Forex portfolio – Day 20 - Analysis of developments (23/2/2011)

After finishing another day, the classification of currencies considered in the strategy is as follows:

1 USD

2 GBP

4 JPY

5 EUR, AUD

6 CHF

Thus, the portfolio has been properly adjusted to this new classification.

Since the beginning of this account (26-1-2011) that addresses this strategy have been closed 66 positions, 50 of them positive, accumulating a gain of 2.160 pips. Open positions now have a loss of about 2.300 pips. 

So the current valuation of the portfolio of forex is about -140 pips.

You can see the performance of the strategy here.

The definition of the strategy can be found here.

The description of the platform used to negotiate the strategy can be found here.

I let down the graphics for 3 months, 20 days and 4 days, with the relationship between currencies eur, usd, gbp, chf, jpy and aud.

Forex portfolio – Day 20 - Analysis of developments (23/2/2011)

After finishing another day, the classification of currencies considered in the strategy is as follows:

1 USD

2 JPY, AUD

4 GBP

5 EUR

6 CHF

Thus, the portfolio has been properly adjusted to this new classification.

Since the beginning of this account (26-1-2011) that addresses this strategy have been closed 63 positions, 48 of them positive, accumulating a gain of 2.048 pips. Open positions now have a loss of about 2.050 pips. 

So the current valuation of the portfolio of forex is about 0 pips.

You can see the performance of the strategy here.

The definition of the strategy can be found here.

The description of the platform used to negotiate the strategy can be found here.

I let down the graphics for 3 months, 20 days and 4 days, with the relationship between currencies eur, usd, gbp, chf, jpy and aud.

Forex portfolio – Day 19 - Analysis of developments (22/2/2011)

After finishing another day, the classification of currencies considered in the strategy is as follows:

1 USD

2 JPY

3 EUR

4 AUD

5 GBP

6 CHF

Thus, the portfolio has been properly adjusted to this new classification.

Since the beginning of this account (26-1-2011) that addresses this strategy have been closed 60 positions, 46 of them positive, accumulating a gain of 2.026 pips. Open positions now have a loss of about 1.700 pips. 

So the current valuation of the portfolio of forex is about 326 pips.

You can see the performance of the strategy here.

The definition of the strategy can be found here.

The description of the platform used to negotiate the strategy can be found here.

I let down the graphics for 3 months, 20 days and 4 days, with the relationship between currencies eur, usd, gbp, chf, jpy and aud.

Forex portfolio – Day 18 - Analysis of developments (21/2/2011)

After analysis prepared at the end of the day February 18, 2011, the classification of currencies considered in the strategy remain, so there is nochange in the portfolio of forex maintained.

Forex portfolio – Day 17 - Analysis of developments (18/2/2011)

After finishing another day, the classification of currencies considered in the strategy is as follows:

1 USD

2 JPY

3 EUR

4 GBP

5 AUD

6 CHF

Thus, the portfolio has been properly adjusted to this new classification.

You can see the performance of the strategy here.

The definition of the strategy can be found here.

The description of the platform used to negotiate the strategy can be found here.

I let down the graphics for 3 months, 20 days and 4 days, with the relationship between currencies eur, usd, gbp, chf, jpy and aud.

Forex portfolio – Day 16 - Analysis of developments (17/2/2011)

After analysis prepared at the end of the day February 16, 2011, the classification of currencies considered in the strategy remain, so there is nochange in the portfolio of forex maintained.

Forex portfolio – Day 15 - Analysis of developments (16/2/2011)

After finishing another day, the classification of currencies considered in the strategy is as follows:

1 JPY

2 USD

3 EUR

4 AUD

5 CHF

6 GBP

Thus, the portfolio has been properly adjusted to this new classification.

  

I let down the graphics for 3 months, 20 days and 4 days, with the relationship between currencies eur, usd, gbp, chf, jpy and aud.

