591 pips loss was generated for December 2009. 14 trades were executed: 7 trades won and 7 trades lost. Performance in December 2009 is exceptionally poor due to poor liquidity of the forex market.
Here are the details of my trades:
1. NZDUSD: 71 Pips Loss
Stop triggered, loss is 71 pips.
Original:
Sell NZDUSD at 0.7039
Stop level at 0.7110
Target level at 0.6940
2. EURUSD: 31 Pips Profit
Support seems to formed at 1.4250
Closed my trade at 1.4288, profit is 31 pips.
Original trade:
Sell EURUSD at 1.4319
Stop level at 1.4410
Target level at 1.4216
3. AUDUSD: 1 Pips Profit
MACD and Williams have signal buy.
Close this trade at 0.8888, profit is 1 pips.
Original trade:
Sell AUDUSD at 0.8889
Stop level at 0.8969
Target level at 0.8769
4. AUDUSD: 80 Pips Loss
Stop triggered, loss is 80 pips.
Original trade:
Buy AUDUSD at 0.9005
Stop level at 0.8925
Target level at 0.9105
5. USDCHF: 94 Pips Loss
Stop triggered, loss is 94 pips.
Original trade:
Sell USDCHF at 1.0366
Stop level at 1.0460
Target level at 1.0260
6. NZDUSD: 52 Pips Profit
Support formed at 0.7200.
I decide to close my NZDUSD at 0.7211, profit is 52 pips.
Original trade:
Sell NZDUSD at 0.7263
Stop level at 0.7343
Target level at 0.7173
7. USDCHF: 194 Pips Loss
We have a lousy trading week. If you look into our performance page, you will see that we have lousy months as well. But end of the day we still achieve more wins than losses. This shows that we have proven strategy.
Original trade:
Sell USDCHF at 1.0211
Stop level at 1.0360
Target level at 1.000
8. EURUSD: 177 Pips Loss
Stop triggered, loss is 177 pips.
Original trade:
Buy EURUSD at 1.4817
Stop level at 1.4640
Target level at 1.5000
9. EURUSD: 35 Pips Profit
Closed my EURUSD at 1.4767, 35 pips profit.
Original trade:
Buy EURUSD at 1.4732
Stop level at 1.4620
Target level at 1.4820
10. AUDUSD: 25 Pips Profit
Williams shows that AUDUSD is overbought, so I decide to close my AUDUSD position.
Sold at 0.9133, 25 pips profit.
Original trade:
Buy AUDUSD at 0.9108
Stop level at 0.9000
Target level at 0.9200
11. USDCHF: 77 Pips Loss
Stop triggered, loss is 77 pips.
Original trade:
Sell USDCHF at 1.0143
Stop level at 1.0220
Target level at 1.000
12. EURUSD: 80 Pips Loss
Stopped triggered. Loss is 80 pips.
Original trade:
Buy EURUSD at 1.4850
Stop level at 1.4770
Target level at 1.4980
13. EURUSD: 23 Pips Profit
I closed my EURUSD position at 1.5066, profit is 23 pips.
Original trade:
Sell EURUSD at 1.5089
Stop level at 1.5160
Target level at 1.5000
14. AUDUSD: 15 Pips Profit
RBA increases interest rate by 25 basis point to 3.75%.
I closed my position at 0.9153, profit is 15 pips.
Original trade:
Shorted AUDUSD at 0.9168
Stop level at 0.9248
Target level at 0.9068
All of my trades are executed based on fully tested trading system based on real life experience.
If you are interested to learn about this trading system, send an email to me at metal.commodity@tradingeducationprogram.org to sign up for my Trading Education Program.
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