Partner Center Find a Broker

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

Well, it was mixed. The choppy downtrend on GBP/NZD that started on July 5 extended its run during the first half of July 6, before running out of steam and then trading sideways.

The system was able to generate more trades in the direction of the trend and they were all winners. However, some losing trades were also generated when GBP/NZD traded sideways during the later half of the day.

The Fixed TP Variant was able to scrape by and is now up slightly by 0.04% for the month (-0.05% previous).

But sadly for the Trailing Variant, all winning trades were closed below TP, and the gains from those winners were just not enough to offset the losers. The Trailing Variant was therefore forced to take a step back and is now down by 0.98% for the month (-0.47% previous).

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 (July 6)
GBP/NZD: 1-Hour Forex Chart (July 6)
Trade Details (Click to enlarge)

The Trailing Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (July 6)
GBP/NZD: 1-Hour Forex Chart (July 6)

The Month So Far

Equity Curve Comparison (July 2-6)
Equity Curve Comparison (July 2-6)

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