Unfortunately 2nd trade was a loss; bought GBPUSD @ 1.9810 and it hit stop. Today was therefore a net gain of 10 pips (but as GBPJPY is half stakes I incurred a financial loss of £100, or 0.5%). Bear in mind that had I taken the first Cable trade (missed due to writing seminar as I mentioned earlier) then we would have been done at two winning trades for the day. Taking the third trade wouldn't have been necessary and it is this that has cost me.

It has been a very difficult market this week. In context of stock market hayhem I guess it isn't surprising. This week overall I have lost 4 pips (mainly from being too cautious in light of the stock market turmoil and writing the seminar). The system signals have produced a profit (today, for example, showed a 40 pip gain as opposed to the 10 pip gain I achieved).

Month to date return is still over £5,600 profit (28%). Have a good weekend all.