It’s been a great first month of trading with the net results of +706 pips with a 4/6 (66%) win ratio. You can browse the January archives to find analysis of past the trades.

Jan. 10, -23 pip
Jan. 11, +40 pip
Jan. 16, -32 pip
Jan. 16, +157 pip
Jan. 18, +324 pip
Jan. 23, +240 pip

Total = +706 pips

 

I think I will continue playing around with my two methods of trading as so far the Demark Trend Line technique has given a bigger risk/reward ratio however with a lower loss ratio than of the HectorTrader 3 SMA technique. However the 3 SMA technique is much more conservative and precise but trading opportunities are quite rare.

The current EUR/GBP trade looks promising too and is currently up +18 pips and since this is a slow moving pair, it’ll be a while until profit targets are met. I’ll add the total to the February pip count since it may be a while until it materializes.

 




Related Posts: