Thinking the market has bottomed out, only to be caught off guard when market refuses to come back, no thanks to the USD/bond being sold off.
Looking at metals and oil one would think the USD was posed to for strength, but the sell off in bonds has out-weighed the benefit in metals and petrols.
Cross-referencing commodity prices, I have the following potential trades.
Usd/jpy: short
Usd/mxn: short
Focus on
Xag or Xau/usd longs
Last edited:
Depth Trade
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Don't trust your Goverment.
Six cases full of gold dust found in safe deposits...plus drugs, 17th-Century masterpieces, £30million in cash - and police have hundreds of strong boxes still to open
By Martin Smith
Last updated at 1:54 AM on 08th June 2008
Comments (18) Add to My Stories
Detectives have found six suitcases packed with gold dust worth £8million and more than £30 million in cash during raids on three safe deposit centres in some of London's most affluent neighbourhoods.
Last night Scotland Yard said the recovery of such an astonishing haul was being seen as a major victory in the war against global organised crime.
The sheer magnitude of the loot found so far - much of it thought to be the proceeds of international drug smuggling - has stunned police because only a third of the 7,000 suspect deposit boxes have so far been opened.
The unprecedented raids on the safe deposit centres in Park Lane, Hampstead and Edgware has involved more than 300 police officers and followed a complex two-year undercover operation against criminal money-laundering codenamed Rize.
At the heart of the investigation --which is expected to last for at least two more years - is a company called Safe Deposit Centres Limited, set up in 1986 and run by two South African-born men with British citizenship. Both are currently on police bail having been arrested on suspicion of money-laundering.
Police have spent two years closely monitoring the activities of the company and watching the comings and goings of clients at all three centres.
It came to a head on Monday, when detectives obtained a search warrant from a Crown Court judge to target the company on the basis it had allegedly breached anti-money-laundering legislation by not registering with the Financial Services Authority, and failed to conduct identity checks on prospective depositors.
Police say the company directors also failed to file reports of any suspicious activity to the Serious Organised Crime Agency, Britain's equivalent of the FBI, as they were required to do by law.
Commander Allan Gibson, of the Yard's Specialist Crime Directorate, told The Mail on Sunday last night: 'This is very significant and we are aware that what we are doing will have a substantial impact on organised crime. We have been told by our partner agencies that the impact has already been felt within criminal fraternities across the world.
'This is all about criminal networks using alternatives to the usual banking system and they have been assisted by people willing to turn a blind eye.'
Since the initial raids on Monday, police have recovered more than £30million in cash, much of it in foreign currency and particularly large-denomination bills, such as €500 notes, favoured by money launderers because of their high value and portability.
Much of the cash - which also included gold Krugerrands and US dollars - was found simply stuffed into holdalls and supermarket carrier bags. Other boxes were crammed full with loose notes.
Most is thought to have been the proceeds of drugs deals but detectives say some may be from cash-in-transit robberies.
They are checking for any money that may have come from Britain's biggest robbery, the raid on the Securitas depot in Tonbridge, Kent, in 2006, which netted more than £53 million, much of which was never recovered.
The gold dust - which is actually a mixture of gold particles, flakes and small nuggets - was found in six trolley-style suitcases inside two very large deposit boxes the size of walk-in wardrobes.
It was wrapped in plastic bags the size of big packs of frozen peas and would be worth around £8million on the bullion market.
One officer involved in the search said: 'When we opened the first suitcase we could see these plastic bundles inside but when we tried to pick them up they were so heavy it needed two of us just to lift one.'
The gold dust has been sent to a specialist bullion dealer for analysis. Where it came from has not yet been established but one theory is that it may have originated in South Africa, one of the world's biggest gold producers.
Gold dust is regularly smuggled by impoverished workers from refining plants to supplement their low wages. Criminal gangs pay them way below gold's official market price and the dust is then cast into untraceable ingots.
Also recovered has been a large quantity of jewellery, drugs such as heroin and cocaine, false credit cards, counterfeit cheque books, forged passports and evidence of links to prostitution.
Police have found a substantial haul of paedophile material --described by officers as of a 'shocking' level of depravity --and paintings by 17th Century Dutch and Russian artists, which have been sent for specialist assessment. Classical artefacts are also being examined.
