I have been an active member of ForexFactory for over a year and all of my live posted trades are available to view below, producing over +300% profit with 1% to 2% risk per trade.
I have included every single trade taken by myself in the last 11 months.
All trades can be verified by clicking on the links to each trade. These are not “cherry picked” trades, but “warts and all”, every trade I have taken and posted in real time since August ’09.
Having received numerous requests from fellow traders, I have now become a Commercial member and provide a trade recommendation service sent directly via sms text immediately as I am about to take each trade.
This service includes the following:
A text is sent to all members as soon as I am about to enter a trade, each text shows the exact entry point, stop loss, take profit level and maximum risk. (In most cases 1%, but never exceeding 2%).
After receiving the text with the trade details, members can also log onto our members page and view the chart and analysis for that particular trade. This service is designed not to just make traders profitable, but more importantly to show traders exactly how I trade, how I see the market, and how to trade price action alone, without the use of indicators.
In addition, members also receive a text with details for a single daily trade. These single trades have a high success rate and produce an excellent return.
This service goes live on Monday 28th June and those interested are more than welcome to join our free trial.
Further details can be found on the website here.
Please bear in mind, the results below DO NOT include numerous other trades taken which have not been posted on ForexFactory, but I can tell you that profts exceed those shown below. Unsure? Take the free trial and see for yourself.
A trader with a $10,000 account for example, no withdrawals, following the same trades and using identical Money Management (i.e. Average 1% per trade):
Trades from August 09-September 09 were mainly posted in the G/U Interactive thread,
Trades posted from October 09- Present can be found in my personal trading thread: G/J, GU and U/J Trading Thread
The results below show the trades in real time. Each entry on the FF website records the time and date of the post entry and this is shown in the top left of every post. Percentage loss shown to the right of each post link below is based on a maximum of 1%-2% per trade unless otherwise stated within the post. So, for example, a 100 pip stop loss and 440 pip take profit would be a risk of 1% and a take profit of 4.4%.
Please bear in mind some trades have a single position entry and take profit level, and a few trades have multiple single positions scaled in. Scaled in positions are normally added to once the previous position is in profit and locked in at breakeven.
Many trades have multiple take profit levels from a single entry point (in most cases 3-5 take profit levels) and the percentage profit for those particular trades is calculated is follows:
If a trade has 3 take profit levels from a single entry point, then we still have an overall total risk of 1%, unless stated otherwise. However, with 3 positions = 1%/3= 0.33% Risk per position. In the above scenario, the 100 pip stop loss would still incur a total 1% loss if touched, however, take profit levels of 100, 300 and 440 for example, would be a profit of 100x1%/3= 0.33%, 300x1%/3= 0.9% and 440x1%/3= 1.32%. If all 3 profit levels of 100, 300 and 440 were touched, we would have a total gain of 0.33+0.9+1.32= +2.55%.
The majority of trades have a relevant entry point, stop loss and take profit level. These are discussed in advance or immediately as they are taken. In many cases charts are shown and the reasons given for taking each trade.
Trades shown below without profit/loss figures are due to the fact that those posts are discussing the existing trade. For example, during September 2009 new positions were being added to existing profitable trades already locked in at breakeven, these were closed for profit during the first week of October; therefore the profit from the later September trades are shown in October as they reached their targets. Please feel free to check all of my trades.
As mentioned previously, these are not cherry picked examples, but every single trade I have taken and posted on Forex Factory in real time from August 2009 until the present date, 11 months in total.
You may find it easier to work from top to bottom as this will show each trade as it is moved to breakeven, stop and reverse trades, etc.
August '09 Results:
http://www.forexfactory.com/showpost.php?p=2911743&postcount=152240
http://www.forexfactory.com/showpost.php?p=2924962&postcount=154255
http://www.forexfactory.com/showpost.php?p=2925577&postcount=154359 +428, +2.85%
http://www.forexfactory.com/showpost.php?p=2928339&postcount=154827
http://www.forexfactory.com/showpost.php?p=2931992&postcount=155333
http://www.forexfactory.com/showpost.php?p=2993820&postcount=160973 +1000, +5%
http://www.forexfactory.com/showpost.php?p=2928339&postcount=154828
http://www.forexfactory.com/showpost.php?p=2943816&postcount=156673 +492, +0.98%
http://www.forexfactory.com/showpost.php?p=2946499&postcount=156945
http://www.forexfactory.com/showpost.php?p=2951914&postcount=157558
http://www.forexfactory.com/showpost.php?p=2960004&postcount=158278 +0
http://www.forexfactory.com/showpost.php?p=2964942&postcount=158853
http://www.forexfactory.com/showpost.php?p=2988238&postcount=160536 -134, -1.34%
http://www.forexfactory.com/showpost.php?p=2989942&postcount=160710 -100, -1%
http://www.forexfactory.com/showpost.php?p=2993820&postcount=160973
http://www.forexfactory.com/showpost.php?p=2997755&postcount=192007
http://www.forexfactory.com/showpost.php?p=3005487&postcount=161751 +172, +0.57%
http://www.forexfactory.com/showpost.php?p=3012248&postcount=162353 +0
http://www.forexfactory.com/showpost.php?p=3013820&postcount=162432
http://www.forexfactory.com/showpost.php?p=3016088&postcount=162826
http://www.forexfactory.com/showpost.php?p=3018550&postcount=162942 +158, +0.79
August Total: +2116, +7.85%
September '09 Results:
http://www.forexfactory.com/showpost.php?p=3018550&postcount=162942
http://www.forexfactory.com/showpost.php?p=3018730&postcount=162964
http://www.forexfactory.com/showpost.php?p=3019529&postcount=163104
http://www.forexfactory.com/showpost.php?p=3019985&postcount=163155 +200, +0.6%
http://www.forexfactory.com/showpost.php?p=3025322&postcount=163747
http://www.forexfactory.com/showpost.php?p=3031292&postcount=163972 +278, +0.92%
http://www.forexfactory.com/showpost.php?p=3032554&postcount=163994
http://www.forexfactory.com/showpost.php?p=3033296&postcount=164048
