It is time for me to give you a complete update to the performance of Break The Bands Strategy which is one of the strategy in my Forex Course.
This is a unique strategy that is formulated by me and so far only my students and me are using it to profit from the forex market.
The good point about this strategy is its risk reward ratio of 1:2 which makes it profitable for any trader. Personally I am making money from this strategy every month for years already. This strategy simply never gives me a losing month before.
That is why I decided to incorporate this strategy into the Forex Course so that you guys can make money using it.
Below is the results for this strategy for the whole month of April so far
There are more profitable trades for the first half of the month. On the second half of the month, there are more breakeven trades that are taken.
- 2 April 2014: Breakeven
- 8 April 2014: +50 pips
- 9 April 2014: +50 pips
- 18 April 2014: Breakeven
- 29 April 2014: Breakeven
- 3 April 2014: Breakeven
- 7 April 2014: +50 pips
- 9 April 2014: + 50 pips
- 16 April 2014: Breakeven
- 24 April 2014: -25 pips
- 16 April 2014: -25 pips
- 29 April 2014: +50 pips
- No Trade
- 20 April 2014: Breakeven
As a whole, 13 trades were taken using the Break The Bands Strategy so far and there are 5 Winning Trades, 6 Breakeven Trades and 2 Losing Trade. In total, I made 200 pips profits from this strategy alone (Equivalent to $2,000 based on trading 1 standard lot per trade)
The reason why you are seeing breakeven trade is that all my strategies in the Forex Course comes with a technique to shift the stop loss when the price has moved to a certain profits for each strategy.
All these techniques and setup 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 students in my Forex Course, I hope that you are getting the same good results as me. In fact, I believe most of my students are making more than this amount as they are trading with 8 proven strategies on hands.
For those of you who are interested to find out more about the Forex Course, you can click on the link below for more information.