Saturday 2 August 2014

July 2014 : How are we travelling?

July was a positive month on the All Ordinaries and the portfolios reacted accordingly.  The cloud on the horizon was in the FX trades which were negative 2.50%.



I have decided to use the SAR as a hard stop on the FX trades in an attempt to avoid so many full 1.0 R losses (and also to remove emotion and guesswork from meandering trades)  I have modified all the settings to 0.05 and am using the prior days SAR.  Here is the only open trade with a stop now of  0.7941



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