Traders,

The past few days have seen a bit of a drawdown on the intraday and multiday systems trades which has seen the figure for November fall back to just +34 pips having been significantly higher last week. Still, the year-to-date total as at the end of November stands at a respectable +2,619 pips across all 3 systems which is running at an average monthly rate of 238 pips.

The multi-week strategies have seen some very healthy gains with the balance of the EUR/USD Short (from 1.4070) being exited today for a net profit of 601 pips taking the total for the year to 1,854 pips.

Here are the trade by trade records and equity curve for all 3 systems combined.

Best regards
Howard

http://www.migbank.com/research/howard/ ... 0&%20L.pdf
http://www.migbank.com/research/howard/ ... 0CURVE.bmp
http://www.migbank.com/research/howard/ ... 0&%20L.pdf


Howard Friend
Chief Market Strategist


Phone: +41 32 722 84 54
Mobile: +41 78 636 83 57
Fax: +41 32 722 8455
Email: H.Friend@migbank.com

Website: http://www.migbank.com



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