All three safe deposit centres are under 24-hour armed police guard and the examination of the safe deposit boxes will continue around the clock.
Police are using specialist sniffer dogs inside the vaults to detect drugs and to establish whether any of the boxes have been booby-trapped with explosives. 'The working area is quite small. It is very hot and cramped in there and our men are conducting a difficult task in very difficult circumstances,' said Commander Gibson.
'Every box - and there are 7,000 of them - is a story and an individual investigation. Every one is a potential scene of crime - it has to be opened, forensically examined and the property removed for secure storage.
'The next stage is to try to establish who owns the boxes. We also realise that this operation has had a significant impact on innocent members of the public who have used these facilities for perfectly legitimate purposes.'
He said that so far, 850 people have come forward to claim ownership of boxes at the centres and officers have already given back property in a number of urgent cases.
These have included a woman who wanted to recover some jewellery from a box because she was getting married, a man who needed his passport to travel abroad and a jeweller who wanted items from his box for a special exhibition.
But Commander Gibson said: 'We anticipate that a great deal of the property inside those boxes will not be claimed and the owners will not being coming forward.'
Clients at the three centres paid from just £100 a year for a small box the size of an A4 sheet of paper, and the price increased commensurate with the size up to the largest ones, like those in which the gold dust was found.
Inside every vault is a private viewing area, where clients can remove items or add to the contents away from prying eyes.
Two directors of Safe Deposit Centres Limited - Leslie Sieff, 60, and Jacqueline Swan, 44 --were arrested on Monday, while a third director, Milton Woolf, 52, was held at Heathrow Airport 24 hours later after he flew in from the United States.
All were held on suspicion of money-laundering and released on bail until September. Two other men were arrested on suspicion of obstructing the police searches but were later released without charge.
Mr Sieff and Mr Woolf both live in multi-million-pound homes in the Golders Green area of North London.
Among Mr Sieff's other directorships is the Hampstead School of English, an upmarket educational academy for wealthy foreign students where his wife Jill is principal. The college, close to the Hampstead branch of the safe deposit firm raided by police, charges up to £800 a week for its range of English courses.
Ms Swan, from Barnet, Hertfordshire, is described as the office manager for the three safe deposit centres.
Six cases full of gold dust found in safe deposits...plus drugs, 17th-Century masterpieces, £30million in cash - and police have hundreds of strong boxes still to open
By Martin Smith
Last updated at 1:54 AM on 08th June 2008
Comments (18) Add to My Stories
Detectives have found six suitcases packed with gold dust worth £8million and more than £30 million in cash during raids on three safe deposit centres in some of London's most affluent neighbourhoods.
Last night Scotland Yard said the recovery of such an astonishing haul was being seen as a major victory in the war against global organised crime.
The sheer magnitude of the loot found so far - much of it thought to be the proceeds of international drug smuggling - has stunned police because only a third of the 7,000 suspect deposit boxes have so far been opened.
The unprecedented raids on the safe deposit centres in Park Lane, Hampstead and Edgware has involved more than 300 police officers and followed a complex two-year undercover operation against criminal money-laundering codenamed Rize.
At the heart of the investigation --which is expected to last for at least two more years - is a company called Safe Deposit Centres Limited, set up in 1986 and run by two South African-born men with British citizenship. Both are currently on police bail having been arrested on suspicion of money-laundering.
Police have spent two years closely monitoring the activities of the company and watching the comings and goings of clients at all three centres.
It came to a head on Monday, when detectives obtained a search warrant from a Crown Court judge to target the company on the basis it had allegedly breached anti-money-laundering legislation by not registering with the Financial Services Authority, and failed to conduct identity checks on prospective depositors.
Police say the company directors also failed to file reports of any suspicious activity to the Serious Organised Crime Agency, Britain's equivalent of the FBI, as they were required to do by law.
Commander Allan Gibson, of the Yard's Specialist Crime Directorate, told The Mail on Sunday last night: 'This is very significant and we are aware that what we are doing will have a substantial impact on organised crime. We have been told by our partner agencies that the impact has already been felt within criminal fraternities across the world.