http://www.forexfactory.com/showpost.php?p=3033355&postcount=164053
http://www.forexfactory.com/showpost.php?p=3040469&postcount=164501 +300, +3%, +150, +1.5%, +100, +1%, -40, -0.4% Total: +510, +5.1%
http://www.forexfactory.com/showpost.php?p=3040469&postcount=164501 +102, +0.5%
http://www.forexfactory.com/showpost.php?p=3052516&postcount=165187
http://www.forexfactory.com/showpost.php?p=3055431&postcount=165292
http://www.forexfactory.com/showpost.php?p=3064739&postcount=166243
http://www.forexfactory.com/showpost.php?p=3064907&postcount=166272
http://www.forexfactory.com/showpost.php?p=3068185&postcount=198480 +0, +0
http://www.forexfactory.com/showpost.php?p=3068490&postcount=198493
http://www.forexfactory.com/showpost.php?p=3073424&postcount=167269
http://www.forexfactory.com/showpost.php?p=3085287&postcount=199462
http://www.forexfactory.com/showpost.php?p=3086484&postcount=168219
http://www.forexfactory.com/showpost.php?p=3088757&postcount=199669
http://www.forexfactory.com/showpost.php?p=3088942&postcount=168670
http://www.forexfactory.com/showpost.php?p=3088962&postcount=199691
http://www.forexfactory.com/showpost.php?p=3089219&postcount=168752 +60, +0.3%
http://www.forexfactory.com/showpost.php?p=3089224&postcount=168754
http://www.forexfactory.com/showpost.php?p=3090969&postcount=169092
http://www.forexfactory.com/showpost.php?p=3092654&postcount=169300
http://www.forexfactory.com/showpost.php?p=3092872&postcount=169354
http://www.forexfactory.com/showpost.php?p=3092966&postcount=169390
http://www.forexfactory.com/showpost.php?p=3096287&postcount=169729
September Total: +1150, +7.42%
October '09 Results:
http://www.forexfactory.com/showpost...&postcount=109
+1090, +10.9%, +880, +8.8%, +0, GU +963, +9.63 % +330, +3.3% Total: +3263, +32.63%
http://www.forexfactory.com/showpost.php?p=3151225&postcount=152 -62, -0.62%
http://www.forexfactory.com/showpost.php?p=3170934&postcount=206 +427, +2%
http://www.forexfactory.com/showpost.php?p=3172131&postcount=220 -17, -1%
http://www.forexfactory.com/showpost.php?p=3175634&postcount=223
http://www.forexfactory.com/showpost.php?p=3177716&postcount=242 -45, -1%
http://www.forexfactory.com/showpost.php?p=3185134&postcount=261
http://www.forexfactory.com/showpost.php?p=3189363&postcount=280 +185, +1.85%
http://www.forexfactory.com/showpost.php?p=3189608&postcount=284
http://www.forexfactory.com/showpost...&postcount=316
-150, -1.5%
October Total: +3601, +32.36%
November '09 Results:
http://www.forexfactory.com/showpost.php?p=3216150&postcount=353
http://www.forexfactory.com/showpost.php?p=3217415&postcount=364 -105, -1%
http://www.forexfactory.com/showpost.php?p=3223134&postcount=366
http://www.forexfactory.com/showpost.php?p=3224535&postcount=374 +140, +1.4%
http://www.forexfactory.com/showpost.php?p=3224535&postcount=374
http://www.forexfactory.com/showpost.php?p=3229198&postcount=446 +150, +1.5%
http://www.forexfactory.com/showpost.php?p=3229198&postcount=446 -30, -0.8%
http://www.forexfactory.com/showpost.php?p=3234055&postcount=492
http://www.forexfactory.com/showpost.php?p=3240561&postcount=621 +62, +0.31%
http://www.forexfactory.com/showpost.php?p=3243768&postcount=685
http://www.forexfactory.com/showpost.php?p=3248688&postcount=774 +274, +2.74%
http://www.forexfactory.com/showpost.php?p=3251750&postcount=800
http://www.forexfactory.com/showpost.php?p=3252066&postcount=814
http://www.forexfactory.com/showpost.php?p=3252106&postcount=817 +24, +0.5%
http://www.forexfactory.com/showpost.php?p=3252106&postcount=817
http://www.forexfactory.com/showpost.php?p=3252164&postcount=820
http://www.forexfactory.com/showpost.php?p=3252314&postcount=827 +0
http://www.forexfactory.com/showpost.php?p=3253739&postcount=860
http://www.forexfactory.com/showpost.php?p=3254193&postcount=885
http://www.forexfactory.com/showpost.php?p=3254662&postcount=896 +35, +0.35%
http://www.forexfactory.com/showpost.php?p=3254662&postcount=896
http://www.forexfactory.com/showpost.php?p=3255965&postcount=916 -70, -0.7%
http://www.forexfactory.com/showpost.php?p=3263969&postcount=1044
http://www.forexfactory.com/showpost.php?p=3268270&postcount=1119
http://www.forexfactory.com/showpost.php?p=3270279&postcount=1163 +0
November Total: +480, +4.3%
December '09 Results:
http://www.forexfactory.com/showpost.php?p=3273692&postcount=1285
http://www.forexfactory.com/showpost.php?p=3273918&postcount=1307 +0
http://www.forexfactory.com/showpost.php?p=3275596&postcount=1347
http://www.forexfactory.com/showpost.php?p=3275596&postcount=1347 +0
http://www.forexfactory.com/showpost.php?p=3277097&postcount=1409
http://www.forexfactory.com/showpost.php?p=3277478&postcount=1417
http://www.forexfactory.com/showpost.php?p=3283031&postcount=1480
http://www.forexfactory.com/showpost.php?p=3283839&postcount=1490
http://www.forexfactory.com/showpost.php?p=3286103&postcount=1502 +330, +3.3%, +195, +0.345%, -155, -0,23%, +45, +0.13%, Total: +415, +3.54%
http://www.forexfactory.com/showpost.php?p=3289481&postcount=1530
http://www.forexfactory.com/showpost.php?p=3289661&postcount=1536
http://www.forexfactory.com/showpost.php?p=3289847&postcount=1546
http://www.forexfactory.com/showpost.php?p=3308113&postcount=1914 +200, +2%
http://www.forexfactory.com/showpost.php?p=3309965&postcount=1945 +132, +1.32%
http://www.forexfactory.com/showpost.php?p=3312022&postcount=2048
http://www.forexfactory.com/showpost.php?p=3312849&postcount=2060 +140, +1.3%
http://www.forexfactory.com/showpost.php?p=3313326&postcount=2077 -110, -1%
http://www.forexfactory.com/showpost.php?p=3314571&postcount=2122
http://www.forexfactory.com/showpost.php?p=3316071&postcount=2148 +0
http://www.forexfactory.com/showpost.php?p=3330591&postcount=2256
http://www.forexfactory.com/showpost.php?p=3331868&postcount=2264
http://www.forexfactory.com/showpost.php?p=3331872&postcount=2265
http://www.forexfactory.com/showpost.php?p=3332177&postcount=2277
http://www.forexfactory.com/showpost.php?p=3332538&postcount=2288 +220, +2.2%
http://www.forexfactory.com/showpost.php?p=3333451&postcount=2289
http://www.forexfactory.com/showpost.php?p=3333631&postcount=2300
December Total: +997, +9.36%
January '10 results:
http://www.forexfactory.com/showpost.php?p=3337013&postcount=2332
http://www.forexfactory.com/showpost.php?p=3337639&postcount=2337 +0
http://www.forexfactory.com/showpost.php?p=3338079&postcount=2350
http://www.forexfactory.com/showpost.php?p=3338110&postcount=2351 +0
http://www.forexfactory.com/showpost.php?p=3338451&postcount=2355 +90, +0.9%
http://www.forexfactory.com/showpost.php?p=3340377&postcount=2374
http://www.forexfactory.com/showpost.php?p=3343478&postcount=2418
http://www.forexfactory.com/showpost.php?p=3343749&postcount=2423
http://www.forexfactory.com/showpost.php?p=3344625&postcount=2447 +23, +0.23%
