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Another Forex News Trade Loss
Friday, June 23, 2006

I had a quick news trade loss as the market moved mostly before the announcement and not after.  Loss of 12 pips (6 pips x 2 lots)

This concludes a week where news trades lost 51 pips for me on a total of 5 trades.  I got the big bagel...  0 wins, 4 losses on 2 news trade announcements.  

As always, my performance is documented below for the 3 weeks I've been automated trading the news.   3 weeks, +29 pips.

http://www.forexproject.com/Forex_Engine_Trades/

http://www.forexproject.com/FX_Engine_Performance/

Week # Pip P/L Gross P/L Total # of Trades Total Winning Trades Total Losing Trades Total Even Trades Avg. Winning pips Avg. Losing pips
1 58 $58 2 2 0 0 29.0000  
2 22 $22 5 2 3 0 20.5000 -6.3333
3 -51 $-51 4 0 4 0   -12.7500
Total 29 $29 11 4 7 0    
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Last Updated ( Friday, June 23, 2006 )
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