Monday 13 June 2011

May 2011 review.

There were 12 trades in May 2011 for the eminiglobex system, 9 longs and 3 shorts.  The system made a profit of 8.5 ES emini points, less commission and other fees.  This was an average monthly return, both in terms of returns and trade frequency.  11 out of the 12 trades were profitable, but it was another frustrating month as, for the losing trade, the system was stopped out on the low tick of the day.

The S&P market is still in bullish mode, with quiet volatility.  The FED POMO is scheduled to finish at the end of June 2011 and this represents further risk to the market imo.

Good luck with your trades in June.