Forex portfolio for the day 2/11/2010

For tomorrow the 2nd of November 2010, the stakes go into the forex pairs below indicate.

Post here daily options forex pairs for the next day.

I believe that the orders will be given at 21:00 GMT the day before, and this is the time I close the negotiation of the pairs traded on this day.

Over the weekend I will make an assessment of all the daily results.

Good evening,

day 2/10/2010
Par	L/C	Close 1/11
eur/cad	long
nzd/usd	long
gbp/chf	long
aud/jpy	short

Forex portfolio for the week of 31/10/2010-5/11/2010

From now on I shall examine the eight most-traded currencies globally, instead of the 6 analyzed here.

Thus, I shall examine the eur, usd, gbp, chf, aud, jpy, nzd and cad.

Thus for this week and felt that the hierarchy in terms of relative strength of each currency is as follows:

1º JPY

2º NZD

3º GBP

4º EUR

5º AUD

6º USD

7º CAD

8º CHF

Thus combining the four strongest currencies in the fourth weaker currencies.

I will no longer match every strong currency, with each weak, as this would get 16 pairs of currencies, now considering only four pairs of currencies, each currency will appear only one time.

This will result that the weekly results will be less expressive, whether positive or negative.

In the money management function of each, will be able to enter into contracts every couple with more or fewer contracts to adjust your definition of risk and income.

But this is a simpler way to negotiate.

The portfolio review forex defined percentage gains ever, so the number of contracts in each pair will have to be adjusted in terms of the currency in which it negotiates each pair, and the value that is negotiated in each pair.

So the forex portfolio for next week is as follows:

Week (31/10/2010-5/11/2010)
Par	L/C	Close 29/10
nzd/usd	long	0,76633
eur/cad	long	1,4218
gbp/aud	long	1,63072
chf/jpy	short	81,858

From now on I shall also do a daily analysis will define by the end of the day, before 21:00 GMT a portfolio of forex to keep the next day.

This will be established by combining the weekly analysis cited above, with an analysis in shorter time which would correspond to an analysis by taking daily guidance that there are always moments of well-defined consolidation trends that will motivate temporarily opposite trend. Will also be taken into account factors of assessment as to identify trend changes, or to emphasize trends.

Thus the portfolio forex for the day 1-10-2010 will be as follows:

day 1/10/2010
Par	L/C	Close 29/10
cad/jpy	long	78,87
aud/eur	short	0,70516
gbp/chf	short	1,5755
nzd/usd	short	0,76633

In this case only one currency pair confirms the weekly analysis, the remaining three pairs defined against the weekly portfolio.

Weekly analysis of forex portfolio (2010/10/30)

Week 2:

Based on the portfolio of currency pairs that were part of the portfolio for the week ended, we observed the following:
In the couple negotiated the long side (5), 3 yielded positive results weekly.

In pairs traded on the short side (4), 2 yielded positive results weekly.

Analyzed the results indicated that the major factor that led to the devaluation of the portfolio was the fact that the GBP, has shown great strength, contrary to popular expectations, since the beginning of the week were released data that strengthened this currency

Updated the table attached, and based on the weekly closing values of each pair, we found that the overall outcome weekly, shows a depreciation of 1.80%, corresponding to $ -180.

Just updating

Initial value of the portfolio: $ 10,000
Weekly Valuation: Euros $ -180 (-1.80%)
Present value of the portfolio: $ 10,744.48
Expected annual return: $ 19,356 (193.36%)

During the weekend will define a new portfolio for next week.

Table is updated with weekly earnings:

Weekly 2
	L/S	Close 22/10	Close 26/10	Result ($)
aud/usd	Long	0,98272	0,98356	8,55
aud/chf	Long	0,96001	0,96613	63,75
eur/chf	Long	1,3633	1,37001	49,22
eur/usd	Long	1,39535	1,39467	-4,87
eur/gbp	Long	0,88957	0,86951	-225,50
gbp/aud	Short	1,5961	1,6372	-257,50
chf/jpy	Short	83,29	81,858	171,93
gbp/jpy	Short	127,634	128,965	-104,28
usd/jpy	Short	81,372	80,408	118,47
total				-180,25

Changes in the portfolio of forex

Once you have been doing some research I realized that I can reduce drastically the number of pairs traded weekly, keeping exactly the same kind of results.

During the next weekend, I'll explain the changes, and post the results weekly on the week that follows,   I maintain the portfolio.
This week I have had little willingness to update the blog.

Good rest of the week.

Daily analysis of developments in the portfolio (26/10/2010)

Week 2:

In pairs traded on the short side (4), only 1 had a positive result daily.

Updated tables, and based on the daily closing values of each pair, which correspond to the values of GMT 21 hours, we found that the overall outcome of the day, has depreciated by 4.41%, corresponding to $ 441. 

This negative result was due mainly daily to the great appreciation of the GBP, having been published important data supportive of this currency.

Just updating

 

Initial value of the portfolio: $ 10,000

Daily Valuation: $ -441 (-4.41%)

Weekly Valuation: $ -227 (-2.27%)Present value of the portfolio: $10,698 (6.98%)

Profitability expected weekly: $-567.50 (-5.67%)

Expected annual return: $30,247 (302.47%)

daily 26/10/2010
	L/S	Close 25/10	Close 26/10	Result ($)
aud/usd	Long	0,99054	0,98534	-52,50
aud/chf	Long	0,96189	0,96988	83,07
eur/chf	Long	1,35588	1,3642	61,36
eur/usd	Long	1,39651	1,38587	-76,19
eur/gbp	Long	0,88815	0,87463	-152,23
gbp/aud	Short	1,58742	1,60811	-130,34
chf/jpy	Short	83,219	82,733	58,40
gbp/jpy	Short	127,068	129,045	-155,59
usd/jpy	Short	80,815	81,439	-77,21
total				-441,22
Weekly 2
	L/S	Close 22/10	Close 26/10	Result ($)
aud/usd	Long	0,98272	0,98534	26,66
aud/chf	Long	0,96001	0,96988	102,81
eur/chf	Long	1,3633	1,3642	6,60
eur/usd	Long	1,39535	1,38587	-67,94
eur/gbp	Long	0,88957	0,87463	-167,95
gbp/aud	Short	1,5961	1,60811	-75,25
chf/jpy	Short	83,29	82,733	66,87
gbp/jpy	Short	127,634	129,045	-110,55
usd/jpy	Short	81,372	81,439	-8,23
total				-226,97

Table is updated with the results daily and weekly:

Based on the portfolio of currency pairs listed in the portfolio, we observed the following:In the couple negotiated the long side (5), only two have produced positive results daily.