Trading Strategies Results 2017
Please find latest results on our trading strategies below:
We always assume $10,000 trading account and position sizes from our publications to calculate amounts in USD.
Our trading result for August was negative, mainly because of weak performance on EUR/USD and USD/CHF pairs. We trimmed losses on crosses pairs - the best results were achieved on EUR/GBP and AUD/NZD positions. Our year-to-date performance dropped after August to 55.6%. The best year-to-date performance was made on USD/JPY and USD/CAD pairs, while the biggest loss came from AUD/NZD trades.
We opened only a few positions in July and feel that we missed some opportunities to earn on EUR/USD rise, which was in line with our long-term strategy. On the other hand, we improved our result on commodity currencies and finally started to profit on EUR/CHF pair. Our year-to-date result has not changed a lot after July and amounted to 65.6%.
June was a very good month for our portfolio. A hawkish shift in the Bank of Canada was a strong support for our bearish USD/CAD view. We also made solid profit on other commodity currencies (AUD, NZD). We earned 21.6% in June and our year-to-date result jumped to 68.5%.
We made some losses at the beginning of May, mainly on precious metals portfolio. But despite May losses, we are still positive on gold, silver, platinum and palladium from the year-to-date point of view. Negative result in May cut our year-to-date profit to still solid 46.9% from 57.6% at the end of April.
April brought us solid profit on JPY and GBP pairs. On the flip side, AUD weakness surprised us and our long positions on AUD pairs were closed with losses. Our monthly profit was 14.4%and our year-to-date yield amounted to 57.6%.
March was a volatile month for our portfolio. We recorded some losses in the first half of the month, but last two weeks were really impressive with huge profits on SILVER, EUR/USD and AUD/USD positions. Our portfolio rose by 20.1% in March, which increased our year-to-date yield to 41.4%.
February was a relatively calm month on currency markets and our trading activity was low. We made a solid profit on USD/JPY strategies. On the other hand, we recorded losses on our long EUR/USD strategy after we had been wrong-footed by a rather dovish Fed statement after January 31-February 1 meeting. Our year-to-date trading result has not changed a lot vs. the end of January.
We recorded a nice profit of 23.5% on short-term strategies in January. The best results were reached on USDCAD and EURUSD strategies. High volatility of the GBP coming from political uncertainty around Brexit resulted in losses on EURGBP and GBPJPY strategies. Only two long-term strategies were closed in January and monthly result on this portfolio is neutral (-0.16%).