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📝 This month marks a structural milestone for UE Market Letter. For the first time, we are publishing a fully transparent Monthly Performance Report that documents the complete record of our trading activity — every idea issued, every execution taken, and every outcome recorded. This is not a selective highlight reel. It is a comprehensive performance summary without hindsight adjustments or retrospective framing.
Our objective has never been to predict every market move. It is to execute a disciplined, repeatable framework built on defined risk parameters, structured entries, and clear invalidation levels. Performance is evaluated through process consistency, risk management, and measurable statistics — not isolated outcomes.
This report establishes the foundation of a verifiable track record. It reflects our commitment to accountability, long-term consistency, and professional standards in documentation.
Trade #1 — USDJPY Short
Date Initiated: 9 February
Position Type: Swing
Risk Allocation: 1%
USDJPY Short called live on X
USDJPY H1 Chart
Our first trade of the month was a short position in USDJPY, initiated on 9 February. The setup aligned with the prevailing bearish structure and was supported by our broader fundamental framework at the time, which favored downside continuation.
The position was executed as a swing trade with a predefined 1% risk allocation. Price moved decisively in our favor, allowing us to secure 2.8% before reducing exposure and moving the remaining position to breakeven. The balance of the trade was subsequently stopped at entry.
Result: +2.8% realized, 0% on remainder.
Net Impact: +2.8% on 1% risk.
This trade reflects our core approach: align technical structure with macro bias, secure partial profits into momentum, and eliminate downside risk once conditions permit.
Trade #2 — EURUSD Long
Date Initiated: 16 February
Position Type: Swing
Risk Allocation: 1%
EURUSD Long called live on X
Our second trade of the month was a long position in EURUSD, initiated in alignment with our broader analysis. The setup developed within a daily Fair Value Gap (FVG), providing a technically favorable location for continuation toward the January highs.
Following entry, an unexpected shift in macro sentiment led to renewed dollar strength, applying downside pressure on the euro and temporarily pushing the position against us. Despite this, the technical structure remains intact, and price has begun stabilizing with gradual upward progression.
The position remains active and is currently held at a -0.1% drawdown.
Result: Trade open.
Current Impact: -0.1% unrealized.
This trade reflects our willingness to execute structured setups within defined risk parameters while allowing room for market fluctuations, particularly when driven by short-term macro developments.
Trade #3 — NQ Futures Short
Date Initiated: 19 February
Position Type: Intraday / Swing
Risk Allocation: 1%
NQ Futures Short called live on X
Our third trade of the month was a short position in NQ Futures, initiated following clear bearish momentum developing from midrange. The setup aligned with our broader technical framework, and entry was executed on the H1 timeframe to capture downside continuation.
Despite initial alignment with momentum, price failed to extend lower and reversed against the position. The predefined stop-loss level was triggered, closing the trade at full risk.
Result: -1.0% realized
Net Impact: -1.0% on 1% risk
This trade reflects strict adherence to risk management principles — accepting predefined losses when market conditions invalidate the setup.
Trade #4 — XAUUSD Long
Date Initiated: 22 February
Position Type: Swing
Risk Allocation: 1%
Gold Longs called live on X
Our final trade of the month was a long position in XAUUSD, executed in alignment with our broader technical and macro analysis. The setup supported continued upside momentum, with structure favoring further expansion toward short-term targets.
The position was initiated as a swing trade with predefined 1% risk. Price moved favorably shortly after entry, experiencing minimal to no material drawdown before progressing higher.
The trade remains active and is currently up +0.6%.
Result: Trade open.
Current Impact: +0.6% unrealized
This trade reflects disciplined execution in trending conditions, where alignment between technical structure and macro positioning allowed for efficient capital deployment with limited adverse movement.
Performance Overview
Metric | Value |
Net Performance (Incl. Open) | +2.3% |
Total Realized Return | +1.8% |
Unrealized P&L | +0.5% |
Total Trades | 4 |
Closed Trades | 2 |
Win Rate (Closed Trades) | 50% |
Risk Profile
Risk Metric | Value |
Maximum Risk Per Trade | 1% |
Largest Single Gain | +2.8% |
Largest Single Loss | -1.0% |
Risk Model | Fixed % Risk |
Trade Attribution
Asset | Status | Return |
USDJPY | Closed | +2.8% |
NQ Futures | Closed | -1.0% |
EURUSD | Open | -0.1% |
XAUUSD | Open | +0.6% |
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Concluding Remarks
February concludes with positive realized performance, controlled open exposure, and strict adherence to predefined risk parameters.
Across four trades, execution remained structured and disciplined. Gains were secured when momentum allowed, losses were contained at invalidation, and open positions continue to be managed within defined limits — without deviation from process.
The objective is not aggressive monthly swings, but consistency of execution and capital protection. Performance is a byproduct of disciplined structure.
We move into the next month with preserved capital and a documented foundation built on defined risk, structured execution, and measured growth.
Our full weekly market analysis is released every Sunday at 4PM EST / 9PM GMT.
Happy Weekend.
— The UE Market Letter Team 👁️🗨️
© 2026 UE Market Letter. All rights reserved.
The information shared in the UE Market Letter is intended solely for educational and informational purposes. It should not be interpreted as financial, investment, or trading advice. All views expressed reflect the author’s personal analysis and opinions and are not recommendations to buy, sell, or hold any financial instrument. Trading and investing carry inherent risks and may not be suitable for every investor. Market performance is uncertain — past results do not guarantee future outcomes. Readers are encouraged to conduct their own research and seek guidance from a licensed financial advisor before making any investment decisions. UE Market Letter and its authors accept no liability for any loss or damage arising from reliance on the content provided.