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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?

Well, volatility evaporated, intraday price action was choppy, and GBP/NZD was basically trading sideways for the entire day. In other words, trading conditions were rather terrible.

GBP/NZD: 1-Hour Forex Chart (Nov. 23)
GBP/NZD: 1-Hour Forex Chart (Nov. 23)

Worse, lots of trades were generated during the course of that terrible day. Worse still, of the seven trades that were closed that day, only one was a winner. However, that winner was closed out at SW, which didn’t do diddly squat in offsetting any of the losses.

You know what that means, right? That’s right! It’s time to bring out this guy again.

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

And thanks to the losses incurred on November 23, both Variants were forced to surrender large chunks of their gains. Boo hoo!

The Fixed TP Variant is now only up by 2.72% for the month (+4.66% previous) while the Trailing Variant is now only up by 2.04% (+3.97% 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 (Nov. 23)
GBP/NZD: 1-Hour Forex Chart (Nov. 23)
Trade Details (Click to enlarge)

The Trailing Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (Nov. 23)
GBP/NZD: 1-Hour Forex Chart (Nov. 23)
Trade Details (Click to enlarge)

The Month So Far

Equity Curve Comparison (Nov. 1-23)
Equity Curve Comparison (Nov. 1-23)

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