Forex portfolio – Day 14 - Analysis of developments (15/2/2011)

After finishing another day, the classification of currencies considered in the strategy is as follows:

1 JPY

2 EUR

3 AUD

4 USD

5 CHF

6 GBP

Thus, the portfolio has been properly adjusted to this new classification.

  

I let down the graphics for 3 months, 20 days and 4 days, with the relationship between currencies eur, usd, gbp, chf, jpy and aud.

Forex portfolio – Day 13 - Analysis of developments (14/2/2011)

After finishing another day, the classification of currencies considered in the strategy is as follows:

1 JPY

2 EUR

3 AUD, CHF

5 GBP, USD

Thus, the portfolio has been properly adjusted to this new classification.

Since the beginning of this account (26-1-2011) that addresses this strategy have been closed 49 positions, 38 of them positive, accumulating a gain of 2.070 pips. Open positions now have a loss of about 1.050 pips. 

So the current valuation of the portfolio of forex is about 1.020 pips.

You can see the performance of the strategy here.

The definition of the strategy can be found here.

The description of the platform used to negotiate the strategy can be found here.

I let down the graphics for 3 months, 20 days and 4 days, with the relationship between currencies eur, usd, gbp, chf, jpy and aud.

Forex portfolio - Daily analysis of developments (11/2/2011)

After analysis prepared at the end of the day February 11, 2011, the classification of currencies considered in the strategy remain, so there is nochange in the portfolio of forex maintained.

Forex portfolio - Daily analysis of developments (10/2/2011)

After finishing another day, the classification of currencies considered in the strategy is as follows:

1 JPY

2 CHF

3 AUD

4 GBP

5 EUR, USD.

Thus, the portfolio has been properly adjusted to this new classification.

Since the beginning of this account (26-1-2011) that addresses this strategy have been closed 44 positions, 35 of them positive, accumulating a gain of 1.958 pips. Open positions now have a loss of about 1.300 pips. 

So the current valuation of the portfolio of forex is about 658 pips.

You can see the performance of this strategy here.

The definition of the strategy can be found here.

The description of the platform used to negotiate the strategy can be found here.

I let down the graphics for 3 months, 20 days and 4 days, with the relationship between currencies eur, usd, gbp, chf, jpy and aud.

Forex portfolio - Daily analysis of developments (8/2/2011)

After the end of the day's market, I note that the classification of currencies covered in the strategy has not changed compared to the previous day, so the portfolio of forex is not changed.

In terms of portfolio balance the value displayed is equal to the previous day, with a negligible recovery of about 20 pips.

Just wait for tomorrow for further examination.

Forex portfolio - Daily analysis of developments (7/2/2011)

After finishing another day, the classification of currencies considered in the strategy is as follows:

1 JPY

2 EUR

3 CHF

4 USD

5 GBP

6 AUD.

Thus, the portfolio will be appropriately adjusted according to classification in this new market opening on Sunday.

Since the beginning of this account (26-1-2011) that addresses this strategy have been closed 34 positions, 29 of them positive, accumulating a gain of 1.604 pips. Open positions now have a loss of about 1.200 pips. 

So the current valuation of the portfolio of forex is about 400 pips.

You can see the performance of this strategy here.

The definition of the strategy can be found here.

The description of the platform used to negotiate the strategy can be found here.

I let down the graphics for 3 months, 20 days and 4 days, with the relationship between currencies eur, usd, gbp, chf, jpy and aud.

Forex portfolio - Daily analysis of developments (4/2/2011)

After finishing another day, the classification of currencies considered in the strategy is as follows:

1 JPY
2 EUR
3 CHF, CHF
5 GBP
6 AUD.

Thus, the portfolio will be appropriately adjusted according to classification in this new market opening on Sunday.

Since the beginning of this account (26-1-2011) that addresses this strategy have been closed 31 positions, 26 of them positive, accumulating a gain of 1277 pips. Open positions now have a loss of about 835 pips.
So the current valuation of the portfolio of forex is about 442 pips.

