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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?

As you can see in the chart below, GBP/NZD continued to trend steadily lower during the first half of October 19.

GBP/NZD: 1-Hour Forex Chart (Oct. 19)
GBP/NZD: 1-Hour Forex Chart (Oct. 19)

And if you thought that the Trailing Variant had a really great time, then you’re sadly mistaken since there was only one open trade in the direction of the trend (trade # 69), and unfortunately, that trade was closed out when trade # 70 was triggered.

And to make matters worse, trade # 70 was closed out with a full loss and the system wasn’t able to generate additional trades in the direction of the downtrend.

Given all that, the Trailing Variant was actually forced to shed some of its gains and is now only up by 16.96% for the month (+17.04% previous).

The Fixed TP Variant, meanwhile, was able to capture even more gains and is now up by 5.86% for the month +5.47% 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 (Oct. 19)
GBP/NZD: 1-Hour Forex Chart (Oct. 19)
Trade Details (Click to enlarge)

The Trailing Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (Oct. 19)
GBP/NZD: 1-Hour Forex Chart (Oct. 19)
Trade Details (Click to enlarge)

The Month So Far

Equity Curve Comparison (Oct. 1-19)
Equity Curve Comparison (Oct. 1-19)

By the way, if you want to review how the system performed in September, then you can do that by clicking on the link below.

And if you need to check out how the system fared in the previous weeks, then go ahead and click on the links 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