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Weekly Performance

December 8th – 12th

Monday: EURUSD had a great opening. Saw a long opportunity at 1.2284 and was able to close at 1.2300 with a 32% gain. USDJPY also had some amazing movement. Saw a good support zone around 120.85 and jumped in for a short down to 120.5 bringing in 77.75% 

Tuesday: Saw some shorting opportunities in USDJPY but went with the trend and decided to go long around 120.05 and was stopped out at 119.75. In total we lost about -35.10% and -77.30%. Though with proper risk management we were able to defeat a massive loss that would have happened.  

Thursday: EURJPY had some great volatility on Thursday. Saw a lot of opportunities but waited for the proper indication to jump in for a Long position. Opened two positions while prices bounced around and was able to lock them in at 147.58 and close at 147.71 - the second position opened at 147.72 and closed at 147.91 bringing in 26.40% and 43.67%

Friday: Kept our eyes on EURJPY after that great long positioning we got in and saw another opportunity to short on the retracement for the day at 148.05 to 147.70 gaining 117.60%

In total we accumulated 16.7% off our Equity

 

DAY (M-F)

Action

Open

Close

Gain

12/08/2014 (M)

BUYEURUSD

1.2284

1.2300

32.00%

12/08/2014 (M)

SELLUSDJPY

120.85

120.50

77.75%

12/09/2014 (T)

BUYUSDJPY

120.07

119.87

-35.09%

12/09/2014 (T)

BUYUSDJPY

119.98

119.75

-77.30%

12/11/2014 (Th)

BUYEURJPY

147.58

147.71

43.67%

12/11/2014 (Th)

BUYEURJPY

147.72

147.91

26.40%

12/11/2014 (Th)

BUYUSDJPY

119.38

119.16

-36.95%

12/11/2014 (Th)

SELLUSDJPY

119.15

119.26

-36.93%

12/12/2014 (F)

SELLEURJPY

148.05

147.70

117.60%

Screenshot_27

All information in this post is publicly available on eToro.com which you can view Zach Chester‘s portfolio HERE 

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