We’re now back into the rhythm of our regular weekly updates. The first full trading week of January saw capital increase by 0.24%, achieved primarily through the CHFJPY and GBPUSD EAs, both of which kept trading tight, controlled, and fully automated.
It’s a small number by design, but an important one. Early January liquidity is rarely generous, and the priority at this stage of the year is not acceleration but stability. The EAs did exactly what they were intended to do: participate selectively, manage risk, and step aside when conditions didn’t warrant exposure. I was almost sure we would get more action around non-farm payrolls on Friday but alas the only action was CHFJPY and that was early in the morning before the release.
2026 marks an important milestone internally. This is year ten for the upgraded Blackwave California framework and year three for the upgraded Blackwave Pacific. While the underlying philosophy remains unchanged, the current generation of EAs has been materially enhanced using artificial intelligence — not to make them more aggressive, but to make them more adaptive, robust, and consistent across changing market conditions.
At this stage, the work is less about invention and more about execution. The systems are built, tested, and understood. The task now is simply to let them operate, monitor risk, and allow time and compounding to do what they tend to do best when left undisturbed.
There are a few manual trades that I am looking to get out of too, namely AUDCHF and AUDNZD are top of the list . AUDCHF is knocking on 0.5350-0.54 again. Those positive SWAPs are massive now and represent about 3-3.5% of the value of the account itself which is great! Both AUDNZD positions have negative SWAP’s but I won’t be adding here unless I see that we have reduced risk elsewhere by exiting other manual trades. Indeed, even reduced risk elsewhere might not prompt me to add anything to AUDNZD. I am not in any hurry really. The market will be ready when it’s ready and in the meantime the EA’s are doing a fantastic job increasing equity.
I wish you all a positive week to come and I hope those New Year resolutions include your financial goals too.