Update for 20110712

Still no pair divergence system trades in July so far. All the Euro zone fears are causing people to dump euros and move money into "safe" currencies, one of which being the swiss franc. EUR/CHF is down 700 pips so far this month. EUR vs. CHF daily correlation over the past 50 days (~beginning of May) is only -45. It's usually much closer to -100 and a reason why I've been able to trade the way I do.

As an alternative for pair divergence, I've been looking at AUD/USD and USD/CAD, but I haven't done anything with them yet.

I'm trying some new trade ideas in the mean time. Some supply/demand price level analysis as well as simple Murrey Math price level trades. No big money on the new ideas so far, but that'll come within the month I hope.

Update for 20110706

Three trades since the last update, with two losses and one win. No trades in July yet.

For the month of June I lost 13.1%. I'm frustrated, but determined.

No change MTD
Up 3% YTD
Up 19% Since inception (4/19/2010)