http://www.forexfactory.com/showpost.php?p=3345265&postcount=2454 -17, -0.17%
http://www.forexfactory.com/showpost.php?p=3345275&postcount=2455 +50, +0.5%
http://www.forexfactory.com/showpost.php?p=3345419&postcount=2460
http://www.forexfactory.com/showpost.php?p=3346546&postcount=2472 -80, -0.8%
http://www.forexfactory.com/showpost.php?p=3366203&postcount=2923
http://www.forexfactory.com/showpost.php?p=3386999&postcount=3426 +300, +3%
http://www.forexfactory.com/showpost.php?p=3366531&postcount=2948
http://www.forexfactory.com/showpost.php?p=3386999&postcount=3426 -200, -1%
http://www.forexfactory.com/showpost.php?p=3387034&postcount=3428
http://www.forexfactory.com/showpost.php?p=3388300&postcount=3472
http://www.forexfactory.com/showpost.php?p=3414193&postcount=4121
http://www.forexfactory.com/showpost.php?p=3419022&postcount=4186 +620, +1.24%, +465, +0.93%, +438, +0.88%, +370, +0.74%, +300, +0.6%, +245, +0.49%, +170, +0.34%. Total: +2608, +5.22%
January Total: +2774, +7.88%
February '10 Results:
http://www.forexfactory.com/showpost.php?p=3422321&postcount=4230
http://www.forexfactory.com/showpost.php?p=3422466&postcount=4241
http://www.forexfactory.com/showpost.php?p=3423460&postcount=4278 -29, -0.29%
http://www.forexfactory.com/showpost.php?p=3423846&postcount=4288
http://www.forexfactory.com/showpost.php?p=3429567&postcount=4329
http://www.forexfactory.com/showpost.php?p=3429923&postcount=4340 +150, +0.75%
http://www.forexfactory.com/showpost.php?p=3435049&postcount=4413
http://www.forexfactory.com/showpost.php?p=3437585&postcount=4442
http://www.forexfactory.com/showpost.php?p=3443373&postcount=4506 -300, -0.25%
http://www.forexfactory.com/showpost.php?p=3458872&postcount=4664
http://www.forexfactory.com/showpost.php?p=3459081&postcount=4667 +0
http://www.forexfactory.com/showpost.php?p=3459182&postcount=4668
http://www.forexfactory.com/showpost.php?p=3459384&postcount=4670
http://www.forexfactory.com/showpost.php?p=3459618&postcount=4672
http://www.forexfactory.com/showpost.php?p=3460014&postcount=4681
http://www.forexfactory.com/showpost.php?p=3468783&postcount=4724 +150,(+15%)+100(+0.5%), -20(-0.1%) Total: +230, (+15.4%)
http://www.forexfactory.com/showpost.php?p=3469001&postcount=4728
http://www.forexfactory.com/showpost.php?p=3471820&postcount=4760
http://www.forexfactory.com/showpost.php?p=3473983&postcount=4778 +0
http://www.forexfactory.com/showpost.php?p=3475500&postcount=4785 -4, -0.08%
http://www.forexfactory.com/showpost.php?p=3476018&postcount=4791
http://www.forexfactory.com/showpost.php?p=3476066&postcount=4793
http://www.forexfactory.com/showpost.php?p=3476192&postcount=4795 +0
http://www.forexfactory.com/showpost.php?p=3476215&postcount=4796
http://www.forexfactory.com/showpost.php?p=3476344&postcount=4798 +0
http://www.forexfactory.com/showpost.php?p=3476437&postcount=4800 -14, -2%
http://www.forexfactory.com/showpost.php?p=3476437&postcount=4800
http://www.forexfactory.com/showpost.php?p=3476870&postcount=4808 +120, +9.5%
http://www.forexfactory.com/showpost.php?p=3477024&postcount=4812
http://www.forexfactory.com/showpost.php?p=3477168&postcount=4814 -33, -1%
http://www.forexfactory.com/showpost.php?p=3478898&postcount=4827
http://www.forexfactory.com/showpost.php?p=3480267&postcount=4832
http://www.forexfactory.com/showpost.php?p=3480521&postcount=4837 +125, +5%
http://www.forexfactory.com/showpost.php?p=3480585&postcount=4842
http://www.forexfactory.com/showpost.php?p=3481062&postcount=4849 +20, +1%
http://www.forexfactory.com/showpost.php?p=3481909&postcount=4854
http://www.forexfactory.com/showpost.php?p=3482101&postcount=4856
http://www.forexfactory.com/showpost.php?p=3484647&postcount=4866 +0
http://www.forexfactory.com/showpost.php?p=3489627&postcount=4895
http://www.forexfactory.com/showpost.php?p=3489739&postcount=4899
http://www.forexfactory.com/showpost.php?p=3489844&postcount=4901 +0
http://www.forexfactory.com/showpost.php?p=3489888&postcount=4903 +0
http://www.forexfactory.com/showpost.php?p=3489931&postcount=4904
http://www.forexfactory.com/showpost.php?p=3489967&postcount=4907
http://www.forexfactory.com/showpost.php?p=3490348&postcount=4910 +0
http://www.forexfactory.com/showpost.php?p=3490455&postcount=4913 +0
http://www.forexfactory.com/showpost.php?p=3490763&postcount=4916 +0
http://www.forexfactory.com/showpost.php?p=3490821&postcount=4918
http://www.forexfactory.com/showpost.php?p=3490934&postcount=4920
http://www.forexfactory.com/showpost.php?p=3491009&postcount=4921
http://www.forexfactory.com/showpost.php?p=3491318&postcount=4924 +13,+0.5%
http://www.forexfactory.com/showpost.php?p=3493710&postcount=4930
http://www.forexfactory.com/showpost.php?p=3493758&postcount=4933
http://www.forexfactory.com/showpost.php?p=3494245&postcount=4948 -15, -1%
http://www.forexfactory.com/showpost.php?p=3498853&postcount=4994
http://www.forexfactory.com/showpost.php?p=3500043&postcount=4999
http://www.forexfactory.com/showpost.php?p=3500465&postcount=5004 +125, +5%
http://www.forexfactory.com/showpost.php?p=3501669&postcount=5019
http://www.forexfactory.com/showpost.php?p=3501805&postcount=5024 +0
http://www.forexfactory.com/showpost.php?p=3502096&postcount=5030
http://www.forexfactory.com/showpost.php?p=3505811&postcount=5052
February Total: +392 Pips, +32.53%
March '10 Results
http://www.forexfactory.com/showpost.php?p=3512087&postcount=5083 -200, -2%, -100, -1%
http://www.forexfactory.com/showpost.php?p=3526948&postcount=5134 +0
http://www.forexfactory.com/showpost.php?p=3530607&postcount=5148
http://www.forexfactory.com/showpost.php?p=3534076&postcount=5164
http://www.forexfactory.com/showpost.php?p=3558439&postcount=5407 +380, +3%, +470, +4%
http://www.forexfactory.com/showpost.php?p=3559715&postcount=5423 +25, +0.25%
http://www.forexfactory.com/showpost.php?p=3560276&postcount=5428
http://www.forexfactory.com/showpost.php?p=3562347&postcount=5433
http://www.forexfactory.com/showpost.php?p=3566804&postcount=5475 +230, +4.3%
http://www.forexfactory.com/showpost.php?p=3567552&postcount=5488
http://www.forexfactory.com/showpost.php?p=3567671&postcount=5489
http://www.forexfactory.com/showpost.php?p=3571200&postcount=5536 -70, -0.7%
http://www.forexfactory.com/showpost.php?p=3572584&postcount=5539
http://www.forexfactory.com/showpost.php?p=3573139&postcount=5549
http://www.forexfactory.com/showpost.php?p=3573193&postcount=5550 +90,+1.3%
http://www.forexfactory.com/showpost.php?p=3575907&postcount=5575
http://www.forexfactory.com/showpost.php?p=3579181&postcount=5584 -111, -1%
http://www.forexfactory.com/showpost.php?p=3581629&postcount=5598
http://www.forexfactory.com/showpost.php?p=3600894&postcount=5656 -200, -2%
March Total: +514, +6.15%
April '10 Results:
Annual holiday during April, hence lack of trades.
