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The final trading day of the week is done and over with. So, how did the two Variants fare?

Volatility was tight and GBP/NZD didn’t really pick a direction on May 4. In other words, trading conditions were rather unfavorable, so both Variants inevitably generated a bunch of losing trades.

And as a result, the Fixed TP Variant is now down by 1.30% for the month (-0.10% previous). The Trailing Variant, meanwhile, was forced to erase its 1.21% in gains and is now down by 0.97% for the month.

Things could still improve for both Variants next week, though, since some trades are still actually open.

Anyhow, you can  check out the details by clicking on the relevant jump links below.

By the way, if you’re a first-time reader and have no idea what this is all about, then just know that I’m forward testing a purely mechanical trading system.

And if you find that interesting, then you may wanna click on the links below to read about and understand the rules of the system.

Also, if you’re wondering what the numbers on the charts are about, they refer to the trade #, based on the chronological order when the signal was generated, not necessarily when the trade was executed.

Oh, also note that you can find the details of each trade in the tables below the chart. If the table is too small to read, just remember that you can click on it to enlarge it.

The Fixed TP Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (May 4)
GBP/NZD: 1-Hour Forex Chart (May 4)
Trade Details (Click to enlarge)

The Trailing Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (May 4)
GBP/NZD: 1-Hour Forex Chart (May 4)
Trade Details (Click to enlarge)

The Month So Far

Equity Curve Comparison (May 1-4)
Equity Curve Comparison (May 1-4)

Okay, that’s all for now. And as always, I enjoy your feedback, so if you have any questions, or if you found a possible error somewhere, or if you just want to say “hi”, then don’t be shy and write a comment down below!

Cheers!

Happy