Simonemql
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Simonemql
Ugh. If last week went quickly this week was long. A challenging Monday indeed and then, AUDUSD missed our TP by 2 pips. USDCAD missed our upside target by 20 pips and broke lower on stronger oil and weaker US dollar on Tuesday but recovered for our target on Thursday. NZDUSD was a scalp but is proving strong. We looked outside of GBP and EUR initially because of typical slow movement in these two pair, and at AUD, CAD for opportunities. Of particular note we have reduced risk in the Pound as GBPUSD dropped lower at long last, to our target. We are still earning positive swap from the remaining GBPUSD position and on all other open positions.
Simonemql
Ok so 52.5% for January in what was a challenging month for our GBPUSD trades. We still manage the open trades and try to keep drawdown low as it has been. This signal is still not live and we are trading the account for ourselves, for now. Once the pound has somewhat resolved itself we will move on with greater discipline for anyone interested in joining us in 2019.
Simonemql
This signal is still not available for subscription, therefore I don't have problem with pounds' performance going against us. In which case I will do anything to keep drawdown low, while signal is not live.
Looks like 'flash crash' in JPY pairs on 2/3 January was buy of the year... In fact, I was long on a private account near spike low (with smaller lot size) but not willing to risk on this signal.
Same night - GBPUSD was heavily sold while EUR steady, and look at pound now... something was going on here with big pockets selling and buying and I missed it. Now we have to manage our positions carefully with Brexit news this week and nobody knows what will happen. Pound could be bought and sold later this month.
Even so, we managed to reach a 20% increase in equity this week.
Looks like 'flash crash' in JPY pairs on 2/3 January was buy of the year... In fact, I was long on a private account near spike low (with smaller lot size) but not willing to risk on this signal.
Same night - GBPUSD was heavily sold while EUR steady, and look at pound now... something was going on here with big pockets selling and buying and I missed it. Now we have to manage our positions carefully with Brexit news this week and nobody knows what will happen. Pound could be bought and sold later this month.
Even so, we managed to reach a 20% increase in equity this week.
Simonemql
Hard month trading this December... I really wanted to keep drawdown low this month but doing so probably stopped us getting 40% profit. Just wanted to reach 30% (from 28) to show off - we did, but last day of year the trading tricky and pushed our drawdown up which I wasn't happy about!!! Even though, as I will always say, I am OK with medium/large drawdown's on my personal accounts but I was swearing I can tell you! Anyway, time off for New Year! Back soon.