Forex StayAtHome and Forex Lockdown update – 15th May

Another week has gone by and our projects are still running. We had a fairly brutal beginning to the week with multiple losses (3 USDJPY losses and 2 EURUSD losses) bringing the account from around £1300 all the way down to around £200 (or lower, can’t remember exactly)… one more loss and it would have been game over. However, miraculously, we’ve had 15 winning trades on the trot bringing us all the way back up to almost £900! The equity graph is not too impressive sadly and I think we’re relying too much on luck for this project. It really is luck that will generate profits and it’s quite possible it may actually reach 100% profit but equally, and probably more, so likely to fall to zero. Still, we’ll leave it running to see how it goes.

Forex Lockdown trades only the EURUSD pair. It doesn’t trade as often as Forex StayAtHome mostly because it’s running only 1 pair and working off a different time frame. However, in the time that it was running, it managed 9 winning trades before a loss today. It peaked at £458 but lost £285 on the one loss. In total, it’s made £173.