At the end of a grinding week, it has been a slow and steady progress for the Capital3x portfolio. The desire to close out losses early has made many a trades to be closed out early or cancelled at the slightest notion of a turn in the market as indicated by the Capital3x bond Indicators (Falcon and Gladiator).
As noted over the course of the week at the Live Trading Room and in our daily update analysis and charts, we have been trading light as long as the markets have been in the sucker zone of 1270 and 1330 which also signified an important zone below a major volume hole at 1330. We have closed the week above that level and this will be important for next week trading activities. Be there with us as we chart and trade out these difficult market times. In such markets, it is extremely important to be nimble and fast which is what we have displayed over the last 5 trading days not allowing any position to suck us in.
Excluding trades that have been cancelled, we executed 23 forex trades this week making +266 pips. 12 trades hit targets and 5 were stopped out while the rest were closed out. For the month of June, we executed 34 forex trading calls out of which 18 hit targets (green rows) and 8 were stopped out (red rows) while 8 were closed out (orange rows). As always the stopped trades do not lose too much which allows the Captial3x portfolio to score well when the trades hit their targets.
On the futures portfolio, 4 trades were executed with all 4 hitting targets for a total of +23 handles. There was not a single stopped trade this week on the futures portfolio. This brings the total number of futures trades executed for the month of June to 7 trades. Two trades were stopped and total of 25 handles have been secured.
See you next week and hopefully to a more free flowing markets with clear trends.
Good health, Good food and enjoy a great week.