You can see the performance of this strategy here.

The definition of the strategy can be found here.

The description of the platform used to negotiate the strategy can be found here.

I let down the graphics for 3 months, 20 days and 4 days, with the relationship between currencies eur, usd, gbp, chf, jpy and aud.

Real-time forex portfolio

Already you can see in real time the evolution of the portfolio that corresponds to the forex strategy followed in this BLOG.

You can access all data on the portfolio here.

By accessing the link will display a message referring to "Warning: Reckless Trading detected" and should run double-click on the message to disappear.

This message appears due to the fact that so far I have not set the STOP LOSS, I will rectify that situation so that this message no longer appears.

You can check through the field "Trading History" all closed trades, and the performance graph depicts data from the closed positions. You can also access this after field, select each individual currency pair to an analysis by currency pair.

As I mentioned when describing the strategy will be located here expected that the positions held open tend to have a negative balance, since the strategy always positive close positions privileges at the expense of negative positions.
The maximum drawdown is always high for the reasons mentioned.

To decrease the drawdown would be enough to close every day fully open positions and re-open all positions that may be determined after the daily analysis, but it would cost in terms of spread, so do not worry because the maximum drawdown able to produce high values

Description of the platform to negotiate the forex account

The platform on which I created an account to operate forex, and that allows viewing of the portfolio that I keep on forex real time, as it allows all check transactions over the past, it is a platform that aims to attract customers have as option trading forex automatically tracking signal providers. When you open an account, each person will choose from among the thousands of existing providers, who according to their investment profile and your risk margin within his way of being in the forex market.

Can be viewed by all Signal Providers at:

http://currencies.zulutrade.com/Performance.aspx

On this page are identified all the performances of each signal provider, identifying their relative ranking, which is allocated according to a number of factors defined by the program managers. I do not privilege the classification based on the ranking, I prefer to analyze each one in order to identify those that best fit into my investor profile.

 

The signal providers are specific accounts of traders who deal directly on the platform with the aim of raising followers assets, since each provider will receive a percentage of the amount of spreads generated by each follower. For this reason the providers have any incentive to negotiate so conscientious following a strategy previously defined and which can be viewed on the profile of each one, so get to keep as many followers as possible.

 
This means that the account that I share this BLOG, I affirm that corresponds to a signal provider. For this reason anyone could ever portray an account created for the purpose of the transactions I make in my provider account.

So, who holds an account, then log on, just at the "Performance" after identifying the provider you want to monitor, press the button "add to portfolio" and automatically the operations of this provider will be portrayed in your account.

 
May be added simultaneously multiple signal providers, requiring properly assess the number of providers that fit the amount of investment and risk defined by each.

 
The platform also allows each customer to complete their negotiations themselves directly in the forex market.

 
This platform works with more than 20 Brokers, and this number has been increasing. You can check with the brokers that the platform's partnership link: https://currencies.zulutrade.com/SignUp_Live.aspx

  
You can always open demo accounts and follow the signs that providers prefer in order to properly assess the advantages and disadvantages of this type of negotiation. You can even serve only to follow signs that after having examined with critical spirit to serve the day to day forex trader. If you select multiple providers can always check the performance of each of your account by selecting it in the "Providers" within your account.

 
If you want to monitor the strategy we follow in this blog, may, after accessing your account, go to the following page:

http://www.zulutrade.com/TradeHistoryIndividual.aspx?pid=40624

and pressing the "Add to Portfolio."

 
You can use another form, namely go to page "Performance", look for the provider "Trading Retracements" and press on "Add to Portfolio"

 
For questions please see here:

https://currencies.zulutrade.com/FAQ.aspx

Forex portfolio - Daily analysis of developments (3/2/2011)

After finishing another day, the classification of currencies considered in the strategy is as follows:

1 USD

2 JPY

3 EUR, CHF

5 GBP

6 AUD.

Since the beginning of this account (26-1-2011) that addresses this strategyhave been closed 31 positions, 26 of them positive, accumulating a gain of 1270 pips. Open positions now have a loss of about 650 pips. 

