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A new trading week is already underway, which means a fresh batch of daily updates. So, how did the two Variants fare during the first trading day of the new week?

GBP/NZD’s price action on September 10 was choppy and sideways-moving during the first half of the day. And as a natural consequence, some losing trades were generated.

However, there was a very nice 240-pip uptrend during the second half of the day. And the system was fortunately able to ride that uptrend. More importantly, the gains harvested by both Variants were more than enough to offset the losses, so both Variants came out ahead.

As for specifics, the Fixed TP Variant was able to extend its gains a wee bit and is now up by 3.39% for the month (+2.90% previous).

The Trailing Variant, meanwhile, was able to ride out the uptrend and got a more bountiful harvest, pushing its gains for the month to an impressive 6.70% (+5.11% last Friday), which also happens to be a fresh high water mark.

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 (Sept. 10)
GBP/NZD: 1-Hour Forex Chart (Sept. 10)
Trade Details (Click to enlarge)

The Trailing Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (Sept. 10)
GBP/NZD: 1-Hour Forex Chart (Sept. 10)
Trade Details (Click to enlarge)

The Month So Far

Equity Curve Comparison (Sept. 3-10)
Equity Curve Comparison (Sept. 3-10)

By the way, if you want to know how the system fared in August, then go ahead and click on the link below.

And, 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!

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