http://www.forexfactory.com/showpost.php?p=3623174&postcount=5862
http://www.forexfactory.com/showpost.php?p=3625606&postcount=5879 +15, +0.1%
http://www.forexfactory.com/showpost.php?p=3678617&postcount=6005
http://www.forexfactory.com/showpost.php?p=3684287&postcount=6029 +0
April Total: +15, +0.1%
May '10 Results:
http://www.forexfactory.com/showpost.php?p=3696525&postcount=6077
http://www.forexfactory.com/showpost.php?p=3703953&postcount=6105 -100, -1%
http://www.forexfactory.com/showpost.php?p=3715899&postcount=6129
http://www.forexfactory.com/showpost.php?p=3721987&postcount=6132 +330, +3.3%
http://www.forexfactory.com/showpost.php?p=3726089&postcount=6134 +470, +4.7%
http://www.forexfactory.com/showpost.php?p=3726777&postcount=6136
http://www.forexfactory.com/showpost.php?p=3729226&postcount=6153 -200, -2%
http://www.forexfactory.com/showpost.php?p=3729997&postcount=6156
http://www.forexfactory.com/showpost.php?p=3732949&postcount=6168 +130, +1.3%
http://www.forexfactory.com/showpost.php?p=3735027&postcount=6186 +3, +0.03%
May Results: +633, +6.33%
June '10 Results to 18th June inc.
http://www.forexfactory.com/showpost.php?p=3771033&postcount=6274
http://www.forexfactory.com/showpost.php?p=3780395&postcount=6296 +170, +1.13%
http://www.forexfactory.com/showpost.php?p=3783090&postcount=6298 +80, +0.53%
http://www.forexfactory.com/showpost.php?p=3793331&postcount=6306
http://www.forexfactory.com/showpost.php?p=3795230&postcount=6317 +65, +0.43%
http://www.forexfactory.com/showpost.php?p=3795455&postcount=6323 +125, +0.83%
http://www.forexfactory.com/showpost.php?p=3795533&postcount=6326
http://www.forexfactory.com/showpost.php?p=3796185&postcount=6337 -15, -0.15%
http://www.forexfactory.com/showpost.php?p=3799676&postcount=6348
http://www.forexfactory.com/showpost.php?p=3799882&postcount=6350
http://www.forexfactory.com/showpost.php?p=3799965&postcount=6352 +45, +0.45%
http://www.forexfactory.com/showpost.php?p=3799979&postcount=6353
http://www.forexfactory.com/showpost.php?p=3800149&postcount=6363
http://www.forexfactory.com/showpost.php?p=3800621&postcount=6372 +70, +0.47%
http://www.forexfactory.com/showpost.php?p=3806652&postcount=6420
http://www.forexfactory.com/showpost.php?p=3806903&postcount=6422 +20, +0.1%
http://www.forexfactory.com/showpost.php?p=3807321&postcount=6426
http://www.forexfactory.com/showpost.php?p=3807334&postcount=6427 +15, +0.5%
http://www.forexfactory.com/showpost.php?p=3814346&postcount=6446 +0
June 1st to 18th Results: +575, +4.29% (still another 2 weeks trading till end of Month)
Due to the very nature of scalping, it is not feasible to post scalp trades with accompanying analysis in real time on the forums. By the time a Scalping post is made, I may have already begun to exit or add to the trade. Therefore most scalping results have not been included as they cannot be checked in the same manner as the day trades above. My scalping trades at 0.5% - 1% Risk average an extra +20-30% monthly on top of the results shown above.
I originally joined ForexFactory as ShakesFX in 2008.
I kept a journal and an update of my scalping trades as ShakesFX which were posted on a journal from Jan 14th-Feb 14th 2009. After some time I caused some controversy due to these results. (+3433 pips (using one position take profit at +10), and +5173 pips (leaving 2nd position to run and closing manually when stalling once 1st position closed and 2nd locked at breakeven)).
In Feb 2009 I decided to conduct a webinar to try and show that such returns were possible and in hindsight this was a bad decision on my part. Traders who had tried to this before warned me that by doing this, it would alter my trading makeup, affecting my trading for the worse. I should have listened to their advice.
Firstly, I had never traded live in front of +300 traders , secondly I had never used the webinar software before, in fact had never conducted any type of webinar before, and lastly but more importantly, trading under pressure in front of such a large audience including those who were constantly negative resulted in my abandoning the whole idea.
Of course, those who wished to see my downfall had their perfect excuse and that was that.
I was asked to leave ForexFactory after mentioning that I managed accounts. At the time FF had a policy of “No commercial Interest” and anyone who mentioned they provided a commercial service received the same treatment.
I rejoined as Direct-Trade and decided to just post long term set ups in real time and keep the scalping trades to myself. During last year in late 2009, FF changed their policy to allow commercial members and created the Commercial Section where I am right now. I decided that once I had posted long term setups over the period of a year I would declare that I was ShakesFX and allow everyone to scrutinise my results, results that were longer term and which could easily be verifiable.
The one year period is about to be reached. I fully understand the reasons behind those who discredited me, scalping results such as mine can be hard to believe.
However, by posting my longer term trades as Direct-Trade in real time on FF, it can be seen that the similar profitable results can be achieved.
ShakesFX +8606 pips: 461 trades over 4 week period: +8606 pips – (461 trades x 2 positions each trade x 2 pips spread per position) = 8606 – 1844 = +6762 pips.
The +8606 pips (+6762 pips after spread) scalping trades using 2 positions recorded by ShakesFX over a period of 4 weeks on the first page of the ShakesFX journal was hard for others to believe and led to infighting.
However by posting my long term trades as Direct-Trade, it can be seen that +6867 pips (+6667 after spread) pips were taken out of the market by Direct-Trade over a 14 week period August 09-October 09, a period three times as long, but remember we weren’t scalping. Direct-Trade achieved +6667 trades with 28 trades where as ShakesFX achieved +6762 pips with 461 trades.
Direct-trade long term trades took 3 times as long to achieve the same results as ShakesFX scalping trades, but achieved this with an 85% reduction in the number of trades taken which is preferable in today’s extreme market conditions.
Pips value is not important to me; I much prefer to think in terms of percentage growth for minimum risk. Trading the market such as Direct-Trade has done, with a 3% maximum drawdown to produce + 330% growth in 11 months is much more preferable to me than spending each and every day scalping. I still scalp, just not as frequently as I used to before the recession and panicked market conditions, however, scalping still produces excellent results.
I have included every single trade taken by myself in the last 11 months.
All trades can be verified by clicking on the links to each trade. These are not “cherry picked” trades, but “warts and all”, every trade I have taken and posted in real time since August ’09.
Having received numerous requests from fellow traders, I have now become a Commercial member and provide a trade recommendation service sent directly via sms text immediately as I am about to take each trade.
