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

Well, it was mixed since the Fixed TP Variant was able to eke out some gains and is now up by 1.64% for the month (+1.43% last week), while the Trailing Variant gave back even more gains and is now only up by 5.54% for the month (+5.99% last week).

The new trading week began where the previous trading week left off, so June 11 was another choppy day with limited volatility and somewhat sideways price action.

There was enough volatility to hit TP on the winning trades while meeting the condition for moving SL to RSL, so the Fixed TP Variant was able to come out ahead.

However, the lack of strong intraday trends and choppy price action action meant that the Trailing Variant’s winning trades all closed below TP, so gains were just not enough to offset the losses and the Trailing Variant was forced to give back even more hard-won gains.

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 11)
GBP/NZD: 1-Hour Forex Chart (June 11)
Trade Details (Click to enlarge)

The Trailing Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (June 11)
GBP/NZD: 1-Hour Forex Chart (June 11)
Trade Details (Click to enlarge)

The Month So Far

Equity Curve Comparison (June 1-11)
Equity Curve Comparison (June 1-11)

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