Friday, March 09, 2007

bad results for euro and commodity currency trades

Since I have mostly euro denominated trades in the system, I have seen a big drop in my equity with losing euro and winning commodity currencies.

Total result since yesterday is -462 pips and most of them are belong to eurcad,gbpaud and eurnzd. Seeing this, I decided to drop 1 of 2 EURNZD and GBPAUD trades from the system and now we have total 10 currencies.

Anyway, we are still neare record high levels of the system (regarding to backtest data), I have a high level of curiosity about what will happen in the week.