Turtle Model

Turtle Model: Only close to buying (more) USDJPY

Filed in Turtle Model
Denmark, 24 October 2012 at 08:02 GMT+0
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The Turtle Model is currently:

  • Short 3 units WTI Crude from yesterday
  • Short 1 unit USDCHF
  • Long 4 units EURUSD
  • Long 2 units USDJPY
  • Long 4 units Natural Gas

See the PDF document Turtle Trading Model (Original) for more details.

Documents

2012_10_24_Turtle Trading Model (Original).pdf

Download document

2012_10_24_Turtle Trading Model (32 most liquid instruments).pdf

Download document

About the Saxo Bank Turtle Model

The Saxo Bank Turtle Model made its first trade on September 13, 2012, with an initial investment of USD 65,000. The model invests in a total of 15 instruments, including the S&P 500, softs like coffee and sugar, metals including gold, energy and five currency pairs.

Our Turtle Model is based on a trend-following trading system developed in the 1970’s that gives signals for trade entries, stops and exits, but also rules for risk management. The idea is to catch breakouts in major liquid financial instruments and ride the momentum until the trend slows down.

More info on the Saxo Bank Turtle Model

Disclaimer

Saxo Bank provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Saxo Bank accepts no responsibility for any use that may be made of these comments and for any consequences that result.

Please read our full disclaimers:

Disclaimer

Saxo Bank provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Saxo Bank accepts no responsibility for any use that may be made of these comments and for any consequences that result.

Please read our full disclaimers:
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