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Forex (FX) trading carries a high level of risk and is not suitable for all investors. Forex can be traded with a high degree of leverage, which can work for you as well as against you, and it is possible to lose more than you invest. You should only invest funds that you can afford to lose and do not need to support yourself or your family. You should carefully consider all risks involved with forex trading as well as your financial situation, investment objectives, and risk tolerance before investing. Forex is traded over-the-counter (OTC) and not on a regulated Exchange.
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Triton update for today

By admin • Jun 2nd, 2008 • Category: Triton

Below is from Triton. I like the way he thinks in pips - makes his product more easily scalable from a mental/emotional perspective, it will be easier for him to grow into managing large amounts of capital assuming he continues to do well. I asked if he thought his systems would hold up - he said one pattern he likes he found references to back in 1880, so he thinks that’s good reason to see it continue to repeat.

From Triton:

Another good day and what a day to get the week and month off to a good start, Fridays small losses covered and a profit for the day as well. Very nice

Nothing really much to report from a market view side of things. Although we are starting to see the movements open up again which is great but lets not start high 5’ing each other just yet on the back of a few good days. The proof is in the long term consistency of the strategy which is dictated by market movements.

Nothing held over the weekend

Trades today

GBPJPY

4/6ths position +25

1/6ths position +120

1/6ths position – open to be held overnight.

GBPCHF

4/6ths position +15

1/6ths position +110

1/6ths position – open to be held overnight.

EURJPY – no trades

CADCHF – yes we now have a stable data feed folks J

4/6ths position +20

1/6ths position – open will manage as usual might get lucky and could roll to overnight for some bonus pips, doesn’t happen too often but you never know J

1/6ths position – open to be held overnight.


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  1. […] Triton update for today 4/6ths position +15. 1/6ths position +110. 1/6ths position – open to be held overnight. EURJPY – no trades. CADCHF – yes we now have a stable data feed folks J. 4/6ths position +20. 1/6ths position – open will manage as usual might get … […]

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