5300 Pips Of Profit - Premium Signals Service for Forex

5300 Pips On Our PREMIUM Signals Service

How do you make 5300 pips in less than half a month? Most traders struggle to even make 100 steady pips a week, let alone 1000+.

We explain below how we did it:

This entry is a follow up to our original Short USDNOK Pays Off Well piece published 9 April 2016. Since then, we have closed out all our trades on USDNOK and have booked a total of 5,370 pips of realized profits. This translates into roughly +6.28% of unlevered returns. This piece is therefore to update readers and followers as well as to provide the last concluding bits of our thoughts.

http://static1.squarespace.com/stati...8615/image.jpg

The supporting trade ticket for our second short position on USDNOK. This trade was closed out earlier on via a take profit buy limit order at 8.0850. This netted us a profit of 2,360 pips, or +2.83%.

http://static1.squarespace.com/stati...0773/image.jpg
The supporting trade ticket for our base short position on USDNOK. This trade was closed out earlier on via a take profit buy limit order at 8.1650. This netted us a profit of 3,010 pips, or +3.55%.

It must be noted that this trade complex (consisting of a base short and a second short position) was initiated on 23 March 2016, and was closed out (second short) on Friday, 29 April 2016.This means this trade complex was active for more than a month. It gives traders a different perspective to what they normally read on forums and websites, where most traders hardly last for longer than a week.

READ MORE:
http://www.businessoffinance.com/trades/2016/5/1/usdnok-shorts-win-5300-pips

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Official Myfxbook Verified Track Record:
http://www.myfxbook.com/members/BOFSIGNALS

To Sign up for our Signals:
http://www.businessoffinance.com/pre...nals/subscribe

Official Myfxbook Verified Track Record:
http://www.myfxbook.com/members/BOFSIGNALS

Before the new trading week begins

A wild week this has been. After basing in anticipation of Wednesday's release of the April FOMC minutes, the markets have been singed with volatility from all angles. The main theme has been strength in the U.S. dollar, as the market now prices in a higher chance of a June hike, after vastly discounting it as a near impossibility.

Strength in the greenback has hit equities and commodities the hardest, along with EMFX and most other DMFX (except the GBP). Treasuries are unchanged for the long end but the short end is down (short yields are higher). Gold and oil (commodities in general) suffered worst, while U.S. stocks were choppy but still ended the week down.

We're likely going nowhere anytime soon.

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Official Myfxbook Verified Track Record:
http://www.myfxbook.com/members/BOFSIGNALS

In the business of Trading & Portfolio Management, results speak louder than words.

In the last 9 months, financial markets have been extremely difficult to navigate, let alone profit from. Despite the savage volatility that traders have been battling against, we are both happy and proud to say that we have done well in relative and absolute terms.

Our main actively managed portfolio is up +67% as of 20 May 2016 (roughly 8 months and 5 days since inception). There were periods of drawdown, as is to be expected with any moderately-levered trading account. Very few traders are able to achieve such results on an account size similar to ours.

Note that all statistics are REAL & VERIFIED by a third party authenticator. You can view them for yourselves here: http://www.businessoffinance.com/premium-signals/track-record

Many of our Premium Signals Subscribers have benefited from our trading signals, because they took the leap of faith in us. You can too.

We're no-nonsense traders that want to help traders learn and improve by actually trading with real capital whilst being aided by our Premium Signals. It's important to note that we trade whatever signals we send out, so there's no conflicts of interest between our clients and us.

We await you on board!

To learn more, visit: http://www.businessoffinance.com/premium-signals/

Were the 5300 pips all of equivalent value? Or were some pips worth more than others? Was the value of your losing pips the same as that of your winning pips, in other words how are you determining lot size, what is your risk per trade? What was the number of losing pips in order to win 5300? You see, you can be up 5300 pips, but down in terms of actual cash. Quoting a number of pips is meaningless. You need to be specific about pip value/lot sizing. Hope this helps you snare a few muppets.

Hi TheGreatMilenko, thanks for your questions. We actually go into deep detail about the trade in the accompanying article. This includes the actual trade ticket, with our actual lot sizes used, dollar profits made and perhaps most importantly, percentage return on trade. In terms of return on cash...our official verified track record is available for everyone to view, so no issues there

Cheers!

Fantastic.

"If other people are putting in 40 hours in a week, and you're putting in 100, you will achieve in four months, what it takes them a year to achieve." - Elon Musk, CEO Space X, Tesla Motors

Hello there,

Work. A four-letter word that usually is associated with impending stress and challenges for most people. Many of us hate work, yet so many successful people empathize with it - some even live, breathe, and dream about work.

To us, work is a necessary thing in life. It keeps us progressing and elevating our lives to higher levels. We have talked about before how much we value progress in life - from improving your fitness, reading more books than ever and getting ahead in your career.

Simply put, work means productivity, forward progress and growth. Creating value in your life for yourself and for others.

In today's write up, we share with you how work drives you forward to success, and how we built a powerful, productive work ethic ourselves that got Business Of Finance to where it is today.

Understand it all, here:
Loving Work (<< READ HERE)

-30715.6 pips this week alone...

http://www.myfxbook.com/members/BOFS...ex-252/1370791

Should you not revise the title?

Hi trader34, thanks for your comment. Yeah we are down this week. Just like the markets, trading has its ups and downs. Just to take note though, myfxbook includes CFDs in their pip calculations, e.g. 50cent on silver is counted as 5000 pips, when in reality, the return/loss percentage is not very high. So it can be abit misleading for traders like us who trade both CFDs and FX.

Btw, the title refers to the particular trades (short USDNOK) we closed out that netted us those pips.

Cheers!

Largest NFP Miss Ever Kills June Fed Hike

When we first saw the 38,000 print, we thought it was an error with our news feed. But no, the U.S. economy added only 38,000 non-farm jobs in May, the lowest since September 2010, and the biggest miss on record. It's really hard to overstate how morbidly bad May's payrolls were. It is, however, commensurately easy to kiss a June rate hike by the Fed a sweet goodbye.

Everyone was shocked. We were definitely shell shocked, because we couldn't believe just how bad the numbers were. Neither could the markets.

Flash crashes and surges sprouted the instant the first HFT algos recognized that it was really an epic disaster. Yes, here we are 5 days late to reporting on this monumental event; but you see, we have more to bring to the table, now that 3 trading days have already passed for the dust to settle.

READ ALL HERE:
http://www.businessoffinance.com/sni...-june-fed-hike