Thursday, February 3, 2011

AAPL short closed! Playing safe

Starting Balance = $2,500
Previous day's balance = $
3,633.66
Current Balance = $3,647.47
One day P/L = $13.81
Net P/L= $1,147.47


No Trade today, just holding what I have.

===============================================================
Over all a good day, ended the day in green so I am all happy. I will see you all Sunday night or Monday morning.



Starting Balance = $2,500
Previous day's balance = $3,580.59
Current Balance = $3,633.66
One day P/L = $53.07
Net P/L= $1,133.66

=======================================


***Trade Alert***

Short GBP/USD @ 1.63133

=================================


Starting Balance
= $2,500
Previous day's balance = $3,273.73
Current Balance = $3,580.59
One day P/L = $306.86
Net P/L= $1,089.59

Long Gold and EUR/USD short is working out well. New trades are also acting as expected.

Over all very good day! I will see you guys tomorrow with new charts and trade alerts.

Cheers!!




Here's why I closed my AAPL short! Chart explains it better. It's always better to play safe. I am happy with my profit, after all profit is profit.




Here's monthly GLD chart to show how the set up is working out in past months, look at the circled area how after every red month we get rally, similar set up in current run.



That's all for now I will update you all when I make any changes to my current position.

Cheers!!
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