Friday, March 25, 2011

Meta-Trader - In like a Lion

Welcome back Meta-Traders.

Spring knocked on our door last weekend with some warm temperatures and sunny conditions. Warm enough to considering bringing the patio furniture out of the basement and onto the deck. But alas, we got whacked with another winter snow storm and another blast of cold bring recalling the adage "March comes in like a lion and out like a lamb." But here we are on March 25th and the Lion is still on charge. Oh well ..

For equities it was "Risk on" with equities rallying sharply from last week and retracing about half of the drop from the recent recovery high set a mere 5 weeks ago. I re-entered a 1/2 postion in Netflix, added to government IT contractor CACI and started a new position in Pharmacy Benefit IT provider SXCI. Also, a multi-year holding HMSY (also in the health care cost containment area) broke out to new all-time highs this past week.

On the Forex side, it was pretty quiet verus last week's fireworks. Let's take it from the top.

Atinalla #1 picked up about 2.5% for the week and is up a solid 26.83% on the year.

Atipaq Full Portfolio gave back just over 1% from last week's stellar action. It went out long NZD/USD with about 87 pips in open profits.

Megadroid Live pickup up about 3.5% on the week. Regarding last week's post, I put on a small short in USD/JPY just under 81. The pair went sideways all week and zig-zagged in and out of profit. I went out with a 39 pip open loss. My stop is at 82.10 and i'm sticking with it for now.

FX-Regression went on a tear and rallyed hard from last week but ended up giving some back at the end of the week.

Atinalla FE Live picked up about 2% from last week, but remains down -2.5% on the year.

Atinalla #3 Live had a brief recovery, but ended close to recent drawdown. This account topped out earlier in the year up +12 for the year, but as of now is up just +3.3% for the year.

Atinalla #4 SM Live continues to languish and lost just over 1% for the year.

Finally Coatl EUR Centered Portfolio had another spectacular week and is now up over 31% for the year (after running it only 3 weeks) with another 530 pips in open profits. This is the one to watch.

Overall, i'm pleased with how things are going. On average, my live forex accounts are up +9.39% for the year versus about +4.5% in the SP-500. In reality, its much better in Forex since 2 of my best performing accounts have twice as much funds as most of my losers. In any case, i'm keeping a conservative perspective, since we never know what's coming next.

Cheers and have a fine weekend. Take a rest, you've earned it.

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