Monday, April 2, 2007

W4: Monday

Welcome to Week 4 in my QRF experiment. This week, I'm trading at a profit-loss ratio of 2:1, with a 30 pip stop loss and a 60 pip take profit. This is the first week I originally expected to end profitably. Also, because our ratio is getting taller, I can expect to make less trades, and I can expect my positions to stay open longer.

AUD/USD:
EUR/USD:
GBP/USD: -

USD/CAD:
USD/CHF:
USD/JPY: +

Like most weeks, week 4 was off to a slow start. Only two trades closed today, the rest are being carried. Unlike most weeks, we started this Monday off with a PROFIT!

Realized Profit: $50.60, making this the first Monday that the QRF system closed with a profit instead of a loss. The system is, once again, matching my expectations.

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