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Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
The 6E was unable to hit the top of the range in the previous cycle (first white circle), and is struggling again (second white circle). If that is an indication that it is heading down remains to be seen. Note the large volume on our last downbar, perhaps a sign of large players having taken up short positions. Watch for clues on smaller timeframes as well as on the DX as we head into the mid-May action. Mindful trading!
6E R144 - 2017 05 13 Risk Disclosure
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