This week we closed 2 part long trades on the existing EUR/JPY position and the open short position on USD/CHF with a total profit of € 962,43. We also added new positions to the EUR/JPY position and await further new profits next week.
50% draw down right now!
However, we opened 5 new part positions on the EUR/GBP, which now provides us a huge draw down, due to the explosion in the GBP on friday.
Next week we will focus on whether to close out some parts positions or establish hedging strategy on this position.
Follow us and learn, how to get out of a trade gone bad next week.
Opening balance: € 11.235,92
P/L: € 946,18
End of week account equity: € 5.980,34