Suffered critical damage, once again, in a drawdown from huge position size. Will trade out micro lots until the end of September to get back in the groove. Markets have been very sporadic and trend based. Will stay calm on breakeven, this system has survived 30% drawdowns and this is no different. Stay tuned for major returns.
Account has been slow crawling up due to testing of profit taking vs. holding on to positions part of my system. It is must harder to take profits then it is to enter into a position. In addition there will be sequential deposits to the account as performance improves into September. Currently working on minimizing adverse excursion from high's of equity curve. Just recently held for too long and broke even to taking profits on a runner and vice versa.
Small improvements make a significant difference. Looking at September forecast of +7.25%.
Small improvements make a significant difference. Looking at September forecast of +7.25%.
Coming up from July slumps, strong markets ahead of September rate hikes, strong dollar and other strong trends in the horizon. Clean price action.
Josh Michael is a 6 month system for Quarter 3 & 4 for the year of 2015.
Twitter live positions @Clemensnebula FOREX ONLY TRADES DISCLAIMER OF RESULTS MAY VARY FROM VARYING MANAGEMENT. +90% in 3 months, current account moving forward towards standard lots.