Friday, October 22, 2010

Forex Portfolio

When it comes to forex, speaking on analyzing individual currency pairs, the pair being the most traded pair eur / usd.

Based on each graph of the asset in question is determined by an input long or short, with a definition of risk and income, based on a strategy.

Since I long ago stopped watching this market like this.

Thus I propose to demonstrate the results of my strategy.

Therefore I intend to share with you a study that have developed in recent times, and that is inherent in the following objectives:

As it is done with shares, which is a portfolio that is being updated, I believe that the forex market posture must be the same.
A long time to negotiate forex combining multiple currencies, particularly the most traded globally, usd, eur, jpy. gbp. and chf aud. It is a system of arbitration between currencies.

1 - The study of each coin is only done on weekends, and this time it will take for the week following the coins come out and enter into the portfolio. Or even change the direction of the pairs, making up this adjustment portfolio at the beginning of the new week, Sunday at 20:00 hours GMT, the market opening.
The fact that the portfolio review at the weekend, is based on the fact that we always define strategies when the market is closed.

2 - The level of investment in each pair is done by assuming that the number of open contracts in each pair to take the equivalent of $ 100 for 1% of the closing value on Friday prior to each respective pair.
That is to say that a given pair when we are earning 1%, would amount to $ 100.

3 - Stop Loss will not take, since the objective is to identify as only this type of strategy. Depending on each Money management should define its position in a particular trade.

This portfolio will have the principle "always accompany the market trend."
There will always be times of change and it is this sense of analysis work to be done calmly, and experts say whenever the market is closed.

I'm studying various methods for trading the portfolio, so if it considers beneficial, will introduce changes in the way of negotiation. Always follow based on the direction of the market, not trying to find funds or high.

Since the 17th of October, I've been sharing this strategy in a blog I keep in my language of origin, the Portuguese, so I will start this study based on existing findings from this first week.

http://traderdeforex.blogspot.com

So now, updating the portfolio already with results from the 1st week, we have:

Initial value: $ 10,000.
Weekly earnings: $ 925 (9.25%) 
 
Only as a supplement to the definition of forex portfolio set for the week ending, I will say that after several studies, I considered that we would have a hierarchy of three currencies strong and weak currencies in March:

Strong currencies:

1 AUD
2 JPY
3 EUR

Weak currencies:

1 USD
2 GBP
3 CHF

Arranged so every strong currency, with each weak currency, leading to nine currency pairs.

On Sunday, I hope to publish here so my portfolio for next week, so we follow and discuss the issues they consider relevant.

Then I present a framework which can identify where several tables present the results of weekly and daily portfolio.

Good Business.


Note: Sorry for my English, because my source language is Portuguese

Weekly





L/S
Close 15/10
Close 22/10
Result ($)
aud/usd
Long
0,9878
0,98272
-51,43
aud/chf
Long
0,9476
0,96001
130,96
eur/chf
Long
1,3402
1,3633
172,36
eur/usd
Long
1,3969
1,39535
-11,10
eur/gbp
Long
0,8737
0,88957
181,64
gbp/aud
Short
1,6142
1,5961
112,13
chf/jpy
Short
84,86
83,29
185,01
gbp/jpy
Short
130,18
127,634
195,58
usd/jpy
Short
81,45
81,372
9,58
total



924,73










daily 18/10/2010




L/S
Close 15/10
Close 18/10
Result ($)
aud/usd
Long
0,9878
0,98889
11,03
aud/chf
Long
0,9476
0,94881
12,77
eur/chf
Long
1,3402
1,33701
-23,80
eur/usd
Long
1,3969
1,39337
-25,27
eur/gbp
Long
0,8737
0,87772
46,01
gbp/aud
Short
1,6142
1,60532
55,01
chf/jpy
Short
84,86
84,706
18,15
gbp/jpy
Short
130,18
129,023
88,88
usd/jpy
Short
81,45
81,272
21,85
total



204,63










daily 19/10/2010




L/S
Close 18/10
Close 19/10
Result ($)
aud/usd
Long
0,98889
0,96865
-204,67
aud/chf
Long
0,94881
0,94134
-78,73
eur/chf
Long
1,33701
1,33388
-23,41
eur/usd
Long
1,39337
1,37266
-148,63
eur/gbp
Long
0,87772
0,87402
-42,15
gbp/aud
Short
1,60532
1,62142
-100,29
chf/jpy
Short
84,706
83,947
89,60
gbp/jpy
Short
129,023
128,111
70,69
usd/jpy
Short
81,272
81,593
-39,50
total



-477,10










daily 20/10/2010




L/S
Close 19/10
Close 20/10
Result ($)
aud/usd
Long
0,96865
0,98688
188,20
aud/chf
Long
0,94134
0,94934
84,99
eur/chf
Long
1,33388
1,34305
68,75
eur/usd
Long
1,37266
1,3964
172,95
eur/gbp
Long
0,87402
0,88103
80,20
gbp/aud
Short
1,62142
1,60557
97,75
chf/jpy
Short
83,947
84,312
-43,48
gbp/jpy
Short
128,111
128,515
-31,54
usd/jpy
Short
81,593
81,088
61,89
total



679,72










daily 21/10/2010




L/S
Close 20/10
Close 21/10
Result ($)
aud/usd
Long
0,98688
0,97726
-97,48
aud/chf
Long
0,94934
0,94575
-37,82
eur/chf
Long
1,34305
1,34725
31,27
eur/usd
Long
1,3964
1,39204
-31,22
eur/gbp
Long
0,88103
0,88635
60,38
gbp/aud
Short
1,60557
1,60696
-8,66
chf/jpy
Short
84,312
84,031
33,33
gbp/jpy
Short
128,515
127,728
61,24
usd/jpy
Short
81,088
81,192
-12,83
total



-1,78










daily 22/10/2010




L/S
Close 21/10
Close 22/10
Result ($)
aud/usd
Long
0,97726
0,98272
55,87
aud/chf
Long
0,94575
0,96001
150,78
eur/chf
Long
1,34725
1,3633
119,13
eur/usd
Long
1,39204
1,39535
23,78
eur/gbp
Long
0,88635
0,88957
36,33
gbp/aud
Short
1,60696
1,5961
67,58
chf/jpy
Short
84,031
83,29
88,18
gbp/jpy
Short
127,728
127,634
7,36
usd/jpy
Short
81,192
81,372
-22,17
total



526,84


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