208 pips profit was generated for the 1ST Week of February 2010. 5 trades were executed: 5 trades won and 0 trades lost. This results in a Success rate of 100%!
If you are trading 1 full contract (100,000) per trade, your profit for 208 pips will be around US$2080.
Here are the details of my trades:
1. AUDUSD: 14 Pips Profit
AUDUSD starts to retrace downwards.
Closed AUDUSD at 0.8666, profit is 14 pips.
Original:
Buy AUDUSD at 0.8652
Stop level at 0.8540
Target level at 0.8737
2. EURUSD: 63 Pips Profit
EURUSD has a deep fall. I decide to close my position.
Closed my position at 1.3946, profit is 63 pips.
Original trade:
Sell EURUSD at 1.4009
Stop level at 1.4057
Target level at 1.3922
3. AUDUSD: 21 Pips Profit
EURUSD is looking weak and it may pull AUDUSD down. I do not want to take chance.
Closed my AUDUSD at 0.8892, profit is 21 pips.
Original trade:
Buy AUDUSD at 0.8871
Stop level at 0.8800
Target level at 0.8990
4. AUDUSD: 30 Pips Profit
Market looks pretty unstable. I decide to close off my position before I go to sleep.
Closed at 0.8834, profit is 30 pips.
Original trade:
Buy AUDUSD at 0.8804
Stop level at 0.8740
Target level at 0.8895
5. AUDUSD: 80 Pips Profit
RBA is going to announced interest rate decision in the next few hours.
Price may go up or down drastically after the announcement, we do not want to take risk.
Closed our position at 0.8916, profit is 80 pips.
Original trade:
Buy AUDUSD at 0.8836
Stop level at 0.8745
Target level at 0.8986
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.