I'm an idiot... AUD/JPY is bouncing off 87.7. Replace every 86 with an 87 and you might have a wee bit better tip. AUD/JPY bounced off 87.55 though, so this may not play out the same tomorrow...
November 24, 2005 Account Equity: $98,346 Unrealized P&L: $708 Net Asset Value: $99,054 AUD/JPY: Long 2 units. Quiet day, AUD/JPY finally broke through 87.7. We'll see how the retracement goes.
November 25, 2005 Account Equity: $98,366 Unrealized P&L: $804 Net Asset Value: $99,170 AUD/JPY: Long 2 units. AUD/JPY doing alright, I'll wait and see whether I should add another unit next week.
November 28, 2005 Account Equity: $97,512 Unrealized P&L: $1,332 Net Asset Value: $98,844 AUD/JPY: Long 3 units. NZD/USD: Long 1 unit. Starting to get interesting, just as the whipsaws were starting to wear on me (EUR/GBP, USD/CHF, USD/JPY all today!)
November 28, 2005 Account Equity: $97,542 Unrealized P&L: $1,224 Net Asset Value: $98,766 AUD/JPY: Long 3 units. NZD/USD: Long 1 unit. Boring day today, but you can't complain about boring if you're interest positive...
November 30, 2005 Account Equity: $97,576 Unrealized P&L: $2,170 Net Asset Value: $99,746 AUD/JPY: Long 3 units. GBP/JPY: Long 1 unit. GBP/CHF: Long 1 unit. NZD/USD: Long 1 unit. Added GBP/JPY and GBP/CHF on a big surge. AUD/JPY continues plodding upward...
December 1, 2005 Account Equity: $97,620 Unrealized P&L: $4,476 Net Asset Value: $102,096 AUD/JPY: Long 3 units. EUR/AUD: Short 1 unit. GBP/JPY: Long 1 unit. GBP/CHF: Long 1 unit. NZD/USD: Long 1 unit. Good day. It's starting to feel like the system is gaining traction and gaining enough to start offsetting the whipsaw losses.
December 2, 2005 Account Balance: $97,666 Unrealized P&L: $6,472 Net Asset Value: $104,138 AUD/JPY: Long 3 units. EUR/AUD: Short 1 unit. GBP/JPY: Long 1 unit. GBP/CHF: Long 1 unit. NZD/USD: Long 1 unit. Another good day. I'll have to agree with uninvited_guest though, I'll feel more comfortable when the unrealized P&L becomes realized P&L.
December 5, 2005 Account Balance: $97,824 Unrealized P&L: $8,138 Net Asset Value: $105,962 AUD/JPY: Long 4 units. CAD/JPY: Long 1 unit. EUR/AUD: Short 1 unit. GBP/CHF: Long 1 unit. GBP/JPY: Long 2 units. NZD/USD: Long 2 units. USD/JPY: Long 1 unit. No whipsaws today. Very unusual for a Monday, based on experience in previous weeks. Unrealized P&L getting high, wouldn't mind locking in some gains, but the system is designed to cut losers short and let the winners run - so let them run I will. I've hit a few risk controls. AUD/JPY is now loaded with the maximum number of units per cross, 4. I'm also short 8 units of JPY, the maximum individual currency exposure allowed by the system.