Initial Results

The results below show our initial nine month live trading period where we evaluated the performance of each strategy for each currency pair on our live account to determine its potential future profitability. Only the strategies that produced a profit would continue to run on the live account.

Account Profit/Loss

As you can see, we had been experiencing a sustained period of losses until the beginning of August, since when we have recouped our losses and are now just about in profit. Here's a good example of why leverage should be used sensibly. Too much and we would not have survived this drawdown period.

EUR/USD

This strategy has been one of the more successful. Based on following price movements that break below or above a certain level. When losses occur they are sizeable, but profitable trades tend to come in more often. We have high hopes for this one.

This has been the worst performing strategy, making a steady decline since the beginning. However, long-term backtesting has indicated that it is a profitable strategy if you can stand some extended down-turns between profitable streaks. Therefore, we shall be sticking with this one for the time being to see what happens.

USD/CHF

Despite a less than confident start, this strategy has produced some good results on this pair over the last quarter. Occassional large losses do occur, but then there also exists the potential for some healthy gains. Hopefully this profitable streak will carry on.

USD/JPY

A promising start, although results have been a little muted of late.