All weeks

Week 18

April 27 – May 3, 2026

The week in figures

Master account return
−8.30%
Copier estimate, after the fee
−8.30%
Estimated fee, on the copier’s capital
0.00%
Trading days
3
Losing days
1
Distance from the high at week end
−11.5%
Best day
+2.66%
Worst day
−11.52%
Since launch, master account
+330%
Since launch, copier estimate
+175%

Letter to investors, week 18

Ras Al Khaimah, May 2, 2026

Dear investors,

We write to you candidly: the week from 27 April to 3 May closes at a loss, −8.3% on the master account. The loss comes from a single day, Wednesday 29 April, the day of the Federal Reserve meeting. A decision more divided than at any time since 1992, a rising dollar and rising yields, and a fall in gold of about one hundred dollars in the US afternoon produced −11.5% in one session. The loss was incurred on Wednesday, after the Fed statement, when gold fell by about one hundred dollars within a few hours in a single direction. Monday and Tuesday had been positive (+1.0% and +2.7%). On Wednesday afternoon, after the statement, the price moved for a long time in the same direction without the retracements on which the strategy builds most of its trades. The positions opened during that phase accumulated losses, and they were closed when the daily risk limit was reached. After the loss the account did not trade on Thursday 30 and Friday 1 May. After a loss of this magnitude we chose to halt the account for two days, review the parameters and resume only with a clear picture.

No fee accrued on this week. None will accrue until the account returns to its previous high: this is the mechanism that protects your capital.

For the week ahead we wish you all serenity. We will keep you informed of every development.

With kind regards,

Duemar International Duemar International FZ-LLC, Ras Al Khaimah

The week in the markets

Second week of decline for gold, with a new April low near $4,500.

  • Tuesday 28 Gold about −2% at $4,596, with oil up on the extension of the blockade of Iranian ports.
  • Wednesday 29 Third consecutive session of decline
    • Before the Fed: one-month low at $4,543, with core durable goods orders +3.3% against +0.6% expected.
    • FOMC at 18:00 GMT: rates held at 3.50–3.75% with an 8-4 vote, the most divided since 1992. Three members oppose the accommodative tone of the statement.
    • Powell's last press conference as Chair.
    • Dollar +0.4%, 10-year Treasury +8bp to 4.43%.
    • Gold from $4,610 to about $4,510 in the evening.
  • Thursday 30 Rebound of more than 1.5% on Japanese intervention on the yen.
  • Friday 1 May ECB and Bank of England in a hawkish tone.

Sources

Figures are calculated from the master account’s daily returns. The copier estimate applies the 30% fee to each week’s new profits above the previous high: the platform’s own calculation may differ.