# closed winning trades : 2

# closed losing trades : 3

Total Net monthly profit % (risk capital + living expense buffer) : 16.8%

Net monthly return on risk capital : 23.3%

The first week of the month saw one win followed by the dreaded Double Whipsaw following the employment report last Friday.  A Double Whipsaw, which I also refer to as a Trend Following Clock Cleaner, is when the system enters a trade one direction and gets stopped out and then enters the other direction and gets stopped out in rapid succession.  In this case, we got short when the cable dipped immediately after the release, got long when it reversed rapidly in the 10 AM EST hour, and got stopped out for a loss at the end of the week’s trading.

The second week of the month saw one small loser, followed by one of those happy big winners that will allow me to take some profit off the table and pass it to the living expense account.  The cable broke out to new highs this week, and we were able to capture 129 pips in that move.