Partner Center Find a Broker

A new 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?

Before anything else, just note that last Friday’s trade # 72 is now relabeled as trade # 73 because the pending order for the actual trade # 72 was triggered on Monday, as you can see below. 

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

With that said, there was a steady uptrend on November 19 and the system was able to open one profitable trade in the direction of that uptrend.

And, as mentioned earlier, one of the pending orders from last Friday was also triggered. And that, as well as the open trade from last Friday, were also profitable, allowing both Variants to hit fresh high water marks for the month.

However, GBP/NZD’s price action became a choppy mess during the later half of the day. And unfortunately, a couple of losing trades (and a potential loser) were generated.

Both Variants came out ahead, though. The Fixed TP Variant is now up by 3.71% for the month (+2.95% previous), but hit a fresh high water mark of 4.50%.

The Trailing Variant, meanwhile, is now up by 3.96% for the month (+3.67% last Friday) after hitting a fresh high water mark of 4.75%.

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

The Trailing Variant’s Trade Details

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

The Month So Far

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

By the way, if you want to review how the system performed in October, 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