sell gbp/usd 1.5908
tp1 = 1.5850
tp2 = 1.5700
sl for both positions = 1.6100
[QUOTE=art4fx;238332]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: eur/usd, gbp/usd and aud/usd
2)Every entry should have 2 equal positions
3)Both positions will have stop loss of 200 pips from entry
4)First position will have take profit of 50 pips from entry
5)Second position will have take profit of 200 pips from entry
6)After first take profit hit - stop loss is moved to 95 pips away from market price , so we are at 45 pips beyond original entry - so if price goes against and hits the moved stop loss - we finish with +5 pips (as we made 50 profit on first position and lost 45 pips on second)
7)Trades frequency: 3-6 per week depending on market conditions
8)Recommended money management: two positions of 0.3 for every 10000 of account equity
As you see - the risk is twice the reward , but , the system has very high success rate and the losses are very rare. Breakevens are more often.
I will try to post a warning about pending trade , but not always I will be able to do so.
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[/QUOTE
I would like more information on how I can obtain excess to the incredible trades. Are there any fees? Will one ever be able to learn this incredible method? Please let me know. Thank you very much.
Hi , was busy this days so couldn’t update well the trades
aususd trade closed with breakeven on 2 positions
eurusd trade was closed with loss of -400 pips - on the demo account the trades are still there - but in real account they hit SL.
gbpusd trade was closed because of high risk at breakeven although it hit tp later so I do not count it.
now we have short signal on eurusd again - I am short at 1.3620
tp1 = 1.3570
tp2 = 1.3420
sl for both = 1.3820
total pips count for now: -400
last eurusd closed with loss too
I added 3 more pairs: gbp/chf , eur/aud , gbp/cad
This will add to trades frequency
total pips count: -800
sell euraud 1.3470
sl= 1.3670
tp1=1.3420
tp2=1.3270
tp1 on euraud hit , on second position we move sl to 1.3510, in case it is hit - the trade will close with total +10
You’ve been averaging 1000 - 2000 pips!! That’s nice, although you are already -800 you have some work to do.
Good luck, will check back on your thread.
D
buy audcad 0.9930
tp= 1.0070
sl = 0.9860
this is single position trade with single tp and sl
previous position of euraud closed on small profit of 10 pips , we have now a pending sell on euraud soon
single position
long nzdusd at 0.7510
tp=0.7660
sl= 0.7450
sell on euraud cancelled
we have 3 new entries:
buy audjpy 82.90 sl=82.27 tp=84.37
buy audchf 0.9417 sl=0.9352 tp=0.9562
buy cadjpy 83.52 sl=82.88 tp=84.98
buy nzdjpy 61.57
sl=60.92
tp=63.03
closed cadjpy at 84.05 with 60 pips profit
buy usdchf 0.9291
sl= 0.9227
tp=0.9437
Art … when you speak of not revealing the ‘source’ are you referring to the system you can’t reveal … not sure i understand although the rules seem simple enough …
You have provided the rules related to size of entry and SL, can you tell me what the Trigger rules are??
very interesting
how much is the worth of you pip
too high risk strategy. you’re risking 400 pips (2 lots) to make the first 50pips for your first lot.
What is your system based on? how much are you risking per trade?
This is insane but fun to watch. Too bad the OP is no longer posting. Could it be he lost everything?