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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?

The choppy, sideways price action persisted during the first half the day, so both Variants initially looked set to close out the day with more losses.

However, volatility picked up during the later half of the day. And thankfully, both Variants were able to score a couple of wins, allowing both Variants to recover a bit from the heavy losses sustained on August 23.

GBP/NZD: 1-Hour Forex Chart (Aug. 24)
GBP/NZD: 1-Hour Forex Chart (Aug. 24)

The Fixed TP Variant managed to recover slightly and is now up by 1.03% for the month (+0.81% previous). That’s a weak bounce, but better than nothing. The Variant was up by 3.44% last week, though, so the Variant had a rough time this past week.

As for the Trailing Variant, it also recovered somewhat and is now up by 2.10% for the month (+1.68% previous), which is a decent performance, but is kinda disappointing when you consider that the Variant’s high water mark for the month is +8.27%. Also, the Variant was up by 5.86% last week.

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 (Aug. 24)
GBP/NZD: 1-Hour Forex Chart (Aug. 24)
Trade Details (Click to enlarge)

The Trailing Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (Aug. 24)
GBP/NZD: 1-Hour Forex Chart (Aug. 24)
Trade Details (Click to enlarge)

The Month So Far

Equity Curve Comparison (Aug. 1-24)
Equity Curve Comparison (Aug. 1-24)

By the way, if you need to check out the previous week’s performance, then go ahead and click on the 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