Trading Report - Zero Line Cross
The zero line cross trading system had another profitable week last week. The results on the ZG (Gold futures market), with a 5 minute chart, were as follows :
Monday - The first trade was a short, and made up to 76 ticks profit. There were no further trades.
Tuesday - The first trade was a long, and was a losing trade. The second trade was a short, and made up to 41 ticks profit. The third trade was a long, and made up to 57 ticks profit. There were no further trades.
Wednesday - The first trade was a long, and was a losing trade. The second trade was a short, and made up to 125 ticks profit.
Thursday - The first trade was a short, and was a partial losing trade (-2 ticks). The second trade was a long, and was a partial losing trade (-7 ticks). The third trade was a short, and made up to 98 ticks profit.
Friday - The first trade was a long, and made up to 32 ticks. The second trade was a short, and made up to 13 ticks. The third trade was a long, and made up to 40 ticks.
Your exact amount of profit will vary depending upon your target and stop loss, but as an example, trading 1 contract, with a target of 25 ticks, and a 10 tick stop loss, the zero line cross trade would have made a profit of 136 ticks or $1,360.
If you would like more information about the zero line cross trading system, complete information can be found in the zero line cross tutorial.
buy stock
Thursday, June 14, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment