November 2023 Net Returns

Please find below the net return for November 2023 for standard and higher risk strategies.

Our focus now shifts to see if we can have all trades closed before Christmas.  Whilst the forex markets still trade over this period, the liquidity reduces due to many traders taking a break.  We find conditions typically return to normal around the 2nd week of January depending on no major events occur during this holiday period.

As such we have began turning off trading on some of our pairs to reduce the number of trades that open.  December causes some internal trading conflicts as on one hand you want to try and keep generating returns, but on the other you want to try and have all positions closed out.

Regarding November, it was another very positive month with good returns across the board.  The market is following the same cycle of some pairs by shooting up quickly/dropping quickly, holding for long periods of time, and then dropping/increasing. 

If you have 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.