TJ

After coming back from vacation and plunging myself into the markets as if I had never left, someone let Murphy in the room and he wreaked some havoc with our british pound futures trading this past week. If you were new to our live futures trade room, or had decided to begin trading real money this week, you really took a good kick to the shins. Hopefully though, you have been paying attention to the major key points that we have been teaching all along and you kept your risk levels tight. Also, if you had done some of your own backtesting and used your results to establish a trade plan, much like we use in our trade room, you would have been able to put this last week into perspective and live with a few tough losing sessions.

Here's the bigger picture in a few phrases:

1. We just came off of a 15 session winning streak prior to this past week.

2. Over the last 207 trades, we are winning a cool 65.2% (down a little bit due to this past tough week), and a mouth watering profit factor of +3.01.

3. An equity curve with a steep angle to the right and nearly +1000 net points in 3.5 months.

4. The pound will convulse for a few sessions and then follow up with large winning streaks. We keep seeing that.

Check out this video. Don't fear Murphy. He likes to kick you in the shins sometimes but with the proper perspective, trade plan and a tightly managed risk profile, you won't lose your legs. In fact, once he's put his toe in your shins, you'll soon leap past him to a new high plateau and a steeper equity curve.