Low Risk, High Reward Trading Experiment

This trade just got stopped out.

EUR/CAD is in good green zone.

Havent taken position on Euro, Cable and Yen.

Will keep you posted about EUR/CAD.

GBP/CHF positin is still there.

Thursday 5/4/2006 3:30 ET

TS#13 Sell USD/CAD at market price approx.1.1125

Signal provider advises re-entry to sell USD/CAD at market price (approx 1.1125)

Stop is 1.1155

Target is 1.1000 or lower

Risk is approx. 35 pips
Reward is min. 125 pips
Reward : Risk ratio is min. 4 to 1

The following trade would have been stopped out. However, the stop for this trade was re-adjusted upwards today to 2.2820 to compensate for the trendline progression.

This trade is therefore still in play for testing purposes.

______________________________

Tuesday afternoon trade No 2 - larger profits in GBP/CHF TS # 5
Sell GBP/CHF at market price (approx. 2.2760)
Target 2.2585
Stop 2.2804
Reward 175 pips
Risk (incl spread) approx 60 pips
Reward : Risk ratio is about 3:1
This is for test purposes of signal provider only.

Yeah I think you should mention like 'Get out of this position if 15 minutes candle closes above the stop loss point'. Because everytime the price just touches your stop loss point and retraces back sharply.

This is a new signal provider, doing a beta test. I will pass on your suggestion. I think it is a good one. There seems to be a slight bug in the way the stops are being calculated, as they seem to be a bit too close. The goal is to craft low risk, high gain trades. This is a lofty ambition.

Stops are very difficult, in fact the hardest part of trading. A rule such as yours might be an improvement over a fixed stop if a trader is monitoring the trade. Stops often need to be adjusted if a trade is multi-day in duration.

Thanks. By the way, the USD/CHF did not stop out. It is still good. The stop is 1.2421, and the high so far is 1.2420 according to fX trek charts. A very close call, though. Too close for comfort.

All your trades made good money in todays trade too.

All of them are plus 50 pipes, if I am not wrong.

Why dont you make a Journal thread for your trades from those signals here:

http://www.forexfactory.com/forexfor...splay.php?f=49

You will be getting more replies and views from experts who may even help you fine tunning your system to best.

Thursday 5/4/2006 14:15 ET

TS#14 - Sell EUR/JPY at 144.45 for 300 pips profit

Sell EUR/JPY at market price (144.30), or preferably, wait to rise to 144.45

Target 141.45

Stop 144.85

Reward 300 pips
Risk 48 pips

Reward: Risk ratio 6 to 1

Friday 5/5/2006 2:00 ET

TS#15 Sell USD/CAD at 111.00

Sell USD/CAD at 111.00

Target is 1.0990 to 109.30
Stop is 111.33

Reward is min. 110 pips
Risk is approx. 38 pips

Reward : Risk ratio is min. 3 to 1

This report is for testing purposes of a new signal provider only, not for live trading purposes.

Friday 5/5/2006 5:30 ET

Sell USD/JPY at market price (approx. 113.90 - 113.95)

Targets:

Target #1 113.05
Target #1 112.50
Target #3 111.20

We are not certain of the size of this movement. Depending on the strength of the movement, choose the appropriate target. The conservative trader or beginner should choose the conservative target.

Stop 114.05

Reward min. 80 pips
Risk approx 19 pips

Reward : Risk ratio is over 4 to 1

For testing purposes only.

Friday 5/5/2006 5:30 ET

TS#17 Sell USD/CHF at market price (approx. 123.10 - 123.15)

Target is 1.2175

Stop is 1.2326

Reward is 135 pips
Risk is approx 30 pips

Reward : Risk ratio is 4.5 to 1

For test purposes only.

