Recent content by 5SSFX

Just under 1% made on the Kiwi rates. New HWM

The only losing month we have this so far was 2% and it was only a couple weeks (first month, and started into the month). This strategy never floats trades over 24 hours and usually only a few hours so these reflect closed results (equity gains).

Back into HWM though.

Flat for almost a full month waiting on the correct market conditions. Tiny profit made on NFP but we were in very light with only one trade so it really was a small one.

Still no more trades made on this. Trading conditions to trade not been met.

I would disagree. I would say trades should not be assessed by the outcome of them but rather the probability of success and the RR ratio going in. For an extreme example, by your logic a strategy that worked 90% of the time, the odds would say you can lose 10 in a row and then win the next...

I have never really systems that depend upon pips as the determining metric of success. This can typically only be done if you use some sort of set lot size (meaning set stop losses) system. I vary my stop sizes and therefore lot sizes to get the same percentage of risk on trades and am more...

Wild whipsaw FOMC - just a chance to lose money with this strategy. No trades made.

Could be a bit more lively for this PAMM this week. FOMC the highlight.

Going to close the week at a very small loss (almost flat but we are no longer at HWM). Was a rather dull week, as we expected to be honest.

Please excuse me for forgetting to mention in the body of the post, a 35% HWM fee applies to this PAMM, along with a $7 a month ($70 a year) members fee.

Had some trades but closed at a tiny loss since the momentum we look for turned out not to be present after opening trades .

No trades on the Aussie job claims which means we will probably be flat for the whole week. Slight chance of trading on Friday but we seldom trade Friday's. So fair chance this will be one of they no trading weeks (they happen, some times even 2 weeks in a row on this strategy).

Decent start, 4% or so on this risk level. New high water mark close.

Hello from 5SS. We thank FPA for their forward testing of our strategy. I'd like to give an explanation of the strategy being used here. This strategy started life as a low risk/low yield strategy designed for managing larger funds, it has been doing this for about 2 years and continues to...