August 2022 Net Returns

Please find attached our net returns for August 2022.

All strategies continue to bring positive returns for the month.

Three of our strategies have met the minimum net returns of 20% being Quobba, Wave Rock and Kangaroo Island (close enough).  We are expecting the others to all meet the minimum by year end.

The 2022 year has been a challenging year to trade as there is so many large news events that keep constantly occurring and at the same time.  The positive of this it means good volatility, so markets are constantly going up and down.  However, this up and down is occurring in very much larger movements than we have seen in a while.  For example EURUSD has gone under parity and reached levels not seen in 20 years.

Brindabella Capital has been working hard to try and reduce risk as much as possible and one of the ways of doing this is by having different strategies that run independent of each other.

We have two new strategies that are now open to investors called Grampians and All Tassie.  Both have met our risk and performance criteria.  Our website will be updated in due course.  Grampians looks for reversals on 13 currency pairs.  It uses a bot on one of our other strategies but with different parameters and allows a max of 3 different currency pairs to be traded at one time.  All Tassie is focused on just CAD pairs using 3 different bots to track oversold, reversal, pullback movements.  Use bots we have on our other strategies but focused just on CAD.

The gross performance of each can be seen from the links below:

https://www.myfxbook.com/members/brindcapital/grampians-brindabella-capital/9594703

https://www.myfxbook.com/members/brindcapital/all-tassie-brindabella-capital/9636139

Any queries, please do not hesitate to reach out.

Brindabella Capital

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Disclaimer: While all reasonable care has been taken in the preparation of this information, Brindabella Capital take no responsibility for any actions taken based on information contained herein or for any errors or omissions. Interested parties should seek independent advice prior to acting on any information presented.

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Trading on forex markets carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading on forex markets may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.