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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?

As feared, trading conditions didn’t really improve on September 17 since GBP/NZD just traded roughly sideways for the most part and volatility was still limited.

Given all that, both Variants continued to shed their gains. The Fixed TP Variant, in particular, is barely holding on since it’s now only up by 0.03% for the month. It was up by 0.83% last Friday.

The Trailing Variant, meanwhile, is still well in positive territory, but it’s now only up by 1.45% for the month (+2.26% last Friday), so its buffer is slowly but steadily getting eroded.

The lack of volatility is particularly vexing since one of the winning trades (trade # 60) was just 6 pips away from reaching TP, but the pair reversed course and took out the trade at SW. Boo hoo!

Hello darkness, my old friend
Hello darkness, my old friend…

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. 17)
GBP/NZD: 1-Hour Forex Chart (Sept. 17)
Trade Details (Click to enlarge)

The Trailing Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (Sept. 17)
GBP/NZD: 1-Hour Forex Chart (Sept. 17)
Trade Details (Click to enlarge)

The Month So Far

Equity Curve Comparison (Sept. 3-17)
Equity Curve Comparison (Sept. 3-17)

By the way, if you want to know how the system fared in August, then you can do that by clicking on the link below.

And 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!