This service includes the following:
A text is sent to all members as soon as I am about to enter a trade, each text shows the exact entry point, stop loss, take profit level and maximum risk. (In most cases 1%, but never exceeding 2%).
After receiving the text with the trade details, members can also log onto our members page and view the chart and analysis for that particular trade. This service is designed not to just make traders profitable, but more importantly to show traders exactly how I trade, how I see the market, and how to trade price action alone, without the use of indicators.
In addition, members also receive a text with details for a single daily trade. These single trades have a high success rate and produce an excellent return.
This service goes live on Monday 28th June and those interested are more than welcome to join our free trial.
Further details can be found on the website here.
Please bear in mind, the results below DO NOT include numerous other trades taken which have not been posted on ForexFactory, but I can tell you that profts exceed those shown below. Unsure? Take the free trial and see for yourself.
August 2009 – June 18th 2010
Total Pips: +13,247
Total Return on Investment: 118.57%
Total Compounded Return on Investment: 313%
Number of Trades: 122
Winning & Breakeven Trades: 93
Losing Trades: 29
Largest consecutive profit: +33.43 %, +3425 Pips.
Largest consecutive loss: 3%, -311 Pips.
Average Monthly Return: 10.78%
A trader with a $10,000 account for example, no withdrawals, following the same trades and using identical Money Management (i.e. Average 1% per trade):
Starting balance: $10,000
Aug: $10,797
Sept:$11620
Oct: $15826
Nov: $16510
Dec: $18109
Jan: $19578
Feb: $26639
Mar: $28246
April:$28274
May: $30063
June: $31376
Compounded Return over 11 Months: 313%
Trades from August 09-September 09 were mainly posted in the G/U Interactive thread,
Trades posted from October 09- Present can be found in my personal trading thread: G/J, GU and U/J Trading Thread
The results below show the trades in real time. Each entry on the FF website records the time and date of the post entry and this is shown in the top left of every post. Percentage loss shown to the right of each post link below is based on a maximum of 1%-2% per trade unless otherwise stated within the post. So, for example, a 100 pip stop loss and 440 pip take profit would be a risk of 1% and a take profit of 4.4%.
Please bear in mind some trades have a single position entry and take profit level, and a few trades have multiple single positions scaled in. Scaled in positions are normally added to once the previous position is in profit and locked in at breakeven.
Many trades have multiple take profit levels from a single entry point (in most cases 3-5 take profit levels) and the percentage profit for those particular trades is calculated is follows:
If a trade has 3 take profit levels from a single entry point, then we still have an overall total risk of 1%, unless stated otherwise. However, with 3 positions = 1%/3= 0.33% Risk per position. In the above scenario, the 100 pip stop loss would still incur a total 1% loss if touched, however, take profit levels of 100, 300 and 440 for example, would be a profit of 100x1%/3= 0.33%, 300x1%/3= 0.9% and 440x1%/3= 1.32%. If all 3 profit levels of 100, 300 and 440 were touched, we would have a total gain of 0.33+0.9+1.32= +2.55%.
The majority of trades have a relevant entry point, stop loss and take profit level. These are discussed in advance or immediately as they are taken. In many cases charts are shown and the reasons given for taking each trade.
Trades shown below without profit/loss figures are due to the fact that those posts are discussing the existing trade. For example, during September 2009 new positions were being added to existing profitable trades already locked in at breakeven, these were closed for profit during the first week of October; therefore the profit from the later September trades are shown in October as they reached their targets. Please feel free to check all of my trades.
As mentioned previously, these are not cherry picked examples, but every single trade I have taken and posted on Forex Factory in real time from August 2009 until the present date, 11 months in total.
You may find it easier to work from top to bottom as this will show each trade as it is moved to breakeven, stop and reverse trades, etc.
August '09 Results:
http://www.forexfactory.com/showpost.php?p=2911743&postcount=152240
http://www.forexfactory.com/showpost.php?p=2924962&postcount=154255
http://www.forexfactory.com/showpost.php?p=2925577&postcount=154359 +428, +2.85%
http://www.forexfactory.com/showpost.php?p=2928339&postcount=154827
http://www.forexfactory.com/showpost.php?p=2931992&postcount=155333
http://www.forexfactory.com/showpost.php?p=2993820&postcount=160973 +1000, +5%
http://www.forexfactory.com/showpost.php?p=2928339&postcount=154828
http://www.forexfactory.com/showpost.php?p=2943816&postcount=156673 +492, +0.98%
http://www.forexfactory.com/showpost.php?p=2946499&postcount=156945
http://www.forexfactory.com/showpost.php?p=2951914&postcount=157558
http://www.forexfactory.com/showpost.php?p=2960004&postcount=158278 +0
http://www.forexfactory.com/showpost.php?p=2964942&postcount=158853
http://www.forexfactory.com/showpost.php?p=2988238&postcount=160536 -134, -1.34%
http://www.forexfactory.com/showpost.php?p=2989942&postcount=160710 -100, -1%
http://www.forexfactory.com/showpost.php?p=2993820&postcount=160973
http://www.forexfactory.com/showpost.php?p=2997755&postcount=192007
http://www.forexfactory.com/showpost.php?p=3005487&postcount=161751 +172, +0.57%
http://www.forexfactory.com/showpost.php?p=3012248&postcount=162353 +0
http://www.forexfactory.com/showpost.php?p=3013820&postcount=162432
http://www.forexfactory.com/showpost.php?p=3016088&postcount=162826
http://www.forexfactory.com/showpost.php?p=3018550&postcount=162942 +158, +0.79
August Total: +2116, +7.85%
September '09 Results:
http://www.forexfactory.com/showpost.php?p=3018550&postcount=162942
http://www.forexfactory.com/showpost.php?p=3018730&postcount=162964
http://www.forexfactory.com/showpost.php?p=3019529&postcount=163104
http://www.forexfactory.com/showpost.php?p=3019985&postcount=163155 +200, +0.6%
http://www.forexfactory.com/showpost.php?p=3025322&postcount=163747
http://www.forexfactory.com/showpost.php?p=3031292&postcount=163972 +278, +0.92%
http://www.forexfactory.com/showpost.php?p=3032554&postcount=163994
http://www.forexfactory.com/showpost.php?p=3033296&postcount=164048
http://www.forexfactory.com/showpost.php?p=3033355&postcount=164053
