Monthly Summary (May)

Statistics

Month	+45	YTD	+45

Pair	Trades	+	-	0	Pips
EUR/USD	22	8 (36.36%)	9 (40.91%)	5 (22.73%)	-67
GBP/USD	22	8 (36.36%)	10 (45.45%)	4 (18.18%)	+112

Summary Chart




Notes:
A very volatile month highlighted by the major corrections in the commodities as well as emerging markets. Also a factor was the uncertainty as to the future direction of the dollar; whether recent drawbacks signalled a deeper strength in the dollar or a correction from the Euro's recent rise.

System has so far withstood the volatility though daily fluctuations is more than what I am comfortable with at -18.87%. I expect this to go down as funds are increased. EUR/USD pair didn't perform considerably well this month though from looking at the chart, it is less volatile than GBP/USD.