Please find below February 2026 update.
Like last month we are still managing strategies that trade AUDCAD and NZDCAD. We have managed to close most sell NZDCAD position trades.
The sell AUDCAD positions have dropped a couple times due to the war in Iran but not enough to exit the sell positions. We will be able to look to open further positions if it starts hitting peaks again as we will also have equity to use to absorb and hold the draw down due to closing the NZDCAD positions. But currently being patient and waiting to see if further drops occur in the AUDCAD pair to help us close out.
However, we still need to consider further interest rate rises may occur due to inflation not under control in Australia which will result in the AUDCAD pair rising again. But we can see the RBA is reluctant to do it as the cost of living is already high and this will only compound the issue. Petrol has risen approximately 45 cents a litre in the last 2 days and everything is Australia is transported by trucks so everything else will increase in price also.
We are writing this whilst the war is less than a week in within Iran. Whilst some fluctuations in the markets, it is nowhere near the level when war broke out between Russia and Ukraine. We did turn off the strategies for a couple of days but soon turned them back on as could see markets trading within appropriate levels of risk.
Notice the news is now quiet on Venezuela. Reminder this occurred in January 2026.
Some of our MT5 strategies incurred losses for the month as set stop losses were hit when AUDCAD was trading at all time high in 10 years. We plan to rebuild the MT5 strategies as one of the bots has not managed the risk level of AUDCAD and NZDCAD trades continually creeping up. The one in 10-year event has impacted the bot. It has done what it should but not to the risk profile we like.
Whilst larger drawdowns are not how we normally trade but need to always build our strategies to manage them. It is part of trading, and it is not the first time this has occurred for us. Just need to be patient and stick to how we trade and within our risk parameters.
Any queries, please not hesitate to come reach out.
