A second week in a row of quietish trading following the incredible October results. Strategies 1-4 gave back a small amount of their recent gains – being down 192 pips. However, Profx5 made a respectable 151 pips which left our automated trading strategies down 41 pips on the week.
For those of you that trade our weekend gap strategy, we had 2 viable trade setups this week (16th November). AUDUSD quickly reached its profit targets of 16 pips. However, EURJPY was stopped out for a net loss of 54 pips. Making a combined result of a loss of 38 pips (only the second losing week since January). This free to download, manual strategy is now up 423 pips year to date.
2013 has come to a close. What an exciting year it was with the introduction of a new Expert Advisor – PROF X5. The last couple of months were a real challenge with a couple of strategies taking large draw downs. However, 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 4321 pips. Not a stellar year but still pretty good and proof once again that our strategies stand up to all trading conditions.
Individual trading strategy results for 2013 were as follows:
PROF X5 1634
Strategy 1 -312
Strategy 2 356
Strategy 3 3091
Strategy 4 745
Free Strategy 1460 (manually traded)