As anticipated my USDCAD trades crystallised in profit this month, albeit later than I would have wished. The pair was trading in a complex consolidation and just out of my zones. While it can be frustrating sitting through a potential 20% drawdown and paying negative swaps, my core strategy has to be traded with absolute discipline. These scenarios can tie up capital for long periods resulting in a flat month for my personal equity but actually a positive return for my Darwin WET. A high point hit around 7%.