So the current valuation of the portfolio of forex is about 627 pips.

Now that they are completed 30 closed positions you can monitor real-time portfolio performance. Not available yet, but tomorrow morning I hope to put the address here so they can access real-time portfolio performance.

  

I let down the graphics for 3 months, 20 days and 4 days, with the relationship between currencies eur, usd, gbp, chf, jpy and aud.

Forex portfolio - Daily analysis of developments (2/2/2011)

After finishing another day, the classification of currencies considered in the strategy is as follows:

1 USD

2 JPY

3 EUR, AUD

5 CHF

6 GBP.

Since the beginning of this account (26-1-2011) this strategy have been closed 24 positions, 21 of them positive, accumulating a gain of 1049 pips. Open positions now have a loss of about 360 pips. 

So the current valuation of the portfolio of forex is about 690 pips.

Once complete 30 closed positions you can monitor real-time performance ofthe same, covering all the trades already made, as well as view open positions. Maybe tomorrow or Friday  this would happen.

  

I let down the graphics for 3 months, 20 days and 4 days, with the relationship between currencies eur, usd, gbp, chf, jpy and aud.

Forex portfolio - Daily analysis of developments (1/2/2011)

After finishing another day, the classification of currencies considered in the strategy is as follows:

1 USD

2 JPY

3 EUR, AUD

5 CHF

6 GBP.

I let down the graphics for 3 months, 20 days and 4 days, with the relationship between currencies eur, usd, gbp, chf, jpy and aud.

Daily analysis of developments in the portfolio (31/1/2011)

After finishing another day, the classification of currencies considered in the strategy is as follows:

1 CHF, JPY

3 EUR, USD, AUD

6 GBP.

I let down the graphics for 3 months, 20 days and 4 days, with the relationship between currencies eur, usd, gbp, chf, jpy and aud.

Forex portfolio – Forex trading system

This strategy is developed based on the analysis of the relative strength between 6 currencies usd, eur, gbp, jpy, chf and aud. Thus combining all, we get a maximum number of 15 currency pairs.

In the forex market, I believe that the analysis should be done in terms of negotiation, can not be made the same way that the analysis is done to the stock quote market or products that derive from the stock quote market.

In the stock quote market is expected that a favorable global economic environment, a properly diversified portfolio of stock quotes, can achieve positive results. Similarly, it is also expected that in a period when the overall economic climate is unfavorable, it will result in losses.

That means that we always have a stock quotes market to follow the dominant trend, with no limit to the periods of ups or periods of decline.

In the case of forex, and a view of the relationship between currencies, the situation can not be judged the same way. In the case of portfolio of six currencies to negotiate, and the relationship between them, so that certain currencies may appreciate, others will have to devalue.

Say it's possible to make an arbitrage between currencies, ie, we can never say that a perspective of economic growth all currencies appreciate, or otherwise they all devalue.

We also can not identify, based on historical data, that in situations of economic expansion is well defined, there are currencies that are equivalent in terms of performance, we can not even identify which currencies benefiting from a favorable global environment to the detriment of others.

Over time we found that although there are certain periods in currencies that demonstrate great strength or weakness when compared with the other, we also found that they relate within limited ranges, the time frames used in the analysis that underpins this strategy .

Based on this perspective, consider that each currency, which show strong relative to others in a given period, will at a later time, a moment to lose the rest.

So I think the best option to trade in forex, it will be always in the direction of negotiating the balance between currencies, that is betting on further weakness of the currencies that have strong and future strength of the currencies that have low within each timeframe analysis.

The strategy that set, I analyze the relative strength of currencies eur, usd, gbp, chf, jpy and aud at 3 different timeframes, 3 months, 20 days and 4 days.

