It was a very bad week for FAP Turbo. I took my biggest loss ever since I started trading in 2002. Monday evening, the EURGBP stopped out at 112 pips and I was running at 20%. There goes 20% of my live account
Week: -1,088.66, -19.7%
Since that big loss, I dumped the EURGBP pair from my live account. This was not the first loss. I believe this was the second time this pair stopped out since the beginning of December 2008. The last time was in the middle of many losses for this pair and I saw it coming and reduced the FAP Turbo LRR.
On another note, I started trading my mechanical system with the GBPUSD pair on my demo account on Monday. I entered a trade on Tuesday with this pair which moved against me and I was stopped out for a 60 pip loss. This morning, I entered another trade which is
in progress right now
Rick