My Asian Breakout trading Journal

GBP/USD Long triggered @ 1.7328, SL was triggered @ 1.7288. Result: -40 pips

USD/CHF short triggered @1.3049, TP triggered @1.2992, result: +57 pips

Result for 03-Jan-2006

GBP/USD
Long triggered @ 1.7328, SL was triggered @ 1.7288.
Result: -40 pips

USD/CHF
Short triggered @1.3049, TP triggered @1.2992.
Result: +57 pips

Result for the day: +17 pips

I have started Asian breakout journal since 21-December-2005. Here is the summary of the result since then.
I am trading both GBP/USD and USD/CHF. After reviewing, I have decided to extend profit taking target from High + 70 to High + 120 pips.

Date GBP/USD USD/CHF P/L

21-Dec-05 57 0 57
22-Dec-05 57 -35 22
23-Dec-05 30 4 34
27-Dec-05 0 -26 -26
28-Dec-05 104 0 104
29-Dec-05 -31 -73 -104
30-Dec-05 0 -26 -26
03-Jan-06 -40 57 17
Total 177 -99 78

Today's Entry 04-Jan-2006

GBP/USD
Long:1.7547 SL:1.7507 TP:1.7654
Short:1.7447 SL:1.7487 TP:1.7327

USD/CHF
Long:1.2908 SL:1.2868 TP:1.3015
Short:1.2815 SL:1.2855 TP:1.2708

Result for 04-Jan-2006

GBP/USD
Long triggered @ 1.7547, SL moved to break even and was triggered.
Result: 0 pip

USD/CHF
Short triggered @1.2815, Trade closed at EST noon
Result: +7 pips

Result for the day: +7 pips
Result for Jan 06 : +24 pips

Today's Entry 05-Jan-2006

GBP/USD
Long:1.7602 SL:1.7562 TP:1.7709
Short:1.7524 SL:1.7564 TP:1.7404

USD/CHF
Long:1.2812 SL:1.2772 TP:1.2919
Short:1.2748 SL:1.2788 TP:1.2641

Result for 05-Jan-2006

GBP/USD
Short triggered @ 1.7524, SL was triggered.
Result: -40 pips

USD/CHF
Long triggered @1.2812, SL was triggered.
Result: -40 pips

Result for the day: -80 pips
Result for Jan 06 : -56 pips

Today's Entry 06-Jan-2006

GBP/USD
Long:1.7586 SL:1.7546 TP:1.7693
Short:1.7511 SL:1.7551 TP:1.7404

USD/CHF
Long:1.2806 SL:1.2766 TP:1.2913
Short:1.2735 SL:1.2775 TP:1.2628

Note that NFP is released later of the day.

Result for 06-Jan-2006

GBP/USD
Long triggered @ 1.7586, TP was triggered.
Result: +107 pips

USD/CHF
Short triggered @1.2735, SL was triggered.
Result: -40 pips

Result for the day: +67 pips
Result for Jan 06 : +11 pips

Today's Entry 09-Jan-2006

GBP/USD
Long:1.7739 SL:1.7699 TP:1.7846
Short:1.7643 SL:1.7683 TP:1.7536

USD/CHF
Long:1.2780 SL:1.2740 TP:1.2887
Short:1.2678 SL:1.2718 TP:1.2571

GBP/USD
Short triggered @1.7643, SL was triggered.
Result: -40 pips

USD/CHF
Long triggered @1.2780, trade closed at EST noon @ 1.2787
Result: +7 pips

Total for the day: -33 pips

This is the last post of this thread for the time being.
As it is pretty difficult for me to post constantly while trading, I will need to put a stop here. Trading is more important to me..sorry to say that.

Anyway, the system is still valid, I am trading live , in fact.
In case, you have question or interested in knowing more about this strategy, you can PM me or drop me an email.


Thanks for reading and have a profitable year ahead.

Thanks for your posting. I wish you continued success. Give us an update from time to time.

Can you please update us if the breakout system still works because as far as I know breakout systems don't work any longer and it stopped working in 2010.