...are devastating pain. It is always so hard to accept, but the price of going for the huge gains is horrifying drawdowns. I've been through drawdowns this bad before, and charged on to new equity highs. It isn't a bit of fun to go through it, however.
All the currencies have been doing a whole lot of leaping in one direction and turning back around with nearly zero net change for the week. This strategy hates that kind of action, but that's what we have.
We've already lost one trade this week... a short in the Aussie. We're close to losing another, and the rest of the open trades are looking pretty bad too. We shall see.
Short 462 AUD/USD at 0.9101 stopped out at 0.9157 for a loss of -$2.61 or -2.54%
Open trades:
Short 371 GBP/USD at 1.5062 with stoploss at 1.5201
Short 495 EUR/USD at 1.3660 with stoploss at 1.3764
Short 308 GBP/JPY at 136.15 with stoploss at 137.82
Short 629 EUR/CAD at 1.3940 with stoploss at 1.4021
Short 879 USD/JPY at 90.16 with stoploss at 90.75
Current account equity: $85.07
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