January 2021 Net Results

Did not take long for January 2021 finish. Below are our net results for the end of the month. January is always a mixed bag for trading as you miss part of the month as not liquid enough whilst traders return from holidays.

Wave rock was a donut for the month as holding trades but they are just ranging so not hitting our take profits. We are monitoring this strategy as it trades EURUSD and find that it either produces large moves in our direction at short notice or just ranges. Very reactive to news events without the information really absorbed for what it actually means. Please note as of 2 Feb it closed all positions with a net return of 4.5%.

Nullarbor had a great month and is our newest strategy to open. However it is not ready yet for investors as we are still making adjustments to how it trades.

Any queries, please do not hesitate to reach out.

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.