July 2019 Market Update

Global equities experienced mixed performance where US markets saw a slim gain aided by the FED cutting interest rates by 25 basis points. Boris Johnson became the new president in the UK and sterling fell sharply as a result of increased Brexit uncertainty which contributed to a rally in the FTSE 100. Markets we cover out performed the German DAX which lost -3.9% this month. The Dow Jones index managed a very slim gain of 0.3% with the FTSE adding 2.2% to close just under 7,600.

Despite slim gains and even a decline in the German DAX, both services managed a very healthy gain for July. This month a total of 274 trade orders were provided. Subscribers can expect up to 300 trade orders in any given month. A total of 72 or 26% of trades were activated. Generally up to 30% of trades are activated in any given month and you can expect to see a win ratio above 70%.

July saw a fairly significant difference in performance between our two services. The STANDARD service gained 7.8.%  whereas the PREMIUM service managed a gain of 9.6%. The PREMIUM service delivered a gain of £1,440 on my £10,000 account due to higher leverage (1.5) used. Using low leverage means low drawdowns however if you are comfortable in taking more risk, gains can be multiplied by increasing position size. Past performance mentioned is no indication of future performance and may not be repeated.