October 15-20

Open Trades = 6
Floating gain/(loss) = (15.9490%)
Value of share = 1.2407 unit value

October 8-12, 2007

Open Trades = 4
Floating gain/(loss) = (12.71430%)
Value of share = 1.2427 unit value

October 5, 2007 update

October 1-5 2007

Open Trades = 4
Floating gain/(loss) = (11.5590%)
Value of share = 1.2277 unit value

Off-Topic: DESPERATE HOUSEWIVES' Unconscionable Remark

DESPERATE HOUSEWIVES' Unconscionable Remark; Lodge Protest, Sign Petition


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To view the episode, log in to www.abc.com, click on Desperate Housewives, look for the Sept 30 episode.

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Dear Ambassador Gaa:

Further to my email to you, aside from my recommendation to lodge a formal protest, kindly encourage officials and employees from the different Philippine consulates general, and the Filipino American community, to sign the petition on line, through this link:

http://www.PetitionOnline.com/FilABC/

We need as many signatures as we can gather to show ABC that we have the number, and that "In Unity, There Is Strength," (borrowing from MANILA-U.S. TIMES' slogan).

Here's what I emailed you earlier:

"Dear Ambassador Gaa:

"The Philippines and the Filipino people have been insulted by some racist remarks in the "Desperate Housewives' TV show" when Susan Mayer Delfino, played by actress Teri Hatcher, stated in its September 30, 2007 broadcast: "Okay, before we go any further, can I check those diplomas? Coz I would just like to make sure they are not from some med school in the Philippines."

"The insult was directly hurled at some med schools in the Philippines, but ultimately, it impacted on every Filipino all over the world.

"I am bringing this to your kind attention so we can officially lodge a formal protest against the Management of the Desperate Housewives TV program for them to apologize publicly to the Filipino people and to the Philippines, and to refrain from making such insulting remarks henceforth.

"Thank you."

New Update

After a long, long hiatus from blogging my forex activities, I am back again!

Although I stopped posting, I did not stop playing forex. Well, not technically. I have formed a group with some friends, and employ the straight hedging and inverse hedging techniques, and assigned someone from the group to be on top on the daily trading activity. Then, we discuss the results of the trade on a regular basis.

Sometime mid-May, we restarted and reset the portfolio. Pooled our money together and begin our new journey to riches... hahaha! So far, to date, our gain is about 21%, but has a floating loss of about 14%, giving us a running net gain of about 7%. Not spectacular, but definitely better than bank rates!

Also, I have dropped the FreedomRocks subscription, and employ our own version of hedging. So far, the results are encouraging.

Inverse Hedging Trading

Last week, I have attended a seminar on forex trading that tackles on the technique of Freedom Rocks Hedging style. The main purpose is to time the entry and exit of the trading to optimize the profits.

I thought it was really a "worth the money" seminar, as I can get an online access of the seminar for me to review anytime.

In fact, my latest portfolio entry was based on that. And true enough, within hours, my portfolio turned into positive, wiping out the spread's expense and then I gain some more. Unfortunately, I exited the market a little early last Friday. But just the same, after 3 hours, I have to exit it, according to the charts.

It's very simple, really. And I think any FreedomRocks members can easily understand this seminar. BTW, as I mentioned above, there's also an online recorded webinar that you can enrol, if you are not from Manila. Plus, there's a one-year free email consultation from the author.

You can email me, pinggarcia@gmail.com, and I can give you the email address of the author.



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Portfolio 16

Portfolio 16

400:1, 10%, 2pairs, mini
EUR/USDm 1.3637
USD/CHFm 1.2010

Opened: April 27, 2007
Closed: April 27, 2007

Portfolio Gain/(Loss): + 3.10%
March MTD Gain/(Loss): + 11.98 %

Portfolio 15

Portfolio 15

400:1, 20%, 2pairs, mini
EUR/USDm 1.3637
USD/CHFm 1.2010

Opened: April 25, 2007
Closed: April 25, 2007

Portfolio Gain/(Loss): + 0.50%
March MTD Gain/(Loss): + 8.88 %

Portfolio 14

Portfolio 14

400:1, 8%, 2pairs, mini
EUR/USDm 1.3583
USD/CHFm 1.2077

Opened: April 23, 2007
Closed: April 23, 2007

Portfolio Gain/(Loss): + 0.50%
March MTD Gain/(Loss): + 8.38 %

Portfolio 13

Portfolio 13

400:1, 20%, 2pairs, mini
EUR/USDm 1.3550
USD/CHFm 1.2127

Opened: April 17, 2007
Closed: April 20, 2007

Portfolio Gain/(Loss): +2.0%
March MTD Gain/(Loss): + 7.88 %


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