Well we have done it again! Immediately after having a blinding week and blasting through the 5000 level we have dipped back down below it again. Profx5 gave back a few of it’s pips gained in the previous week and was down 315 pips last week. Strategies 1-4 also suffered in election week being down 228 pips for a total net loss of 543 pips for our automated strategies last week.
For those of you who trade our weekend gap strategy – we had 1 viable trade setup this last Sunday (10th May). EURJPY quickly reached it’s full profit target for a modest net profit of 11 pips. This free to download, manual strategy is now up 856 pips in 2015.
2014 has now come to a close. What a challenging year it proved to be. Our newest Expert Advisor – PROF X5 had a poor year losing 1639 pips. However, we still have enormous faith in this EA and high hopes for a stella 2015. The market conditions (whipsaw volatility) are the worst for most EA’s and Prof X5 was no different. This is the benefit of trading multiple strategies – when one or two are not performing well – others compensate. The net total result for the year was 5482 pips, an increase of 21% on 2013. See below for the individual EA results. If you have traded before you will understand how incredible and potentially life changing these results are.
Individual trading strategy results for 2013 were as follows:
PROF X5 -1639
Strategy 1 1852
Strategy 2 414
Strategy 3 2948
Strategy 4 1348
Free Strategy 559 (manually traded)