Free web analytics, website statistics Statistics

GalleonFX - 01/22/07 C25: 25% in 2 months? Take a look at the REAL potential.
Subscribe: Galleon News & Performance Updates

Name:
Email:
Subscribe Unsubscribe

Login or Register

Join Our Team

Affiliate Info
Help Wanted
Home arrow News arrow 01/22/07 C25: 25% in 2 months? Take a look at the REAL potential.
01/22/07 C25: 25% in 2 months? Take a look at the REAL potential.

As previously mentioned, PAMM accounts had incorrect "exit" mistakenly put in place which was fixed earlier this month.  Though, PAMMs accounts missed out on the majority of the 2 big gains we had in the last 6 weeks, we should still do the C25 system justice and relay to you the TRUE potential of C25 and what everyone has to look forward to in 2007.

As we will show you in the charts and statements posted below, our Cannon 25 (C25) system was jumping on these big moves in the right direction and had nearly perfect entries and exits.

Keeping up with several other managed account trading systems out there, it came to our attention that the large decline in the USD at the end of November 2006 unexpectedly caught many other traders off guard and nearly wiped out some of them. 

We believe that the true strength in a long term and powerful trading system is to both minimize draw downs while being in a position to capitalize on the large moves.  The truth is, that it is the LARGE moves like we saw in the EUR/USD (as a result of the USD tanking in November) that really make you or break you.  If you can be on the right side of the fence when these large moves happen then you are less likely to take any significant losses.  The information on this page is intended to show you that Galleon and C25 are on the right side of the moves, and should strengthen your confidence even more as to the profit potential and longevity of our automated trading systems.

Our latest changes to our Cannon System, C25 were implemented in November 2006,  just in time to test it on one of the largest short term drops we have seen in the USD.  This USD drop corresponds to a strengthening EUR/USD pair.  The highlighted area below in the charts are the approximate times the C25 was in 4 EUR/USD positions.  As you can see by the chart and corresponding trades below,  C25 timed the entry and exits of these trades nearly perfectly.

Image 

The below trades were the only ones open at the time of the EUR/USD run up.  Notice the dates and the gains.  These gains would have been typically seen on a 75k to 100k account.

Image


 

After the quick plunge in the USD in the later part of November the USD had a strengthening rebound the first week of January.  Since the USD/CHF moves inversely proportionally to the EUR/USD, C25 gradually entered 4  long USD/CHF positions to once again ride this big move as seen in the chart below.  The highlighted area is the approximate time of these 4 significant positions.

Image

At the time this report was run, these positions were still open which is why you see them shown as open positions.  At the time of this writing (1/22/07)  these positions have since been closed for about the same profit as shown here.

Image

These early January gains were about half the movement of the Nov EUR/USD gains, but again, are significant in showing the ability of C25 to capitalize on the big moves and its perfect timing. 

You can also view the full PDF Report these images were taken from.   The net returns during this time period from Nov 1st, 2006 to January 10th, 2007 are about +25%. 

Though this report is generated from  demo account, we would not be showing it unless we had other large client real money accounts with the same trades and results to back this up.  We run demo accounts alongside client accounts so that we can publish these results without infringing on clients privacy.  Demo Reports have the added benefit of being much easier to read with easy to decipher entry and exit dates as opposed to PAMM accounts where positions are opened and closed everyday making report reading confusing.

Sanitized 1 Million Dollar Account Reports are also available to serious inquiries. These reports show the same exact trades and gains as the above demo shows.

Unfortunately our PAMM clients did not see the potential results of these 2 big moves due to the incorrect exits in place during this time.  As of about January 12th these exits have been fixed.  The real reason in showing the above results is to demonstrate the true potential of C25 and what clients can now look forward to going  into 2007.

 

 

 

 

 
© 2009 GalleonFX