Shoukinryuu Weekly Performance Report (6/29–7/3) — Passed the ahead-of-schedule NFP week with every business day in the positive + Weekly +157,764 yen
This is a summary of Shōkinryū’s latest week (6/29–7/3). It was a volatile week, sandwiched with the irregularly scheduled Thursday release of the U.S. jobs data (NFP). Still, Shōkinryū managed tofinish all 5 trading days in positive,with a weekly total of +157,764 yen. Even when indicators caused big moves, the gains were steadily built through buying on dips suitable for long positions.
Note: Amounts are daily realized profits based on account balance. The high point was on 7/2, the day of the pre-scheduled NFP.
| Date | Major Market Events | Realized Profit |
|---|---|---|
| 6/29 (Mon) | Adjustments toward quarter-end | +26,059 |
| 6/30 (Tue) | Final day of Q2 | +15,354 |
| 7/1 (Wed) | Start of Q3; early-month indicators | +44,670 |
| 7/2 (Thu) | Pre-emptive U.S. jobs data (weaker result boosts gold) | +54,919 |
| 7/3 (Fri) | U.S. market closed for Independence Day; thin liquidity | +16,762 |
| Weekly Total | All 5 trading days positive | +157,764 |
In the first half of the week, gold drifted near $4,000 as positions were adjusted toward the quarter-end. Shōkinryū consistently bought dips that were oversold, accumulating gains on 6/29 and 6/30. In the latter half, the scene changed. The NFP data released on Thursday, 7/2,greatly underperformed expectations, triggering a dollar decline and a strong rise in gold. The level jumped from around $4,000 to around $4,180 in one move.
For Shōkinryū, which is long-only, this rebound provided an opportunity to catch the first move of the reversal, andthe highest weekly profit was achieved on 7/2 (+54,919 yen). Friday 7/3 had a market holiday in the U.S. with thin liquidity, but the dips near the highs were steadily bought, ending in positive territory. It was a week in which a volatile NFP week passed without leaving large unrealized losses.
- Amounts shown are past realized results,and do not guarantee the same results every week.
- Shōkinryū uses averaging down, so in markets moving strongly in one direction it may incur unrealized losses. Even if this week was positive, next week may not be.
- Results can vary by broker and gold instrument specifications. Always follow the recommended capital and lot sizes, and invest with available funds.
- Weekly total +157,764 yen ／ All 5 trading days positive ／ Daily average +31,553 yen
- Best profit on 7/2 (NFP day) +54,919 yen
- First half bought dips, second half captured rebound after NFP to accumulate
- Traversed a volatile indicator week without leaving large unrealized losses
Next week, in addition to daily records, we will share both good weeks and tough weeks without hiding them. For questions, please feel free to contact Asahina Lab (free community).
※This article is for information purposes only and is not investment solicitation. The performance results published are past results and do not guarantee future profits. FX/CFD trading involves risks. Please make investment decisions at your own responsibility.