http://www.forexfactory.com/showpost.php?p=3040469&postcount=164501 +300, +3%, +150, +1.5%, +100, +1%, -40, -0.4% Total: +510, +5.1%
http://www.forexfactory.com/showpost.php?p=3040469&postcount=164501 +102, +0.5%
http://www.forexfactory.com/showpost.php?p=3052516&postcount=165187
http://www.forexfactory.com/showpost.php?p=3055431&postcount=165292
http://www.forexfactory.com/showpost.php?p=3064739&postcount=166243
http://www.forexfactory.com/showpost.php?p=3064907&postcount=166272
http://www.forexfactory.com/showpost.php?p=3068185&postcount=198480 +0, +0
http://www.forexfactory.com/showpost.php?p=3068490&postcount=198493
http://www.forexfactory.com/showpost.php?p=3073424&postcount=167269
http://www.forexfactory.com/showpost.php?p=3085287&postcount=199462
http://www.forexfactory.com/showpost.php?p=3086484&postcount=168219
http://www.forexfactory.com/showpost.php?p=3088757&postcount=199669
http://www.forexfactory.com/showpost.php?p=3088942&postcount=168670
http://www.forexfactory.com/showpost.php?p=3088962&postcount=199691
http://www.forexfactory.com/showpost.php?p=3089219&postcount=168752 +60, +0.3%
http://www.forexfactory.com/showpost.php?p=3089224&postcount=168754
http://www.forexfactory.com/showpost.php?p=3090969&postcount=169092
http://www.forexfactory.com/showpost.php?p=3092654&postcount=169300
http://www.forexfactory.com/showpost.php?p=3092872&postcount=169354
http://www.forexfactory.com/showpost.php?p=3092966&postcount=169390
http://www.forexfactory.com/showpost.php?p=3096287&postcount=169729
September Total: +1150, +7.42%
October '09 Results:
http://www.forexfactory.com/showpost...&postcount=109
+1090, +10.9%, +880, +8.8%, +0, GU +963, +9.63 % +330, +3.3% Total: +3263, +32.63%
http://www.forexfactory.com/showpost.php?p=3151225&postcount=152 -62, -0.62%
http://www.forexfactory.com/showpost.php?p=3170934&postcount=206 +427, +2%
http://www.forexfactory.com/showpost.php?p=3172131&postcount=220 -17, -1%
http://www.forexfactory.com/showpost.php?p=3175634&postcount=223
http://www.forexfactory.com/showpost.php?p=3177716&postcount=242 -45, -1%
http://www.forexfactory.com/showpost.php?p=3185134&postcount=261
http://www.forexfactory.com/showpost.php?p=3189363&postcount=280 +185, +1.85%
http://www.forexfactory.com/showpost.php?p=3189608&postcount=284
http://www.forexfactory.com/showpost...&postcount=316
-150, -1.5%
October Total: +3601, +32.36%
November '09 Results:
http://www.forexfactory.com/showpost.php?p=3216150&postcount=353
http://www.forexfactory.com/showpost.php?p=3217415&postcount=364 -105, -1%
http://www.forexfactory.com/showpost.php?p=3223134&postcount=366
http://www.forexfactory.com/showpost.php?p=3224535&postcount=374 +140, +1.4%
http://www.forexfactory.com/showpost.php?p=3224535&postcount=374
http://www.forexfactory.com/showpost.php?p=3229198&postcount=446 +150, +1.5%
http://www.forexfactory.com/showpost.php?p=3229198&postcount=446 -30, -0.8%
http://www.forexfactory.com/showpost.php?p=3234055&postcount=492
http://www.forexfactory.com/showpost.php?p=3240561&postcount=621 +62, +0.31%
http://www.forexfactory.com/showpost.php?p=3243768&postcount=685
http://www.forexfactory.com/showpost.php?p=3248688&postcount=774 +274, +2.74%
http://www.forexfactory.com/showpost.php?p=3251750&postcount=800
http://www.forexfactory.com/showpost.php?p=3252066&postcount=814
http://www.forexfactory.com/showpost.php?p=3252106&postcount=817 +24, +0.5%
http://www.forexfactory.com/showpost.php?p=3252106&postcount=817
http://www.forexfactory.com/showpost.php?p=3252164&postcount=820
http://www.forexfactory.com/showpost.php?p=3252314&postcount=827 +0
http://www.forexfactory.com/showpost.php?p=3253739&postcount=860
http://www.forexfactory.com/showpost.php?p=3254193&postcount=885
http://www.forexfactory.com/showpost.php?p=3254662&postcount=896 +35, +0.35%
http://www.forexfactory.com/showpost.php?p=3254662&postcount=896
http://www.forexfactory.com/showpost.php?p=3255965&postcount=916 -70, -0.7%
http://www.forexfactory.com/showpost.php?p=3263969&postcount=1044
http://www.forexfactory.com/showpost.php?p=3268270&postcount=1119
http://www.forexfactory.com/showpost.php?p=3270279&postcount=1163 +0
November Total: +480, +4.3%
December '09 Results:
http://www.forexfactory.com/showpost.php?p=3273692&postcount=1285
http://www.forexfactory.com/showpost.php?p=3273918&postcount=1307 +0
http://www.forexfactory.com/showpost.php?p=3275596&postcount=1347
http://www.forexfactory.com/showpost.php?p=3275596&postcount=1347 +0
http://www.forexfactory.com/showpost.php?p=3277097&postcount=1409
http://www.forexfactory.com/showpost.php?p=3277478&postcount=1417
http://www.forexfactory.com/showpost.php?p=3283031&postcount=1480
http://www.forexfactory.com/showpost.php?p=3283839&postcount=1490
http://www.forexfactory.com/showpost.php?p=3286103&postcount=1502 +330, +3.3%, +195, +0.345%, -155, -0,23%, +45, +0.13%, Total: +415, +3.54%
http://www.forexfactory.com/showpost.php?p=3289481&postcount=1530
http://www.forexfactory.com/showpost.php?p=3289661&postcount=1536
http://www.forexfactory.com/showpost.php?p=3289847&postcount=1546
http://www.forexfactory.com/showpost.php?p=3308113&postcount=1914 +200, +2%
http://www.forexfactory.com/showpost.php?p=3309965&postcount=1945 +132, +1.32%
http://www.forexfactory.com/showpost.php?p=3312022&postcount=2048
http://www.forexfactory.com/showpost.php?p=3312849&postcount=2060 +140, +1.3%
http://www.forexfactory.com/showpost.php?p=3313326&postcount=2077 -110, -1%
http://www.forexfactory.com/showpost.php?p=3314571&postcount=2122
http://www.forexfactory.com/showpost.php?p=3316071&postcount=2148 +0
http://www.forexfactory.com/showpost.php?p=3330591&postcount=2256
http://www.forexfactory.com/showpost.php?p=3331868&postcount=2264
http://www.forexfactory.com/showpost.php?p=3331872&postcount=2265
http://www.forexfactory.com/showpost.php?p=3332177&postcount=2277
http://www.forexfactory.com/showpost.php?p=3332538&postcount=2288 +220, +2.2%
http://www.forexfactory.com/showpost.php?p=3333451&postcount=2289
http://www.forexfactory.com/showpost.php?p=3333631&postcount=2300
December Total: +997, +9.36%
January '10 results:
http://www.forexfactory.com/showpost.php?p=3337013&postcount=2332
http://www.forexfactory.com/showpost.php?p=3337639&postcount=2337 +0
http://www.forexfactory.com/showpost.php?p=3338079&postcount=2350
http://www.forexfactory.com/showpost.php?p=3338110&postcount=2351 +0
http://www.forexfactory.com/showpost.php?p=3338451&postcount=2355 +90, +0.9%
http://www.forexfactory.com/showpost.php?p=3340377&postcount=2374
http://www.forexfactory.com/showpost.php?p=3343478&postcount=2418
http://www.forexfactory.com/showpost.php?p=3343749&postcount=2423
http://www.forexfactory.com/showpost.php?p=3344625&postcount=2447 +23, +0.23%
http://www.forexfactory.com/showpost.php?p=3345265&postcount=2454 -17, -0.17%
