GalleonFX - 6/8/06 Zarqawi goes, USD Strengthens and C150 Profits (+15% First week)

Normally we don't post intra-month returns but since small losses last month might have discouraged a few of you we thought that posting our first weeks gains and rebound would give you something to look forward to as we start our first week off on a positive note.

Early this week our strategies were all Pro-USD nearly across the board. June 6th and 7th had some nice gains for both C150 and C450 and today on the 8th, we really saw things swing in our favor. With the news of the Qaeda leader in Iraq (Zarqawi) out of the picture, oil prices dropped and the dollar strengthened skyrocketing C150 accounts into new territory bringing it up about 15% for the month as of June 8th. Quickly recovering from the last months 3.7% loss. This first week jump is far enough that we should be able to hold onto some good profits for the month and we still have nearly 3 weeks to go.C450 had a nice jump as well but only 2.5%. This smaller increase for C450 is largely do to the fact that C450 is de-leveraged with more than 5 time less leverage than C150. C450 provides for much lower draw downs and slower steady growth.
Both C150 and C450 take advantage of big moves and volatility such as was seen today on June 8th.

Both C150 and C450 are available and open to clients for trading. Simply follow the instructions on the Open Account link on the top of this page.

Keep in mind that C150 is not nearly as diversified as C450 and to invest in C150 you must be able to stomach as much as a 15%-20% draw down whereas C450 draw downs have remained under 7%. We can't recommend one strategy set over the other but we post as much data as possible on our website in order for you to make an educated decision on which is the best for you.

Some people are choosing to invest in both C150 and C450.

If you already have a C450 account you can fund a C150 account with only $5000 USD.