USDCAD stopped out for minus 13 pips earlier - 3 remaining trades are well in profit so will be able to lock in some profit later unless something dramatic happens......famous last words
Kind Regards
Steve
Kind Regards
Steve
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Quoting stevietDislikedOK, 3 trades are still open and we have some guaranteed pips for the New Year……
USDCHF short from 1.2265 (s/l at 1.2240 guarantees plus 25 pips)
GBPUSD long from 1.9539 (s/l at 1.9556 guarantees plus 17 pips)
EURUSD long from 1.3098 (s/l at 1.3126 guarantees plus 28 pips)
As promised, here are some more detailed results for the 2 completed months using this method…
November 2006
Total net pip gain plus 476 pips
Increase in account balance plus 7.08%
GBPUSD plus 123 pips
EURUSD minus 95 pips
USDJPY plus 180 pips
USDCHF plus 211 pips
USDCAD plus 57 pips
December 2006
Total net pip gain plus 856 pips
Increase in account balance plus 12.00%
GBPUSD plus 447 pips
EURUSD plus 342 pips
USDJPY plus 233 pips
USDCHF minus 115 pips
USDCAD minus 51 pips
Cumulative (2 months)
Total net pip gain plus 1332 pips (average plus 666 pips per month)
Increase in account balance plus 19.08% (average plus 9.54% per month)
GBPUSD plus 570 pips (average plus 285 pips pm)
EURUSD plus 247 pips (average plus 123.5 pips pm)
USDJPY plus 413 pips (average plus 206.5 pips pm)
USDCHF plus 96 pips (average plus 48 pips pm)
USDCAD plus 6 pips (average plus 3 pips pm)
So, after two months testing live the method seems to be performing a little better than I was expecting. Obviously, once in a position and in profit the rules keep me in the trade – as I get more experienced I would hope to make more correct calls initially when entering the trades.
Anyhow, it’s been a great journey so far and lots of patience & discipline has been required but it’s paying off so far. Have a wonderful New Year everyone and here’s to a prosperous 2007.
Kind Regards
Steve
Ignored
Quoting NorthproDislikedsteviet,
Great results in your first two months of posting. Wishing you all the best in the new year and continued success with your trading.
Glad to see the fog finally lifted at LHR.
Cheers,
NorthproIgnored
Quoting itmeDislikedDear Steve,
I love the structure of your trading system, and the fact that it works!
You are an inspiration to all aspiring forex investors. Keep it up.
May the Forex be with you! Have a great new year!
ItmeIgnored
Quoting milan47DislikedHi Stevie,
We do appreciate the contribution of Sunny Berkshire and yourself for being able to sleep during the London session and wake up with free breakfast and then some.
Happy New Year from High Bridge, New Jersey, the home of my cat Fibonacci and boxer Dega.
Regards
FrankIgnored
Quoting ut2DaMaxDislikedHi Steve,
Since you are getting so good on you're moves, how about sending us daily email updates. If you do, I would like to be on the list. Here I am never quite sure when you will leave another journal. Just something for you to think about in the future. Thanks so much.Ignored
Quoting karmostajiDislikedYou are an inspiration to all of us , great journal and even greater results. keep up the hard work Steve and thanks for all the tips & helps
Happy new years my friendIgnored
Quoting stevietDislikedWell, my broker does not open for business again until 10pm GMT (5pm NY) tonight :surprised
Currently positions are....
USDCHF short from 1.2265
GBPUSD long from 1.9539
EURUSD long from 1.3098
Will update at around 10pm by which time we should be able to lock in some more pips as well as opening new trades on USDJPY & USDCAD.
Kind Regards
SteveIgnored
Quoting llambert3DislikedWell you are in fantastic positions as everything has gone your way. Great job!!!! What's up with usd/jpy? Were you planning on placing a trade at the open?Ignored
Quoting stevietDislikedYup, just got home for lunch from work & looking good - USDJPY & USDCAD were stopped out on Friday so I'll see where we are at open tonight.
This is my first time trading through the holidays but all my open trades have gone my way as you say - maybe it's an omen for 2007 lol. Actually I was sorely tempted to close the positions on Friday as I saw profits erode late in the day but I didn't want to cheat on the system. It's working so far
Kind Regards
SteveIgnored
Quoting stevietDislikedWhen I say open, I mean open of my new daily bar at 10pm gmt, 5pm ny
SteveIgnored