http://www.forexfactory.com/showpost.php?p=3345275&postcount=2455 +50, +0.5%
http://www.forexfactory.com/showpost.php?p=3345419&postcount=2460
http://www.forexfactory.com/showpost.php?p=3346546&postcount=2472 -80, -0.8%
http://www.forexfactory.com/showpost.php?p=3366203&postcount=2923
http://www.forexfactory.com/showpost.php?p=3386999&postcount=3426 +300, +3%
http://www.forexfactory.com/showpost.php?p=3366531&postcount=2948
http://www.forexfactory.com/showpost.php?p=3386999&postcount=3426 -200, -1%
http://www.forexfactory.com/showpost.php?p=3387034&postcount=3428
http://www.forexfactory.com/showpost.php?p=3388300&postcount=3472
http://www.forexfactory.com/showpost.php?p=3414193&postcount=4121
http://www.forexfactory.com/showpost.php?p=3419022&postcount=4186 +620, +1.24%, +465, +0.93%, +438, +0.88%, +370, +0.74%, +300, +0.6%, +245, +0.49%, +170, +0.34%. Total: +2608, +5.22%
January Total: +2774, +7.88%
February '10 Results:
http://www.forexfactory.com/showpost.php?p=3422321&postcount=4230
http://www.forexfactory.com/showpost.php?p=3422466&postcount=4241
http://www.forexfactory.com/showpost.php?p=3423460&postcount=4278 -29, -0.29%
http://www.forexfactory.com/showpost.php?p=3423846&postcount=4288
http://www.forexfactory.com/showpost.php?p=3429567&postcount=4329
http://www.forexfactory.com/showpost.php?p=3429923&postcount=4340 +150, +0.75%
http://www.forexfactory.com/showpost.php?p=3435049&postcount=4413
http://www.forexfactory.com/showpost.php?p=3437585&postcount=4442
http://www.forexfactory.com/showpost.php?p=3443373&postcount=4506 -300, -0.25%
http://www.forexfactory.com/showpost.php?p=3458872&postcount=4664
http://www.forexfactory.com/showpost.php?p=3459081&postcount=4667 +0
http://www.forexfactory.com/showpost.php?p=3459182&postcount=4668
http://www.forexfactory.com/showpost.php?p=3459384&postcount=4670
http://www.forexfactory.com/showpost.php?p=3459618&postcount=4672
http://www.forexfactory.com/showpost.php?p=3460014&postcount=4681
http://www.forexfactory.com/showpost.php?p=3468783&postcount=4724 +150,(+15%)+100(+0.5%), -20(-0.1%) Total: +230, (+15.4%)
http://www.forexfactory.com/showpost.php?p=3469001&postcount=4728
http://www.forexfactory.com/showpost.php?p=3471820&postcount=4760
http://www.forexfactory.com/showpost.php?p=3473983&postcount=4778 +0
http://www.forexfactory.com/showpost.php?p=3475500&postcount=4785 -4, -0.08%
http://www.forexfactory.com/showpost.php?p=3476018&postcount=4791
http://www.forexfactory.com/showpost.php?p=3476066&postcount=4793
http://www.forexfactory.com/showpost.php?p=3476192&postcount=4795 +0
http://www.forexfactory.com/showpost.php?p=3476215&postcount=4796
http://www.forexfactory.com/showpost.php?p=3476344&postcount=4798 +0
http://www.forexfactory.com/showpost.php?p=3476437&postcount=4800 -14, -2%
http://www.forexfactory.com/showpost.php?p=3476437&postcount=4800
http://www.forexfactory.com/showpost.php?p=3476870&postcount=4808 +120, +9.5%
http://www.forexfactory.com/showpost.php?p=3477024&postcount=4812
http://www.forexfactory.com/showpost.php?p=3477168&postcount=4814 -33, -1%
http://www.forexfactory.com/showpost.php?p=3478898&postcount=4827
http://www.forexfactory.com/showpost.php?p=3480267&postcount=4832
http://www.forexfactory.com/showpost.php?p=3480521&postcount=4837 +125, +5%
http://www.forexfactory.com/showpost.php?p=3480585&postcount=4842
http://www.forexfactory.com/showpost.php?p=3481062&postcount=4849 +20, +1%
http://www.forexfactory.com/showpost.php?p=3481909&postcount=4854
http://www.forexfactory.com/showpost.php?p=3482101&postcount=4856
http://www.forexfactory.com/showpost.php?p=3484647&postcount=4866 +0
http://www.forexfactory.com/showpost.php?p=3489627&postcount=4895
http://www.forexfactory.com/showpost.php?p=3489739&postcount=4899
http://www.forexfactory.com/showpost.php?p=3489844&postcount=4901 +0
http://www.forexfactory.com/showpost.php?p=3489888&postcount=4903 +0
http://www.forexfactory.com/showpost.php?p=3489931&postcount=4904
http://www.forexfactory.com/showpost.php?p=3489967&postcount=4907
http://www.forexfactory.com/showpost.php?p=3490348&postcount=4910 +0
http://www.forexfactory.com/showpost.php?p=3490455&postcount=4913 +0
http://www.forexfactory.com/showpost.php?p=3490763&postcount=4916 +0
http://www.forexfactory.com/showpost.php?p=3490821&postcount=4918
http://www.forexfactory.com/showpost.php?p=3490934&postcount=4920
http://www.forexfactory.com/showpost.php?p=3491009&postcount=4921
http://www.forexfactory.com/showpost.php?p=3491318&postcount=4924 +13,+0.5%
http://www.forexfactory.com/showpost.php?p=3493710&postcount=4930
http://www.forexfactory.com/showpost.php?p=3493758&postcount=4933
http://www.forexfactory.com/showpost.php?p=3494245&postcount=4948 -15, -1%
http://www.forexfactory.com/showpost.php?p=3498853&postcount=4994
http://www.forexfactory.com/showpost.php?p=3500043&postcount=4999
http://www.forexfactory.com/showpost.php?p=3500465&postcount=5004 +125, +5%
http://www.forexfactory.com/showpost.php?p=3501669&postcount=5019
http://www.forexfactory.com/showpost.php?p=3501805&postcount=5024 +0
http://www.forexfactory.com/showpost.php?p=3502096&postcount=5030
http://www.forexfactory.com/showpost.php?p=3505811&postcount=5052
February Total: +392 Pips, +32.53%
March '10 Results
http://www.forexfactory.com/showpost.php?p=3512087&postcount=5083 -200, -2%, -100, -1%
http://www.forexfactory.com/showpost.php?p=3526948&postcount=5134 +0
http://www.forexfactory.com/showpost.php?p=3530607&postcount=5148
http://www.forexfactory.com/showpost.php?p=3534076&postcount=5164
http://www.forexfactory.com/showpost.php?p=3558439&postcount=5407 +380, +3%, +470, +4%
http://www.forexfactory.com/showpost.php?p=3559715&postcount=5423 +25, +0.25%
http://www.forexfactory.com/showpost.php?p=3560276&postcount=5428
http://www.forexfactory.com/showpost.php?p=3562347&postcount=5433
http://www.forexfactory.com/showpost.php?p=3566804&postcount=5475 +230, +4.3%
http://www.forexfactory.com/showpost.php?p=3567552&postcount=5488
http://www.forexfactory.com/showpost.php?p=3567671&postcount=5489
http://www.forexfactory.com/showpost.php?p=3571200&postcount=5536 -70, -0.7%
http://www.forexfactory.com/showpost.php?p=3572584&postcount=5539
http://www.forexfactory.com/showpost.php?p=3573139&postcount=5549
http://www.forexfactory.com/showpost.php?p=3573193&postcount=5550 +90,+1.3%
http://www.forexfactory.com/showpost.php?p=3575907&postcount=5575
http://www.forexfactory.com/showpost.php?p=3579181&postcount=5584 -111, -1%
http://www.forexfactory.com/showpost.php?p=3581629&postcount=5598
http://www.forexfactory.com/showpost.php?p=3600894&postcount=5656 -200, -2%
March Total: +514, +6.15%
April '10 Results:
Annual holiday during April, hence lack of trades.
