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?

They both fared very, very, very well. We’re only two trading days into the new month and the Fixed TP Variant is already up by 2.01%. The Trailing Variant, meanwhile, is up by a whopping 7.37%. Wowzers!

It almost seems like the system is making up for last month’s disappointing performance.

Anyhow, the open trades from last Friday were mostly winners and the system then generated three more trades on June 4. And it just so happens that all three trades were winners.

Moreover, there was a 215-pip downtrend on June 4 and the Trailing Variant was able to ride most of that downtrend, hence it’s super solid performance.

Pretty amazing how much the Trailing Variant can win in just two days with strong intraday trends, huh? If only trading conditions stay this way!

And remember, the historical average daily range on GBP/NZD is around 225 pips, so trading conditions haven’t actually normalized just yet.

At any rate, the Trailing Variant now has a very large buffer. It’s therefore very likely that the Trailing Variant will close out the month in the green, even if trading conditions deteriorate again. 

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

The Trailing Variant’s Trade Details

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

The Month So Far

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