For each timeframe identify the strongest currencies and weaker in the analyzed time period, and I believe that in future this ratio will be reversed.
This analysis incorporates some indicators (indicators used anything on the market) to detect movement of retraction on the relationship between currencies.

Accordingly, I determine a relative ranking among the six currencies and combining them all, get a set of 15 currency pairs, and in case of equality between currencies in global ranking, the pair formed by these currencies are not traded.

This assessment always results in enhancement of retracement and devalue existing trends. This situation will be sustainable given that we are aware that over 70% of the time, there are no well defined trends in the market, so prices vary within certain ranges.

For these reasons, I consider that the forex market has to be seen differently from the stock quotes market.

Thus, this strategy assume that just keep 1 open position in each currency pair.

The assessment will be made every day at the close of the market, adjusting the portfolio of forex in relation to changes that may exist in the classification of currencies, compared with the previous day. That may occur during the day to close any open position, but never opens the new position before the assessment at the close of market.
In the event of an equal rank between two currencies, I can not take the close position that may have open in this pair, before opening a position contrary to that held by this relationship does not change. Then when there is a sign of openness in a particular direction simply close the opposite position in the pair. The operations are always the same, close and then open a position or a position contrary to open and then close the other.

In any event the number of contracts for each currency pair should be adjusted for capital investment for each person. Also the risk assumed by each trader should be adjusted so that the number of contracts for each currency pair falls within the parameters set for the risk.

This strategy fits the characteristics of traders who meet the following principles:

1 Traders who have a high propensity to stay on the market, since with this strategy there will always be open positions;

2 Traders who opt for open positions regularly trying to find high and low, looking ahead to a change in trend;

3 Traders who for whatever reason can not follow the full time evolution of the market, since in accordance with this strategy only in the daily close of the market, an assessment is made to the portfolio, to determine adjustments in the portfolio of forex;

4 Traders that aim to realize a large percentage of business winners, in the entirety of the portfolio. It is expected a rate of over 70% of deals closed with gains;

5 Traders who do not have a great concern about the possible and foreseeable losses on positions held open. This strategy always favors the closing of winning positions, keeping the losing positions, will always be expected that at the end of the day, to evaluate the performance of the portfolio close to winning positions that represent a higher monetary value than those that are close to losing positions. It follows from the mean, that after the daily rebalancing of the portfolio is expected that the balance of open positions will become more unfavorable. This situation, in terms of drawdown will have its repercussions and that DD is not real, just as they always portray the open positions, however they do not reflect the positions closed. So Drawdown may present high ceilings, but that does not correspond to a real situation ever.

In conclusion can I assume that I follow trading patterns that have nothing to adjust with the principles followed by great experts in the market. But we also know that less than 30% (not to mention other value much lower) of forex traders win consistently in this market, so each person must establish his or her way to negotiate, given its own personality and its behavior towards risk.

This is how I fit in the market, which has given me results that I consider very positive. I will not talk about results of the past, since I am too lazy to show them, so do not even have to do, so the purpose of this BLOG is to show the results in real time so that each person who will accompany the strategy can develop your own opinion.

My goal is to negotiate a portfolio of forex, but express my daily ratings on all currencies, this will determine my position on all currency pairs involved (15).In direct comparison of two currencies that make up a given pair, it is always assumed that that is the highest ranked will appreciate what I consider to be the next day.

For now I can not even share the account data I created for this operating strategy, and what I said in previous post, since it is only publicly visible after they are closed at least 30 positions, a situation that has not been the case.

I'll let the graphs showing the relative strength index among the currencies considered in the strategy for the period of 3 months, 20 days (one month) and 4 days.

Based on the analysis determined the following classification of currencies:

1 AUD

2 GBP, JPY

4 EUR

5 USD

6 CHF

This will be reflected in the portfolio of forex, the market opening on Sunday, introducing changes to the portfolio they hold today.

I can say that will close three positions that have won (at the beginning of the market on Sunday will see whether this situation will remain).