MTD 0.59% YTD 19.53% .
AUDNZD Update
I am making a small adjustment to the way we manage the existing AUDNZD position.
The sell side is now protected by an automated buy-side grid with its own Take Profit levels.
From here, when that hedge realises profit, I will split it approximately 50/50.
50% will remain as realised cash. The other 50% will be used to gradually reduce the oldest and least efficient sell positions — those opened at the worst prices and carrying the largest negative swaps.
This has three useful effects over time: it reduces exposure, lowers swap drag and improves the average entry price of the remaining sell position.
The Intraday EAs will continue operating independently at the same time, adding further realised cash.
This is not about forcing an exit. It is about steadily improving the structure of the account while allowing time and the market to do their work.
Cash rises. Exposure falls. Average entry improves. It is actually taking a loss but in a subtle and gradual way.
August 28, 2026 25
