15000 pips in 2011

Hi ,
I will share here my trades.
The trades source cannot be disclosed and thus it cannot be taught , but if you follow this trades you are most often joining the big sharks. You can also use this trades as general direction to guide your own trades or trading methods.

I traded this way in 2009 making about 13000 pips and in 2010 making about 18000 pips. Per month I averaged from 1000 to 2000 pips , while the worst month earned 500 pips - so there was no negative month during 2 years trading period.
Now to the trading rules:

1)Traded pairs: all pairs
2)Every entry is of 1 single position
3)stop loss generaly is 60 pips from entry
4)take profit is generaly 150 pips from entry
5)Sometimes positions will be closed before hitting TP , usualy with profit

Risk to reward ratio is 1:2.6

I will try to post a warning about pending trade , but not always I will be able to do so.
You can use a demo account where I will dublicate my trades - there you will see all the trades and verify them and also use this account as signal for yourself.

demo account details:
broker: fxpro (just make google search to find its mt4 download link)
server: FxPro.com-Demo1
login: 3295288
investor password: esd111

Based on previous 2 years of trading , my goal in 2011 is 15000 pips , averaging 1200 pips per month , without any negative month.

If you have any question - you can ask them here
You can also contact me on skype , my user is art4fx

First, thanks for sharing your trades with Forex Factory.

What are the times that you trade most often? Thanks.

Thanks for sharing. However few things are unclear.
Two positions are: 1 buy and 1 sell, right?
If so, what if the price moves in the other direction of 200 TP?
I tried to log into your demo account but it says invalid account...

i believe both positions in same direction....1st position TP is 50pips..2nd positions TP is 200 pips....

sell or buy..i think we have to wait from the master it self..hehehe

The trading platform MT4 says that it's an invalid account?!

Trade times can be various - it totally depends on market movements , I will try to post about pending trades about 30 minutes of more before they will come

Both positions are in same direction , first will have smaller take profit to allow the trade space for developing to +200 profit
when first TP is hit - we move the SL to -45 , thus reducing the risk to zero and still allowing the price 95 pips of space to develop

about the account - there was a mistake with server - it should be FxPro.com-Demo1 instead FxPro.com-Demo2
I fixed the mistake in main post
Also - it is weekend now and fxpro servers may be off , try to login again at market opening using server FxPro.com-Demo1

interesting money management

will keep an eye on this, good luck fx345..

one thing you say 'The trades source cannot be disclosed' are you using some kind of commercial signaler?

[quote=fx345;4317304]Both positions are in same direction , first will have smaller take profit to allow the trade space for developing to +200 profit
when first TP is hit - we move the SL to -45 , thus reducing the risk to zero and still allowing the price 95 pips of space to develop
/quote]

So the entry becomes critical for which clues are provided by you?
What happens if the trade goes in the negative direction? Do we take loss on both positions?
Anyway, I will look into your fxpro account again.

There is pending sell on audusd , I will update when the entry will be valid

sell audusd 0.9890
tp1 0.9840
tp2 0.9690

sl for both 1.0090

can you at least say which timeframe you use?

makes it easier to follow.

4H time frame , GMT broker

subscribed to thread

thanks.

pending sell on eur/usd, will update when the entry will be valid

sell eur/usd 1.3370
tp1= 1.3320
tp2=1.3170

sl = 1.3570

do you have any exit strategy apart from a SL of 200pips? like a set time or reversal candle pattern?

How about a demo account at a broker that accepts US citizens!!!!

FXPRO will not allow demo or live accounts from citizens of US or Canada.

so no new signals?