Partner Center Find a Broker

A new trading week is underway, which means another batch of daily updates. So how did the two Variants fare?

There was a sweet uptrend on May 14. And fortunately the system was able to generate trades in the direction of the trend, which resulted in a bunch of wins. However,  a couple of the open trades from last Friday were losers. 

Even so, the Fixed TP Variant was able to shave off some of its losses but is still down by 3.32% for the month (-3.44% last Friday).

The Trailing Variant did even better and is now down only by 1.02% for the month (-2.39% last Friday).

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 14)
GBP/NZD: 1-Hour Forex Chart (May 14)
Trade Details (Click to enlarge)

The Trailing Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (May 14)
GBP/NZD: 1-Hour Forex Chart (May 14)
Trade Details (Click to enlarge)

The Month So Far

Equity Curve Comparison (May 1-14)

 

By the way, if you need to check out the previous weeks’ performance, then go ahead and click on the relevant link below.

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