Analyze Capital Trading Contest

http://groupanlz.blogspot.com/2009/12/contest-update-for-122209.html










Lealex48

This
is for the 22nd where yesterday major pairs were down against the
dollar. Today it is the opposite with Dollar down (equities up) with a
positive net change.

It is starting to show that I am slowly recovering losses. It is most likely that this trade will result in a small lost.

(Entry FXE: 146 to lows of 142 and now back around 143).

Dark_Trader

Dark_Trader
is still struggling with his C position where he bought in at 3.46 and
prices are now at 3.27. I had much trouble with C over a long term last
trading game, so I opted not to trade this since this game's time frame
is much longer and I am on partial vacation. Trading C requires much
more needed vigilance from my experience.

In terms of his UNG
trade it is also going against him currently (short entry at 10.08 and
current at 10.68). It seems prices are being supported by short term 50
SMA interaction. Overall, there is a high probability that prices will
fail and break below the 50 SMA if Nat Gas is still in a down trend.
The issues is I see the prices being supported for at least another 1
to 2 weeks.

Dextor and ClarkChu

Both
are leading with strong cash positions. But this won't be enough to get
ahead of others for this contest in the given time frame like last game.




If you wish to join the game shoot me an email. Cash prize will be awarded.


-----

Alexander Lê
Analyze Capital LLC
Managing Partner
email: le.alex48@gmail.com

Hey Snapman,
I can see you still stick to your long EURUSD, be careful of the hope to see losses recover, my friend, they do recover until the day they don't...

BTW, can you provide us with more details on the rules of your trading game and what markets/instruments can be traded?

Sauros wrote:

Hey Snapman,
I can see you still stick to your long EURUSD, be careful of the hope to see losses recover, my friend, they do recover until the day they don't...

BTW, can you provide us with more details on the rules of your trading game and what markets/instruments can be traded?

All is fair game within the already given parameters of the game. You have to explore what investopedia offers in terms of products. But im sure you can buy all stocks, etf's and maybe mutual funds. You can even employ option strategies.

* side note: I just arrived in London btw, are you around now?

anyway: I hope that helps, other than that everything is fair game. Anymore questions just respond here/pm/email/comment on contest updates via blog.

Glad you are joining this one! we got some mean ready players this trading game around!



---

As my EUR position im watching the charts as close as i can. But i made decent recovery but Im still expeciting a slight lost on that play.

-snapman

snapman wrote:

* side note: I just arrived in London btw

I'm on holidays abroad and won't be back to london before Jan 3. We'll meet next time

Sauros wrote:

snapman wrote:

* side note: I just arrived in London btw

I'm on holidays abroad and won't be back to london before Jan 3. We'll meet next time

my plans changed, ill be in london from the 10-14 as well, just a heads up. Though I figure you will probably very busy but let me know if anything can work out.

-snapman

Snapman wrote:

Sauros wrote:

snapman wrote:

* side note: I just arrived in London btw

I'm on holidays abroad and won't be back to london before Jan 3. We'll meet next time

my plans changed, ill be in london from the 10-14 as well, just a heads up. Though I figure you will probably very busy but let me know if anything can work out.

-snapman

Arghh, I'll be in Paris from the 9 to 17, I think I mentioned that to you earlier...