New Millennium Inc.

Forex and Commodity Trading Services


November+Results+Update

It’s the final report for this year, and we sincerely wish you a very joyful festive season.

To see further information on any of our accounts, just click on the name of that account below and read the brief account summaries that follow. As always, please do feel very welcome to follow up with a direct inquiry. We’re always delighted to furnish genuine inquiries with live-account statements, read-only access to live-accounts and, of course, to address any concerns you may have.

Be sure to check the “NEW Weblink” views to see the live-account reporting data in a very user friendly format, with a special thanks going to GE our Technical Director for implementing it. Please note that, due to different account balances and the fact that official results post outs represent an average of all accounts, individual account-to-account performance will vary accordingly.

Official November Results:

The NMi Miner account performed as expected again, although the market has continued to make quite a run against the system on the AUD/NZD pair. Given that leverage was reduced earlier, and that relative DD is lower than would otherwise be expected, we’re now presented with the option to increase the leverage again – with due consideration given to the fact that we may very well see a further a run against the system. On the upside, the EUR/CHF pair appears to be awaking from its sleep; there’s now talk of a run north towards 1.5250 which will greatly assist in offseting the drawdown on the AUD/NZD pair.

The NMi Hunter accounts continued good run of trading continues; in spite of the current USD strength and GBP weakness, we’ve ended up with a respectable positive month, with both comfortable running open-position DD and account exposure.

The NMi Scalper accounts have now been discontinued. Refer to our October Results post for further details.

The longer running NMi Managed Gold accounts were shining brightly as you might have expected with gold at around US$1200, leaving us with good balance and equity gains. As it happened starting into this month of December with rather better than expected NFP numbers bolstering the USD, gold tumbled quite dramatically and along the way at least some of those returns were given back. The focus will now be to look for a good long entry with the view this bull run has not yet hit top!

This month, the NMi Self Managed Gold account again closed several long trades for a big gain. The results page of the NMi website will be updated with exact numbers shortly.

While some accounts do have open-position DD to varying degrees depending on the account particulars, with the exception of the discontinued NMi Scalper accounts, everything else is performing well overall… which I trust is a nice addition to your Christmas stocking.

If you have any questions please do feel most welcome to contact us, and we’ll endeavour to get back to you by the next business day.

Sincere Regards,

Adam Liddiard Signature

Adam


  1. Results are calculated based on end of month balance on account/s tracked, excluding management fee of 20% on profits if applicable. 

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