Strategy Update

Just a heads up we are turning strategies off sooner than we anticipated.

There have been some big movements in some currency pairs this week.  Normally this is not a problem.  But as per our November update, we rather not have any open trades over the holiday period.  Rather miss some profit than stressing over open trades in the holiday period when liquidity is low and large movements can occur if big news comes out.

But most importantly, use this time to have a break and not worry about your investments.  We have a whole year in 2022 to do it all again.

The following strategies have been turned off:

Wave Rock
Coral Bay
Kosciuszko
Karijini

With the other strategies there are still trades open.  However we have turned our bots off on the majority of the pairs that do not have any trades currently open.  Once the current positions have closed out, we will also turn the strategy off for the year.  Will keep you updated when this occurs.

We will look to restart our strategies in the new year from 10 January 2022.

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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.