2011-09-03rd (Sat)

My previous report was made on 2011-08-25th (Thurs) , and in the past six trading sessions we have been fine tuning our algorithm.

It is not perfect but less messy enough for us to turn it alive.

It did produce some false signals, we over rided some trade decisions, and allowed some to go through.

Ultimately as a trader only the trades matter.

At the end of the previous trading session I had the following position;
Short 250,000 USDCAD with ACB of 0.98863

Buy 100,000 USDCAD at 0.98132 (2011-08-28, 17:16 pm EST)
Sell 100,000 USDCAD at 0.98000 (2011-08-30, 05:18 am EST) for an insignificant loss.

Buy 100,000 USDCAD at 0.97738 (2011-09-01, 14:02 pm EST)
Sell 150,000 USDCAD at 0.98000 (2011-09-02, 08:30 am EST) for an insignificant gain.

Sell 50,000 USDCAD at 0.98317 (2011-09-02, 15:57 pm EST)
Sell 200,000 USDCAD at 0.98500 (2011-09-02, 16:35 pm EST)

Currently I have the following position;
Short 550,000 USDCAD with ACB of 0.98183

USDCAD closed at 0.98545 (2011-09-03, 13:59 pm EST)

Our position has grown larger but we have the available margin.

Our first line of credit was activated on 2011-06-16th (Thurs) and our second line of credit was activated on 2011-06-29th (Wed).

Total equity is 0% of June 1st and we are committed to trade ourselves back to our High Water Mark.

Stay Tuned,

Jeff
(2011-09-03, 14:00 pm EST)