Daily Forex Trades

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Shorted CADJPY at 79.60…. Stop loss 80.70… Profit 78.58…..

Update – AUDUSD TP1 Hit, banked 50 pips, moved SL to BE for open position.

Update – AUDUSD TP2 Hit, banked 116 pips. Total 166 pips from this trade. Closed

I am looking to buy AUSUSD at 92 with SL at 91 and TP1 at 92.50 and TP2 at 93.16. As usual when TP1 hits move stop loss to break even for remaining positions.

I decided to share with you all some statistics of trading this system from 1^st Sept 2008 to 30^th Sept 2009 for GBPJPY.  There was no trading done from 24^th Dec 08 to 6^th Jan 09 for obvious reasons.

 285 Days of Trading.
82 days – No Trade Setup or Trade was not triggered
201 Days System Triggered a trade.
45 Days of 201 days I had losses – 22% losers.
14^th of Nov 08 was biggest loss of 477 pips in one day. 
Avg Loss in Pips 236.
Total 10503 Pips in loss. Scary isn’t it?
Maximum number of consecutive losing days 3, how many times did that occurred only once
6 Times I have had 2 losing days in a row.
13^th and 14^th Nov 08 worst 2 days in a row, totalling to 867 pips loss.   

After having losses of that magnitude in 2 days, how many of you will be able to take the trade next day?  653 pips were recovered in next 4 days of trading. 
 
156 Days were winners out of 201 – 78% winners
63 Days we hit TP3 making – 15673 pips in total  – 40% of winning days
53 Days we hit TP2 making – 5565 pips in total – 33% of winning days.
40 Days we hit TP1 making – 1459 pips in total – 25% of winning days.
22 winning days in row end of March 09 to beginning of May 09. April 09 didn’t have a single loser.
14 winning days in a row in Aug 08 to beginning of sept 09
9 winning days in a row in sept 08
9 winning days in a row in jan 09
24^th and 27^th sept 08 best days giving me 518 pips and 819 pips respectively.

Based on all above statistics, I am very confident this is a winning system and works well over long period of time.  Important thing is once you start trading it with real money, don’t try to pick and choose days, just follow my signal and you will come out a winner. You might have a bad week or month, but not a bad quarter.

It took 4 days for EURUSD to trigger the trade and 4 hours to hit TP1 and bank 47 pips. Move SL to BE for remaining position. It’s risk free trade now.

Second position closed at break even

If EURUSD price closes around or above YELLOW area on my chart and it is a BULL candle on 4 hours chart, I would look to go long, with 2 position open for Target 1 and Target 2, stop loss as marks on the chart.

Short opportunity in USDCAD this week.

This Trade setup triggered last night, currently in profit, waiting for first target to hit so I can move stop loss to break even.

 TP1 hit banked my pips. Hope some of you did too. Moved stop loss to break even. Now it doesn’t matter on the outcome of this trade. It is RISK FREE.

End of this trade made 50 pips in first position. Second position closed at break even.

12000+ pips in 12 months.

1000+ pips average per month.  

We will send you an email every day around 1.00 GMT with a buy or sell price, stop loss, profit targets. The trade will be valid for next 23 hours.

This is a stress free and highly profitable trading signal. No need to watch your computer screen for hours.