For the week ended 20 April, Capital3x portfolio made +635 pips over 37 trading calls. 22 Trading calls hits target while rest were either closed cutting losses or were stopped out.
For the month of April, an overall 109 trading calls have been issued with 68 trading calls hitting targets while 41 being closed or stopped out. For the month of April, a cumulative +1768 pips have been achieved over the 109 trading calls. The weighted success ratio was 82%.
Markets this week opened with gap down on risk assets on Monday (April 16) in Asia. Capital3x mentioned the possibility of such an event on Friday (April 13) which is why were carrying over 5 position all of which hit their targets. In the next 48 hours after that, we were buzy re aligning our portfolio to take advantage of any counter trades and we were right on the buck as we saw EUR/JPY, AUD/JPY stage a remarkable come back to nearly 50% of their falls from their recent peaks. Our FX indicator has been serving us well over the last few weeks.
The week also saw the breakout of Bunds to all time highs. EU Schatz flipped at 110.50 levels with spikes over that level but it still dipped back into the trading range of 110.45 to 110.5 which allowed SPX to counter rally from 1355 to 1388 twice in the same week. The UST2Y closes well above key level of 110’06 all of which is sending us clear signals of what is to come. We have discussed these issues in detail in the Capital3x Live Trade Room.
There are still open trading positions standing over the weekend with our latest biases. Of course that is only visible to our subs.
Thanks for all the recos.
Happy weekend and see you all in Asia.