Monday, November 30, 2015

Review of November Campaign

November draws a close in a few hours, so I may as well post my results for this month.

edit: my last open trade for November just closed.

Trades opened: 12
Profit factor: 2.11
Account growth: 10.21%

Seven of those trades involved the minor / cross pairs, while the remaining five involved the major pairs. Interestingly, all five trades involving the majors won.

Major Developments

Halfway through November, I analysed my last 100 trades and found that most of my profit came from trading the major pairs. I've decided to drop all the minor pairs, and trade the major pairs for the foreseeable future. Since I'm trading fewer pairs, I probably won't trade as often. I'll see how it goes.

But to balance this, I also developed three new trading systems this month. Two are on the weekly timeframe (a weekly pinbar system, and a weekly low volatility candle system), and the other one's a small pinbar reversal system on the daily timeframe. 

With December around the corner, we can expect volatility to drop, especially during the second half of the month. I'll continue trading during the first two weeks of December, and then take a well-deserved break. :)

Then, I plan to finally open a myfxbook account on January 1, 2016. Now you can see my results live!!!

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