Hi, Willie’s back with the latest update on the trading performance of Forex Morning Trade for the month of June, 2011 and the first-half of July. We pick up from where we left off in our recent Forex Morning Trade Review trading update.

Note:
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When we looked back, June started off strong and stayed up-beat until the second half of the month, when Forex markets turned very volatile due mainly to Eurozone issues. As such, June ended with a 150-pip loss, suffering from losing streaks as long as 3 days in a row.

Overall statistics for June:

  • 6 no trades
  • 5 break-evens (5-pip profit retained)
  • 4 profits (35-pip target)
  • 7 losses (45-pip stop loss)

Forex Morning Trade started July trading with an almost unstoppable performance, winning or breaking even up till 7/20. So far, there was only one loss and we are up 180 pips from 6 profitable days and 3 break-evens. Four days saw no trades, with one such day saved from a bad loss by the long-candle filtering algorithm programmed into Forex Morning Trade EA

The effect of the revised system parameters introduced mid-April, 2011, is now really kicking in. July’s gain as we speak has erased June’s loss and then some. In the equity curve shown below, May’s peak is currently being surpassed, and any continued strong performance will see March’s all-time high being challenged and possibly taken out.

Forex Morning Trade Equity Curve, January 2009 to July 2011

Forex Morning Trade Equity Curve, Jan 2009 to Jul 2011



Our Forex Morning Trade Review continues to bring you truthful findings and honest facts about Forex Morning Trade, so that you get the latest info while you do your pre-purchase product research. We are here to help you make an informed decision and buy Forex Morning Trade with confidence.

As always, trade well!

Willie
ForexMorningTradeReviewed.org