Forex EA Robot Trading Blog

Something really kicked the yen into gear in the last couple of hours. I am still trying to track down the news event that occurred. This is a good time to look at drawdowns incurred by the system, the statemnet has just been updated, and gbpjpy has fallen 600 pips in the last 4 days. this is a really typical pattern of this pair, to see 600 pips in a few days. it falls, hard and fast when it does. The account equity is at 85k, with a 96k balance. thanks to some diversification the usdchf trades are providing some positive equity injection (hedge baskets are good), none of the yen pairs are trading right now, and gbpjpy is creating most of the losses. which is good. if any pair is going to carry losses, it has to be that pair. So we have a 600 pip drawdown, creating a 10% drawdown. Thats pretty good money management in my book. Interesting to see how this one pans out, ive been hoping for a cycle like this so we could see the effect of the drawdown.

Labels: drawdown