In the October Futures feature, "Learning to trade: It’s academic," Leslie McNew and Tup Ingram described a trading strategy that McNew’s students at the University of Dayton Business School would be implementing in a simulation. The strategy is based on the four-hour girth model first described in the December 2008 issue of Futures and is applied to the euro currency.
The Flyer Forex Fund Girth Model closed three trades last week all for losses though it held a long position from 1.3652 going into this week. Consolidation from the middle of February to the beginning March has negatively impacted the fund's performance.
The fund is down 14.34% since inception on Sept. 6, 2009.