FXCM Forex Selector Update
For those following, I mentioned that I signed up for the free 30 day trial of the FXCM System Selector and attached the TrendEscape trading system to it for the GBPUSD and GBPJPY forex pairs. Yesterday when I checked, I was about $2000 down from the demo portfolio.. it started at $100,000. The last trades where a short of both the two pairs which amount to losses.
Right now, the account has dropped further.. another $1000 and the current live trades are slightly down at $100 loss or so….
Over the long term, the Trend Escape trading system is one of the most profitable…. I’ll leave it to run and see how it gets on!