Sunday, June 26, 2016

Week in Review: 20 June to 26 June 2016

No trades were opened this week due to the Brexit referendum. I'll return to the market next week. 

Sunday, June 19, 2016

Week in Review: 13 June to 19 June 2016

There were no trades this week due to four central banks releasing monetary statements at the same time. 'Brexit' referendum is also taking place next week. I plan to sit next week out as well. Polls are coming out every day that can potentially swing the market. 

Monday, June 13, 2016

Review of May 2016

May has been another good month, with my account growing by 3.7%. It's slightly down from April (4.22%) but I'll take it.

Trades: 11
Account growth: 3.7%

Nothing major stood out in May, which is a good thing, I suppose. I spent a bit of time on the 4H chart, but noticed (again) that 4H and daily signals tend to correlate highly e.g. a massive pinbar on the 4H chart will probably be a pinbar on the daily chart as well. 

With four profitable months in a row, I'll increase my risk for June and start pushing hard on my advantage (max risk per trade will be 2%).

edit: I also developed two more 'systems' during April/May. These two are based on trend reversals. I've now got seven 'systems' in total, which is enough. My goal now is to focus on plugging other holes that reduce my edge (money management, psychology etc), rather than purely backtest and develop systems.