FX Real Money Portfolio update and comments.

[Michael Yorba]

The USD decline and the Gold rally seems to me to be nearing the end of it's trend. I still see more upside for the metals as we go into the end of the year. I will be looking for a good place to reverse all positions as we bring December to a close.

The portfolio is up 80% sence I started trading this year 7/6/09.
Interest on the Balance is paying 4.5% per year.
Interest on the Working Capitol is paying 13.5% per year.
Leverage is Aprox. 6 1/2 to 1.

XAU/USD (Gold)
Cost 25.9% interest per year.
Origonal position is 941 current stop is 1117.

XAG/USD (Silver)
Cost 35.9% interest per year.
I took profit on all my origonal positions in the $13.00 to $14.00 area to reduce the leverage on the portfolio.
I now have a new position at $17.15 with a trailing stop at $17.87.

USD/ZAR (South African Rand)
Pays 103.9% interest per year.

USD/HUF (Hungarian Forent)
Pays 114% interest per year.

USD/MXN (Mexican Peso)
Pays 63.9% interest per year.

USD/TRY (Turkish Lira)
Pays 105.9% interest per year.