Here is a full update on my trading results over the past 4 weeks.
Opinions and recommendations can be questionable.
But the numbers don’t lie.
It is interesting to see the results of the current week (Week of June 18, 2009) because anyone who was trading this week knows the market was really whacky. The currencies weren’t moving in their usual ways. Even so, my preferred strategies performed for a potential 300 pips this week.
These results below have come exclusively from using the following 3 strategies:
1) Method 1 - Preferred Strategy
2) 4 hour Sterling Strategy
4) NY Morning Breakout Strategy
For each week I am reporting my actual result as well as the potential result (what would have happened if I took the trades and implemented them exactly as the “rules” of the strategies are written).
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Week of May 25, 2009
Number of Setups that Occured: 8
Number of Trades I Took: 5
Wins/Losses: 7 wins/1 loss
Outcome of the Trades I didn’t Take: All 3 of the these trades were wins.
Number of Pips Won: +190 Number of Pips Lost - 30
My Actual Net Pips = +160
Potential Pips (had I taken every trade set up) : +360 pips
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Week of June 1, 2009
Number of Setups that Occured: 6
Number of Trades I Took: 3
Wins/Losses: 2 wins/1 even (closed it at +0 pips)
Outcome of the Trades I didn’t Take: 2 wins/ 1 loss
Number of Pips Won: +80 Number of Pips Lost - 0
My Actual Net Pips = +80
Potential Pips (had I taken every trade set up) : +170 pips
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Week of June 8, 2009
Number of Setups that Occured: 11
Number of Trades I Took: 9
Wins/Losses: 8 wins/1 loss
Outcome of the Trades I didn’t Take: 1 win/1 loss
Number of Pips Won: +207 Number of Pips Lost - 40
My Actual Net Pips = +167
Potential Pips (had I taken every trade set up) : +340
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Week of June 15, 2009
Number of Setups that Occured: 11
Number of Trades I Took: 6
Wins/Losses: 4 wins/2 loss
Outcome of the Trades I didn’t Take: 2 wins/3 loss
Number of Pips Won: +152 Number of Pips Lost - 70
My Actual Net Pips = +82
Potential Pips (had I taken every trade set up) : +300 pips
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Again these are the 3 strategies I bank on:
1) Method 1 Preferred Strategy - This is the one I started with that really turned my trading around.
2) 4 hour Sterling Strategy (look in the Strategy section of this blog for more info) I added this one next.
4) NY Morning Breakout Strategy (look in the Strategy section of this blog for more info) - I added this one just about 6 weeks ago with good results thus far .
Believe me I’ve read at least 30 different forex strategy books. As for as forex websites and forums and informal recommendations for strategies, I’ve reviewed hundreds of those. The 3 strategies mentioned above - they really deliver, and they have been delivering for me every month for 10 months now (I first discovered my preferred strategy over 10 months ago and that is when my Forex Trading took a definite direction for the better!)
Have a great weekend…..I don’t see any good setups for the Asian open on Sunday - so catch you back here on Monday!
- Ann Pevey
July 18th, 2009 at 10:39 am
Well,
Following the link to your nr. strategy, then just fill in name and email to get DIRECT access to this strategy !
True ??? Of course NOT ! You have to pay first.
I review forex sites for a magazine. I hope your ’strategy’ will indeed be free soon.
Regards,
Jonas
July 18th, 2009 at 2:03 pm
Hello Jonas,
I just wanted to let you know that the strategy that you came across that required you to pay for it is not “my” strategy. It was developed by a professional trader over the course of 10 years, and of course it is copyrighted. I cannot just give it away.
I was not the one who put in over 10 years of trading experience to develop the strategy. But I do benefit from it immensely.
I have paid thousands of dollars to review many different commercial strategies. And my preferred strategy mentioned on my site is the only one that has consistently been very profitable month after month after month, and yet has been simple enough that a newbie could start earning with it. That is why I highly recommend it on my site.
If I could give it away free, I would. But as a writer and a blogger I have greatest respect for intellectual property rights. It doesn’t belong to me. It is not mine to give it away. I’m sure as a writer yourself you understand the respect for intellectual property rights.
But I do the next best thing that I can. I let all my readers know exactly when I have taken a trade based on the strategy, with my precise entry and stop-loss points. Then I let them know as soon as possible when I have closed the trade and what the result is. So even if a person cannot buy the strategy, they could still benefit by following the blog.
I also give my readers at least 2 other great and simple strategies that they can use instead that does not require them to pay anything. These 2 strategies are ones I also use myself on a regular daily and weekly basis.
I hope you will come back and visit my blog sometime and look at all the positive and helpful tips that are there and given for free. I think you will find that very few forex websites gives away as much free as I do. I even open up my actual trading book to my readers, and give the trades as I take them, as well as report the honest results of each trade.
Sincerely,
Ann Pevey, owner/admin of fxstrategyhub.com