http://www.forexfactory.com/showpost.php?p=3623174&postcount=5862
http://www.forexfactory.com/showpost.php?p=3625606&postcount=5879 +15, +0.1%
http://www.forexfactory.com/showpost.php?p=3678617&postcount=6005
http://www.forexfactory.com/showpost.php?p=3684287&postcount=6029 +0
April Total: +15, +0.1%
May '10 Results:
http://www.forexfactory.com/showpost.php?p=3696525&postcount=6077
http://www.forexfactory.com/showpost.php?p=3703953&postcount=6105 -100, -1%
http://www.forexfactory.com/showpost.php?p=3715899&postcount=6129
http://www.forexfactory.com/showpost.php?p=3721987&postcount=6132 +330, +3.3%
http://www.forexfactory.com/showpost.php?p=3726089&postcount=6134 +470, +4.7%
http://www.forexfactory.com/showpost.php?p=3726777&postcount=6136
http://www.forexfactory.com/showpost.php?p=3729226&postcount=6153 -200, -2%
http://www.forexfactory.com/showpost.php?p=3729997&postcount=6156
http://www.forexfactory.com/showpost.php?p=3732949&postcount=6168 +130, +1.3%
http://www.forexfactory.com/showpost.php?p=3735027&postcount=6186 +3, +0.03%
May Results: +633, +6.33%
June '10 Results to 18th June inc.
http://www.forexfactory.com/showpost.php?p=3771033&postcount=6274
http://www.forexfactory.com/showpost.php?p=3780395&postcount=6296 +170, +1.13%
http://www.forexfactory.com/showpost.php?p=3783090&postcount=6298 +80, +0.53%
http://www.forexfactory.com/showpost.php?p=3793331&postcount=6306
http://www.forexfactory.com/showpost.php?p=3795230&postcount=6317 +65, +0.43%
http://www.forexfactory.com/showpost.php?p=3795455&postcount=6323 +125, +0.83%
http://www.forexfactory.com/showpost.php?p=3795533&postcount=6326
http://www.forexfactory.com/showpost.php?p=3796185&postcount=6337 -15, -0.15%
http://www.forexfactory.com/showpost.php?p=3799676&postcount=6348
http://www.forexfactory.com/showpost.php?p=3799882&postcount=6350
http://www.forexfactory.com/showpost.php?p=3799965&postcount=6352 +45, +0.45%
http://www.forexfactory.com/showpost.php?p=3799979&postcount=6353
http://www.forexfactory.com/showpost.php?p=3800149&postcount=6363
http://www.forexfactory.com/showpost.php?p=3800621&postcount=6372 +70, +0.47%
http://www.forexfactory.com/showpost.php?p=3806652&postcount=6420
http://www.forexfactory.com/showpost.php?p=3806903&postcount=6422 +20, +0.1%
http://www.forexfactory.com/showpost.php?p=3807321&postcount=6426
http://www.forexfactory.com/showpost.php?p=3807334&postcount=6427 +15, +0.5%
http://www.forexfactory.com/showpost.php?p=3814346&postcount=6446 +0
June 1st to 18th Results: +575, +4.29% (still another 2 weeks trading till end of Month)
Scalp Trading Results:
Why didn't you post your scalping trades over the last year?
Due to the very nature of scalping, it is not feasible to post scalp trades with accompanying analysis in real time on the forums. By the time a Scalping post is made, I may have already begun to exit or add to the trade. Therefore most scalping results have not been included as they cannot be checked in the same manner as the day trades above. My scalping trades at 0.5% - 1% Risk average an extra +20-30% monthly on top of the results shown above.
I originally joined ForexFactory as ShakesFX in 2008.
I kept a journal and an update of my scalping trades as ShakesFX which were posted on a journal from Jan 14th-Feb 14th 2009. After some time I caused some controversy due to these results. (+3433 pips (using one position take profit at +10), and +5173 pips (leaving 2nd position to run and closing manually when stalling once 1st position closed and 2nd locked at breakeven)).
In Feb 2009 I decided to conduct a webinar to try and show that such returns were possible and in hindsight this was a bad decision on my part. Traders who had tried to this before warned me that by doing this, it would alter my trading makeup, affecting my trading for the worse. I should have listened to their advice.
Firstly, I had never traded live in front of +300 traders , secondly I had never used the webinar software before, in fact had never conducted any type of webinar before, and lastly but more importantly, trading under pressure in front of such a large audience including those who were constantly negative resulted in my abandoning the whole idea.
Of course, those who wished to see my downfall had their perfect excuse and that was that.
I was asked to leave ForexFactory after mentioning that I managed accounts. At the time FF had a policy of “No commercial Interest” and anyone who mentioned they provided a commercial service received the same treatment.
I rejoined as Direct-Trade and decided to just post long term set ups in real time and keep the scalping trades to myself. During last year in late 2009, FF changed their policy to allow commercial members and created the Commercial Section where I am right now. I decided that once I had posted long term setups over the period of a year I would declare that I was ShakesFX and allow everyone to scrutinise my results, results that were longer term and which could easily be verifiable.
The one year period is about to be reached. I fully understand the reasons behind those who discredited me, scalping results such as mine can be hard to believe.
However, by posting my longer term trades as Direct-Trade in real time on FF, it can be seen that the similar profitable results can be achieved.
ShakesFX +8606 pips: 461 trades over 4 week period: +8606 pips – (461 trades x 2 positions each trade x 2 pips spread per position) = 8606 – 1844 = +6762 pips.
The +8606 pips (+6762 pips after spread) scalping trades using 2 positions recorded by ShakesFX over a period of 4 weeks on the first page of the ShakesFX journal was hard for others to believe and led to infighting.
However by posting my long term trades as Direct-Trade, it can be seen that +6867 pips (+6667 after spread) pips were taken out of the market by Direct-Trade over a 14 week period August 09-October 09, a period three times as long, but remember we weren’t scalping. Direct-Trade achieved +6667 trades with 28 trades where as ShakesFX achieved +6762 pips with 461 trades.
Direct-trade long term trades took 3 times as long to achieve the same results as ShakesFX scalping trades, but achieved this with an 85% reduction in the number of trades taken which is preferable in today’s extreme market conditions.
Pips value is not important to me; I much prefer to think in terms of percentage growth for minimum risk. Trading the market such as Direct-Trade has done, with a 3% maximum drawdown to produce + 330% growth in 11 months is much more preferable to me than spending each and every day scalping. I still scalp, just not as frequently as I used to before the recession and panicked market conditions, however, scalping still produces excellent results.
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