High Reward Risk Ratio Journal

Hello,
A system with high Reward Risk Ratio is really a tough job. Here I designed a system with Reward Risk Ratio 3 or above confining my SL within 15-20 pips for major pairs AU EU GU NU and 15-25 pips for JPY related pairs.

This is a complete technical based system. Hard SL, predefined TP. Main target is to maintain high Reward Risk ratio, the holy grail of trading.

Time Zone of Trading: UK of course.

I use here "key" support resistance where currency goes in opposite direction. This is kind of tricky system I can't say all here due to market makers are active to destroy your profitable system. Time frame is any. May be it is day, week or monthly or lower TF. But I get moderate signals in this way. I trade only some pairs with this system. AU EU GU NU UJ EJ GJ. My money management is simple at a time 2% risk of my portfolio expecting 6% or more from this risk. You can increase the risk as I am confident about my system. Monthly target is 10-15% or more. Wish you a good success in my system.
Some principles are defined here:http://www.forexswings.com/

Regards

Here I am attaching an image of EU probable trend reversal zone. I use this zone as strong Resistance. This strong Resistance is my Stop Loss zone. I trade below this zone with 15-20 pips stop loss.

Until the zone becomes invalid, I shall call this is potential zone where price injects more sell. This is SELL zone and for me it is STOP LOSS zone.

My Call:
SHORT GBPJPY @ 151.950-151.980
SL:152.190
Target Profit: 151.20
RR: >3.
Risk: 2% . If you have $5000 Equity Open the trade with 3.75 Times of your equity that means 1.875 mini lot.
Regards.

Cancelled as I did not get the price.

EJ support zone is 127.562, my call is around 127.750-127.810. SL is 127.560 and TP is 128.530.

Lets see whether EU can break my yesterday's predefined zone. If not I shall go for a sell. Don't worry about this type of sharp rise or fall, market makers eat your call with this type of sharp rise and fall.

EU Update.
Lolz. I was preparing for a short in next bearish candle but it did not give any chance me to short it. Sharply fell from the zone.

GJ Support ZONE.

My call: NU sell around .84140-.84150 SL .84340 TP: .83550
NU sell zone.

Update NU:
I opened the trade in .84021 due to unavailable price zone of .84140-.84150 with down SL at .84221 and TP .83420.

AU Call:
SHORT AU at 1.02500 or above with SL 1.02700 with TP 1.01900

Market making going on here. If you were in short your every call is eaten up with this move. They know where the maximum traders are shorting and they save their own accounts by eating all calls.
Forex market is a game of big sharks with little fishes. we are little fishes, market makers or the brokers and liquidity suppliers run this market from one platform to eat all our long and short. as they know the exact level of maximum traders' positions.

To know my trading principles browse here: http://www.forexswings.com/

Nice thread and good trading calls. Keep it up!

Sounds very interesting, im looking forward for you results

AU short
at 1.02650
SL 1.02785
TP: 1.02050
RR>4.44

Nice They have eaten mine and other traders short with NZD Bank Rate same news. No worry. They do so this type things regularly. Even today a news on twitter that Bombing is in White house and Obama is injured and JPY dance
NU next Resistance Zone Here. I am shorting again.
NU Call:
SHORT NU
@ .84450 around
SL .84630
TP .83845

Call GJ SHORT
@151.900
SL @152.150
TP: 151.150

Got at a row 3 consecutive loss. This is the real game to follow your rules at bad time. Okay. I am going to short GU now.
My call:
Short GU
@1.52820 or around
SL @ 1.52995
TP @ 1.52225
RR>3.53

My two trades going on:
AU Opened @1.03119 with SL 1.03201 or 8.2 pips with TP: 1.02800, AU SL now in break even.
GU Opened @1.54416 with SL 1.54500 or 8.4 pips with TP: 1.54116
to know more visit: http://www.forexswings.com

After getting continuous loss I added more than two filters in my system. This will nicely fit I think. As I lost some of my equity so when I got some profit I booked due to adjust with new filtering and new loss if comes.
Good luck with your own trading.