It is time for me to update my self formulated BTB strategy performance for the month of July 2018.
For those of you who are a student of my Fx course, please take some time to go through each trades that I have posted below and check if you have taken them.
Information about BTB Strategy
The BTB strategy is formulated by me for my own trading and you will not be able to learn it elsewhere. Do note that personally I used this strategy only on the 15 minutes chart but feedback from students tell me that it works pretty well on other time frames as well.
Some readers thought that break the bands strategy is just as simple as waiting for the price to break the bands and they are absolutely wrong. There is a process where you need to use to verify if the trade is valid or not. This is to prevent you from getting into more losing trades and this is a techniques that I have derived over the years to allow me a lot more winning trades than losing trades in this strategy.
Do note that I have the habit of shifting my stop loss to breakeven when the price has moved certain pips in my favor and I also teach this techniques in my course to help my student protect their hard earned money.
That is why you will see breakeven trades in my performance report. Sometimes, there will be trades which trigger the breakeven stop loss and then moved in our favor, but this is something we have to accept as a trader. The difference between pro trader and new trader is the protection of account.
Pro trader cares about their account more than profits as there are always another trade available as long as we have money in our account. New trader only cares about the profits and nothing else.
Below are some emails and testimonials I have received from my students
Below are the BTB trades that were taken
EURUSD
- 10th July 2018 : +50 pips
- 12th July 2018 : -25 pips
- 16th July 2018 : Breakeven
- 18th July 2018 : Breakeven
- 20th July 2018 : +50 pips
- 27th July 2018 : -25 pips
- 30th July 2018 : +50 pips
GBPUSD
- 5th July 2018 : Breakeven
- 5th July 2018 : -25 pips
- 15th July 2018 : +50 pips
- 18th July 2018 : +50 pips
- 23rd July 2018 : Breakeven
- 27th July 2018 : -25 pips
USDJPY
- 20th July 2018 : +50 pips
GBPJPY
- No Trades
Profit and Loss Report
Profit = 6 x 50 pips = 300 pips
Loss = 4 x 25 pips = 100 pips
Profit Made With This Strategy = 200 pips (Equivalent to $2,000 based on trading 1 standard lot per trade)
If you are trading one standard lot per trade, you will be making $2,000 with this strategy. If you are trading 0.5 lot per trade, you will make about $1,250 with this strategy.
So if you are a student of my course, please put in effort to practice what I have taught you as the strategies really work.
In order to help my student shorten the learning curve, I have created a BTB Signal Service for all my students so that you can profit from the strategy as well.
As most of you are having a day job on hand, after watching the video analysis, you can then enter the trade via the MT4 apps on your phone. However I will recommend you to look at the chart yourself to validate the BTB setup before you enter the trade. This will help you to shorten your learning curve and make profit from the strategy as well.
If you are interested to find out more about this service, simply click on the link below for more information
Thks for the profits last week with your service. You are the best.
Sure, you will see more profits as it goes
Hi Mentor
Your Signal Service has greatly shorten my learning curve as I get to how you analyze the market.
Thank you for the report. I really love your BTB strategy as it is simple and effective. I am now in the 4th module of the course and I am eager to go into live trading. However I will stick to your advice to start with demo and only move to live after I manage to make profit from the demo.
Glad to hear that you love the strategy. Trust me, this is one of the best strategy to trade as it has a high risk reward ratio