Saturday, November 25, 2017

Update Report For Forex Mastery For March 2014

It is time to update you guys about the performance of one of the strategies in my Forex Street University course.

Do note that the Break The Bands Strategy is a module inside the Forex Street University course. The break the bands strategy has a stop loss of 25 pips per trade and target profit is set at 50 pips per trade.

When the price moves 25 pips in my favor, I will shift the stop loss to breakeven which is one technique that I also teach in the Forex Street University course. This is a technique to protect our trading account.

Therefore you can see some trades that are breakeven. In fact, there are trade where the price moves 49 pips but still 1 pip short to my target and then started to reverse.

As my stop loss is set to breakeven at that moment, the price hits it and the trade is a breakeven trade.

Some of you may think that it is a waste as the price has moved 49 pips already but 1 pip short of our target. This is one thing that you must be able to endure if you want to become a professional trader.

Believe in your strategy and you will find that it can make you money even with such trades.

EURUSD

  • 7 March 2014: +50 pips

7 March

  • 13 March 2014: +50 pips

13 March

  • 14 March 2014: -25 pips

14 March

  • 17 March 2014: -25 pips

17 March

  • 20 March 2014: +50 pips

20 March

GBPUSD

  • 6 March 2014: -25 pips

6 Mar GBPUSD

  • 11 March 2014: Breakeven

11 March GBPUSD

USDJPY

  • 5 March 2014: +50 pips

5 March USDJPY

GBPJPY

  • 5 March 2014: +50 pips

5 March GBPJPY

So far, the break the bands strategy took 9 trade in total and there are 5 winning trades, 3 losing trades and 1 breakeven trade. This strategy alone made me 175 pips profits so far for March 2014. To me, this is a great strategy and when combined with the rest of my other 7 strategies in the Forex Street University course, I have a great month so far in trading.

For those of you who are my Forex Street University course students, I hope that you are making the same profits as me.

For those for you who are interested in learning this strategy, you can take a look at my Forex Street University Course by clicking on the link below.

Click Here For More Information

 

 

 

 

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