'This is all about criminal networks using alternatives to the usual banking system and they have been assisted by people willing to turn a blind eye.'
Since the initial raids on Monday, police have recovered more than £30million in cash, much of it in foreign currency and particularly large-denomination bills, such as €500 notes, favoured by money launderers because of their high value and portability.
Much of the cash - which also included gold Krugerrands and US dollars - was found simply stuffed into holdalls and supermarket carrier bags. Other boxes were crammed full with loose notes.
Most is thought to have been the proceeds of drugs deals but detectives say some may be from cash-in-transit robberies.
They are checking for any money that may have come from Britain's biggest robbery, the raid on the Securitas depot in Tonbridge, Kent, in 2006, which netted more than £53 million, much of which was never recovered.
The gold dust - which is actually a mixture of gold particles, flakes and small nuggets - was found in six trolley-style suitcases inside two very large deposit boxes the size of walk-in wardrobes.
It was wrapped in plastic bags the size of big packs of frozen peas and would be worth around £8million on the bullion market.
One officer involved in the search said: 'When we opened the first suitcase we could see these plastic bundles inside but when we tried to pick them up they were so heavy it needed two of us just to lift one.'
The gold dust has been sent to a specialist bullion dealer for analysis. Where it came from has not yet been established but one theory is that it may have originated in South Africa, one of the world's biggest gold producers.
Gold dust is regularly smuggled by impoverished workers from refining plants to supplement their low wages. Criminal gangs pay them way below gold's official market price and the dust is then cast into untraceable ingots.
Also recovered has been a large quantity of jewellery, drugs such as heroin and cocaine, false credit cards, counterfeit cheque books, forged passports and evidence of links to prostitution.
Police have found a substantial haul of paedophile material --described by officers as of a 'shocking' level of depravity --and paintings by 17th Century Dutch and Russian artists, which have been sent for specialist assessment. Classical artefacts are also being examined.
All three safe deposit centres are under 24-hour armed police guard and the examination of the safe deposit boxes will continue around the clock.
Police are using specialist sniffer dogs inside the vaults to detect drugs and to establish whether any of the boxes have been booby-trapped with explosives. 'The working area is quite small. It is very hot and cramped in there and our men are conducting a difficult task in very difficult circumstances,' said Commander Gibson.
'Every box - and there are 7,000 of them - is a story and an individual investigation. Every one is a potential scene of crime - it has to be opened, forensically examined and the property removed for secure storage.
'The next stage is to try to establish who owns the boxes. We also realise that this operation has had a significant impact on innocent members of the public who have used these facilities for perfectly legitimate purposes.'
He said that so far, 850 people have come forward to claim ownership of boxes at the centres and officers have already given back property in a number of urgent cases.
These have included a woman who wanted to recover some jewellery from a box because she was getting married, a man who needed his passport to travel abroad and a jeweller who wanted items from his box for a special exhibition.
But Commander Gibson said: 'We anticipate that a great deal of the property inside those boxes will not be claimed and the owners will not being coming forward.'
Clients at the three centres paid from just £100 a year for a small box the size of an A4 sheet of paper, and the price increased commensurate with the size up to the largest ones, like those in which the gold dust was found.
Inside every vault is a private viewing area, where clients can remove items or add to the contents away from prying eyes.
Two directors of Safe Deposit Centres Limited - Leslie Sieff, 60, and Jacqueline Swan, 44 --were arrested on Monday, while a third director, Milton Woolf, 52, was held at Heathrow Airport 24 hours later after he flew in from the United States.
All were held on suspicion of money-laundering and released on bail until September. Two other men were arrested on suspicion of obstructing the police searches but were later released without charge.
Mr Sieff and Mr Woolf both live in multi-million-pound homes in the Golders Green area of North London.
Among Mr Sieff's other directorships is the Hampstead School of English, an upmarket educational academy for wealthy foreign students where his wife Jill is principal. The college, close to the Hampstead branch of the safe deposit firm raided by police, charges up to £800 a week for its range of English courses.
Ms Swan, from Barnet, Hertfordshire, is described as the office manager for the three safe deposit centres.
