Quick update of the results and thoughts for the week.
NOVEMBER Summary: 2018
A short month for us with only two full weeks of trading due to the office being closed and overseas mission commitments. December will also be a shortened month due to the office closure during Christmas.
In summary, we had 16 signals for 6 wins, 3 losses, and 7 break-evens or no trades for just over 6% increase to our equity ball. The challenge is not so much the losses but the break-even trades which in some cases only miss our targets by a few pips.
The $48,000 yearly challenge also did not reach target, but still averaging little over $4000 a month
As we wind down to the end of the year we will endeavour to bring home as many pips as we can while also protecting our equity ball.
Remember to trade safe!
From May we have also started a challenge tracking one standard lot invested for a minimum return of $48000 for a year non-compounding. That is an average of $4000 per month.
So far we averaging around $4100 a month.
Balance To date $28951– Balance This Month $691
Positions for the week and month can be reviewed on the result page here.
Current chart patterns make it difficult for us to confidently enter the market. Suggest we let things settle for a few days.
TMS Trade Manager Release with added new profit target for MagicFibo strategy.
Article "Slow and Easy "
Our first trade for 2019 - CHFJPY +66 pips
TMS Club membership is now open with a first-month introductory offer. For information and access proceed here.