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Free Forex Signals Forums Announcements May 2013 Results and June Outlook

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    Profile photo of PipHut Team
    PipHut Team
    Keymaster

    Correction

    One correction for the month of May performance results: on May 16th we erroneously reported a loss of 39 pips instead of 51 pips (thanks @Max). This update has been reflected in the May results.

    May Analysis

    Overall a disappointing month for us as we closed out at 14 pips positive. While positive pips are always good pips, we suffered from extra trend line volatility at the point of break in May that increased our rate of false breaks. That same volatility also stalled out several profitable trades before they could reach their target.

    June Outlook

    Summer months typically tend to “calm down” the markets, nonetheless we will counter the volatility by moving our trend lines closer to the current price action (increasing risk), while only taking trades in the direction of the daily trend (reducing risk) to give our positions better entry points.

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