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Thursday, June 14, 2007

Trading Report - Zero Line Cross

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.

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