During the last week of January GBPUSD turned out even less volatile than during the previous one – only 150 pips.
This is the lowest volatility we have observed for this pair during our non-stop forward testing of our automated trader on GBPUSD on the TrueFX data feed.
But despite the “dead” markets, our trader did well and as a result this week concluded another profitable month – already 4th in a row.
With volatility that low, our strategy could not deliver very smooth equity curve as it did many times before. However, maximum drawdown was reasonable – around 50 pips.
For the details, review the full trade log.