Friday 5/5/2006 5:30 ET

TS #18 Buy GBP/USD at market price (1.8475 - 1.8485)

Targets:

Minimum target is 1.8565
Max target is 1.8600

Stop is 1.8465

Reward is min. 80 pips
Risk is approx. 25 pips

Reward: Risk ratio is about 3 to 1

Friday 5/5/2006

TS #18

Sell GBP/JPY at Market Price ( 210.65 - 210.70)

Target 203.75 (min.) to 202.50 ( possible)

Stop 211.35

Likely duration : 10 to 30 days

Reward 690 pips

Risk 75 pips

Reward : Risk ratio is 9 to 1



R

You catched 1 cent profit in all JPY trades you mentioned in two days!

Neither does any of your other trades are facing any substantial loss, if any; as most of them are at breakeven.

Results so far are quite good.

There were several successful trades at first, and a few ocassions of being stopped out. Generally the stop sizes are very small, and the rewards quite large. Sometimes we were stopped out by only a few pips, indicating the stops were a bit too tight.

The first big EUR/CAD trade never happened, as the entry conditions weren't met.

The little 64 pip EUR/CAD trade worked perfectly.

A 90 pip USD/CAD trade worked very well, displaying remarkable accuracy.

The little 45 pip AUD/CAD trade with a tiny stop hit the stop, then flew up to the target. Too bad the stop was so small.

The large GBP/CHF trade was eventually stopped out.

TS#8 buying AUD/USD narrowly missed its stop, and then progressed within 5 pips of its target this morning. Its prospects for completion are quite good.

TS#9 worked well, yielding 125 to 160 pips profit

TS#9 b) on USD/JPY worked well, yielding over 170 pips

TS#10 on CAD is still pending.

TS#11 on GBP yielded 125 pips

TS#12 on EUR/USD yielded 90 pips profit

TS#14 on EUR/JPY has already progressed 200 pips towards its 300 pip profit target.

TS#15 is still in progress, and looks promising.

TS#16 on USD/JPY already reached its median target, yielding 140 pips profit.

TS#17 on CHF is closing in on its target, which will yield 135 pips profit if successful. This situation looks very close, perhaps exiting a little short of the target would be wise.

TS#18 on the GBP/USD was successful, yielding over 80 pips profit. The maximum target was met within two hours of the nonfarm payrolls report this morning, yielding 115 pips profit.

TS#19 on GBP/JPY moved 200 pips in the direction of its target this morning, which is a full 690 pips from the entry price.

Overall, the results are far superior (so far, on this relatively small sample of about 20 trades, some not yet complete) to most, if not all other signal service providers. I hope the high accuracy and rate of success can be maintained. If so, we can all make good rates of return on these signals.

Hello ItMe,

Just droping you a note to show you my appreciation. I've only discovered your thread last night and have followed TS14 Eur/Jpy; TS15 Usd/Jpy; and TS16 Usd/Cad;

Keep these posting coming they're much appreciated.

Wow thats some cool trades!

Sunday 5/8/2006 2:00 ET

For those who aren't already shorting EUR/JPY from Trade Signal #14, another entry opportunity has arisen.

TS#20 Sell EUR/JPY at 142.20

Entry price 142.20 or as close as possible

Stop price 142.38

Target 140.95

Reward 125 pips
Risk 21 pips (incl spread)

Reward : Risk Ratio 6 to 1

Sunday 5/8/2006 2:45 ET

TS#21 Buy GBP/USD at 1.8582 to 1.8600

Target 1.8765 min, median 1.8830, 1.8915 max

Stop 1.8576

Reward min. 165 pips
Risk 28 pips

Reward : Risk Ratio is 6 to 1

For testing purposes only.

Monday 5/8/2006 5:20 ET

TS#22 Sell AUD/JPY at 86.00 - 86.10

Target 81.10

Stop 86.25

Reward 490 pips
Risk 29 pips

Reward : Risk ratio 17 to 1

For testing purposes only.

Monday 5/8/2006 8:00 ET

TS#23 Sell USD/CAD at 1.085 - 1.090

Target 1.1020

Stop 1.1113

Reward 65 pips
Risk 33 pips

Reward : Risk ratio 2 to 1