Zulutrade SP: [B][U]Fxturtle[/U][/B]
Performance update - End of October 19, 2012.
Took around 350 pips of profit last week. One position remain open.
Technical view - There is no clear direction for now. It broke it previous high, but close below it and it is drifting lower.
Zulutrade SP: Fxturtle - EURUSD
Performance update - End of October 19, 2012.
Took around 120 pips of profit last week. two positions remain open.
Technical view - It failed to break the recent high around 1.3170. Medium trend is still up until it break 1.2835. We will see if 1.30 holds this week.
Great job! You are in my “to watch” list 
Performance update – End of October 26, 2012
EURJPY Technical update
The rise was capped at 104.60, which is also the low on April 16, 2012.
Positions are now short and stop loss are in place to protect for sudden movement to the upside.
I have added you to my demo – Proper communication is teh biggest issue for SPs - I appreciate your replies here
Potential followers, if you decide to follow, please follow with the smallest possible lot size until you’re confident that I can perform according to your needs and comfortable of the way I trade. I want my followers to make money and have a long-term profitable relationship.
this is exactly how i am following you - 0.1 lots and max 5 trades
Are you still active ?
What do you mean?
oooooh he is very active and kicking indeeed!!
you should follow, results are great!:13:
Technical update: EUR JPY, EURUSD broke the rising trendline last week. We will see how low it can go. Personally i’m looking for a target of at least 300 pips from Friday’s close for both pairs.
Here is myfxbook accounts
My Zulutrade SP accounts are not performing as I would like it to be. I want it to be the same as in my live account, but i’m dealing with my own trading personality and my followers trading personality and I want to meet halfway, but my performance is affected.
So, moving forward, I will trade my Zulutrade account the same way I trade my live account. If followers cannot handle the swings, they can do two things:
Personally, my annual TP for each SP account are below, but having to tweak my strategy a little bit, I might not reach my annual target. As you can see in my history in Zulutrade, these targets are not unreasonable.
Fxturtle = 12,000 pips (DD not to exceed 1000 pips)
Fxturtle - EURUSD = 10,000 pips (DD not to exceed 750 pips)
[B][U]Zulutrade Fxturtle[/U][/B]
[B][U]Zulutrade Fxturtle - EURUSD[/U][/B]
fxturtle, very well stated my friend, very well and smart.
from my humble 16m trading experience with zulutrade - i’ve noticed followers are trying to alter one way or anther the SP’s strategies, but because there are so many different followers and so many different traders thath one can simply not satisfy their risk appetite at all.
EURJPY Technical update:
The pair made a strong bounce last weeks and it is tapping the declining trendline on the weekly. If this pair closes above 104.50 in the next few days, we are in for a rally. If a reversal candle takes places this week, we will be looking for a short entry.
I only took one position in Zulutrade due to the reason above to limit DD. However, I took three positions in my live account as I am comfortable with the risk i’m taking. If the pair breaks the declining trendline in the weekly, I am looking to add positions on a retrace.
'Till next weekend my good friends.
Fxturtle,
so far Nov performance is not that well…what happened?
Hi EDDY MO,
As my system is a trend following and the market has not really trended like the previous months, my performance will also not mirror the previous months. I take what the market will give. In market condition like this, I will try to get above water or minimize DD.
sounds fair to me, fxturtle.
true markets are not always favorable, and maybe (and here i am only generally talking) sometimes would be better to not ever trade, correct…
Because I will never know for certainty that it will trend or range, I will take positions on a limited/reduced basis, so as not to be left out if the pair would trend, but most importantly minimize potential losses.
good for you turtle…!!!
btw thank you for contributing from your time and talking to us, the followers, even here!!!
it does speaks quite a bunch in your favor!
November 2012 had a very poor performance for all my Zulutrade SP accounts. New month, new trading opportunities.
thats correct!!
i am reading good comments and expectations about this month…December will be giving us lots of pips
