It is time for me to consolidate the overall performance for my Break The Bands Strategy for the month of June 2014. Time flies and I have been updating the performance of my strategy since December 2012 and it has been 18 monthsalready and there is not a single losing month with this strategy and this goes to show how good it is.
Do note that break the bands strategy is actually part of the Forex Street University Course and this is a strategy that I have formulated myself and you will not be able to learn it elsewhere.
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 avoid you from getting into more losing trades and this is a techniques that I have derived over the years.
As for the entry, there is also a technique for it so that you can identify the best entry point so that you can grab more profits.
The first half of the month only produces 5 trades in total but the second half of the month produces 10 trades and therefore there are a total of 15 trades taken with this strategy for the month.
The purpose of this report is not only to showcase the results of this strategy but also to allow the students of my Forex Street University course to be able to see if they miss out any trades or not so that they know how good they are now.
The strength of this strategy is its good risk reward ratio and good winning percentage. So spend sometime to look through the results below.
Below are the details of the trades taken by me
- 10th June 2014: +50 pips
- 10th June 2014: Breakeven
- 16th June 2014: -25 pips
- 17th June 2014 22:00: -25 pips
- 19th June 2014 00:45: +50 pips
- 25th June 2014 00:45: Breakeven
- 30th June 2014 02:00: +50 pips
- 10th June 2014: +50 pips
- 19th June 2014 02:15: +50 pips
- 25th June 2014 20:30: +50 pips
- 25th June 2014 07:45: +50 pips
- 29th June 2014 21:00: -25 pips
- 3rd June 2014: Breakeven
- 20th June 2014 00:15: Breakeven
- 30th June 2014 20:15: +50 pips
As a whole, there are 8 winning trades, 4 breakeven trades and 3 losing trades for the month of June 2014 and it made me 375 pips profits in total with just one strategy out of my 8 strategies in my Forex Street University Course. (Equivalent to $3,750 profits based on trading 1 standard lot per trade)
I am happy to receive emails from students telling me how ecstatic they are after getting all these profitable trades and frankly speaking, I am very very happy for all of them as they have acquired a lifetime money making skills.
All the techniques and setup in my course are time tested and proven to work for me for years and that is why I am teaching it to you.
For those of you who are my forex street university course students, I will advice you to focus on break the bands strategy first as it is a very reliable and easy to execute strategy. Start making money with it and then move on to practice the other strategies.
I understand that a lot of you have been very cautious when looking for a forex course as there are a lot of lousy courses that are created by marketers trying to make money from those of you who are interested in trading. These people are not real traders and this explains why those strategies that they teach do not work. In fact, I have purchased several low quality courses when I am new to trading and therefore I understand your concern. You can take a look at my course but do not rush into buying it, have a feel of the way I teach in those articles and videos in this blog before you decide if this course is for you. There is no point in getting a course where you do not like the teaching style.
For those of you who are not in any forex course and are still struggling in your trading, you can take a look at my Forex Street University Course below
If you will like to learn how to trade from me, you can take a look at my Forex Street University Course below