June Looks Brighter - 18-Jun-16

June Looks Brighter – 18-Jun-16

At the end of May I reported a loss for the 3 Little Pigs strategy of around 12%, here’s some of what I said…

The main reason for the unusually poor month was that – Typically when the majority of the pairs I trade are ranging there are one or two that make up for that. In May the best performing pairs (AUDUSD and USDCHF) returned 0% between them. Obviously this meant that those ranging pairs where I saw the biggest losses (EURGBP, EURJPY, GBPUSD and USDJPY) were not offset by gains elsewhere.

I mentioned that this does happen occasionally and of course, there is little I can do – I accept the bad month (May) and move onto June.

So, as well as reporting the bad let’s also report the good.

6 of the pairs I usually trade are doing what they do – Some are producing small losses which are being offset by small gains. The 2 JPY pairs though are worth a look as they will more than make up for Mays losses.

First up, EURJPY where worst case we have a 9% gain, hopefully more…

June Looks Brighter - 18-Jun-16 EURJPY

Second, the other JPY pair I trade, USDJPY. Here we have a worst case gain of 2% and, once again, hopefully more…

June Looks Brighter - 18-Jun-16 USDJPY 2

You know there will be bad months, accept it!

You know this is a proven strategy that has been traded profitably for more than 10 years, accept it!

To coin a phrase from Nigel “Do not become a system hopper”.

Stick to what works!

Hope it helps.

All comments welcome.

The 3 Little Pigs MT4 Indicator and MT4 Scanner and much more (including live weekly workshops) are included in our Comprehensive Pro Membership package

Pro Membership Icon

Click HERE for details


This update is based on my analysis on my charting package. It may differ to yours as it can be affected by time, market movements, charting packages and broker prices. I accept no liability for loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on any information in this report or analysis.