The Week Behind
This is not a formal track record for the Drummond Geometry Daily Forecast.
To create such an item would require that we spend an enormous amount of work tracking a comprehensive catalog of buy and sell signals, stops, targets, and so forth. We don't do this and therefore we caution you: do not expect this to be something that it is not.
But at the same time we think it is helpful to keep a back-of-the envelope scratch record of how we might have done had we taken all signals during the week. If a trader intelligently and with good common sense applies the information in the Daily Forecast, how would it turn out over time? We think rather well…
Notes: "Specific" means trades for which we made calls with specific entries, exits, stop losses and targets. "Directional" means we were waiting for our entry to get hit and it missed, but we had the direction correct and the trade led to large gains (or losses) for those who took the trade on their own. Also, the roughly estimated profits and losses are calculated on the basis of one contract in the futures symbols and a $100,000 unit in the Forex trades.
Here are the totals for "The Week Behind"
Week ending July 23
Eur/Usd +90 (specific)
Eur/Jpy Breakeven specific)
Usd/Cad Breakeven (specific)
Gbp/Usd Breakeven (specific)
E-Mini - 8 (specific)
Crude Oil Breakeven (specific)
Gold Breakeven (specific) Yikes! Missed long entry at low of the week by $2/oz.
Silver Breakeven (specific)
T-Bonds Breakeven (specific) Yikes! Got the direction right but missed short entry at high of the week by half a point.
Total + $500 (specific)
Week ending July 16
A continuation of "keepin' our powder dry." We missed a couple of entries by a few ticks and that made the difference between what we had which was a flat week to what would have been a great week even in spite of the continuing challenging market conditions.
Eur/Usd -75 (specific)
Eur/Jpy +90 (specific)
Usd/Cad Breakeven (specific)
Gbp/Usd Breakeven (specific)
E-Mini - 8 (specific) Yikes!! We missed an entry by 3 points that would have led to +40 points and a $2 K profit!
Crude Oil Breakeven (specific) Double Yikes !! Missed 2 Entries by 25 cents and 40 cents respectively that would have led to $2 or $3 per barrel profit each for $5k + in profit.
Gold Breakeven (specific)
Silver Breakeven (specific)
T-Bonds Breakeven (specific)
Total (- $250) (specific)
Week ending July 9
A week to "keep our powder dry."
Eur/Usd Breakeven (specific)
Eur/Jpy Breakeven (specific)
Usd/Cad Breakeven (specific)
Gbp/Usd Breakeven (specific)
E-Mini - 6 (specific)
Crude Oil Breakeven (specific)
Gold Breakeven (specific)
Silver Breakeven (specific)
T-Bonds Breakeven (specific)
Aud/Chf Breakeven (specific)
Total (- $300) (specific)
Week ending July 2
A tough week, but our strict risk control kept the losses small.
Eur/Usd - 50 pips(specific)
Eur/Jpy -65 pips (specific)
Usd/Cad -50 pips (specific)
Gbp/Usd Breakeven (specific)
E-Mini - 20 (specific)
Crude Oil -$1.25 (specific)
Gold + $19.00 (specific)
Silver Breakeven (specific)
T-Bonds Breakeven (specific)
Aud/Chf Breakeven (specific)
Total (- $2,000) (specific)
Week ending June 25
A much better week than last.
Eur/Usd + 200 pips(specific)
Eur/Jpy + 100 pips (specific)
Usd/Cad Breakeven (specific)
Gbp/Usd + 80 pips (specific)
E-Mini Breakeven (specific)
Crude Oil + $4.35 (specific)
Gold + $18.50 (specific)
Silver + 6 cents (specific)
T-Bonds Breakeven (specific)
Total + $10,000 (specific)
Week ending June 18
Basically Flat with Solid Risk Management Across The Board During Tight, Choppy Markets.
During this flat period we did have a number of decent day trades that yielded a positive result for those day traders who followed all of the suggested day trades.
Eur/Usd Breakeven (specific)
Eur/Jpy Breakeven (specific)
Usd/Cad -10 pips (specific)
Gbp/Usd Breakeven (specific)
E-Mini - 15 points (specific)
Crude Oil Breakeven (specific)
Gold + $15 (specific)
Silver - .18 (specific )
T-Bonds Breakeven (specific) + 2 Full Points (directional )
Eur/Chf Special Report + 250 pips (specific)
Swiss Franc Futures Special Report - .0090 (specific)
Total +/- $0 (specific) + unknown amount Directional
Week ending June 11
Not as good as the prior week but nevertheless we show good results
Eur/Usd + 25 pips (specific) + 400 pips (directional)
Eur/Jpy Breakeven (specific) + 400 pips (directional)
Usd/Cad Breakeven (specific) +300 pips (directional)
Gbp/Usd - 75 pips (specific) + 250 pips (directional)
E-Mini Breakeven (specific) +35 points (directional)
Crude Oil Breakeven (specific)
Gold Breakeven (specific)
Silver Breakeven (specific)
T-Bonds + 5 Full Points (specific)
Nzd/Chf Special Report + 300 pips (specific)
Total + $7,500 (specific) + unknown amount Directional
Week ending June 04
We have just had our best week yet...here are the preliminary results as we head into Friday's close on June 4th.
Eur/Usd Breakeven (specific)
Eur/Jpy +300 pips (specific)
Usd/Cad + 200 pips (specific + directional)
Gbp/Usd + 300 pips (specific)
E-Mini + 30 points (specific)
Crude Oil + $5 per barrel (specific)
Gold + $15/oz (specific + directional)
Silver Breakeven (specific)
T-Bonds + 5 Full Points (specific)
Total Estimated: + $ 21,000
Four weeks ending May 28, 2010
1) Dollar Index (- 3 points)
2) T-Bonds (+ 3 points)
3) Corn (+- 0)
4) Gold (+ $25)
5) Crude Oil (+ $2)
6) Aud/Jpy (+ 200 pips)
7) Eur/Aud (+ 100 pips)
8) Usd/Cad (- 100 pips)
9) Gbp/Usd (+ 800 pips)
10) E-Mini (+ 69 points)
Total: $30,000.
NOTE WELL: We expect that your results will vary from the above since no two traders take action identically, and there are a lot of different ways to use the Daily Forecast. And of course you will keep in mind the indisputable fact that our past performance is no promise of our future accomplishments.
Please be careful when trading Futures and Forex. These markets are dangerous and you can lose a lot of money, more than you originally invest. Make sure that leveraged investments are appropriate for your circumstances. You and you alone are responsible for any trades you make.
Remember that all past signals, all past reports, and all past market discussions are available for your inspection and review in the archive. Just click on the calendar dates of your choosing and you will go to the postings for that day. You can also use the search function and the list of pages in the side panel.
Remember to read our Disclaimers.