Trading 2 lots on GBP/JPY & GBP/USD

GBP/JPY: Percentage return for 6 mths trading $30,000-00 capital +399%
Average percentage return per month +66.5%

Maximum exposure/risk per month:
Jan, 4.66%; Feb, 3.11%; Mar, 2.42%; Apr, 1.77%; May, 1.21%; Jun, 1.09

GBP/USD: Percentage return for 6 mths trading $20,000-00 capital +330%
Average percentage return per month +55%

Maximum exposure/risk per month:
Jan, 4%; Feb, 3.22% Mar 2.07%; Apr, 2.57%; May, 1.17%; June, 1.04%


Explanation:

My trading system has taking many years to develop. It accurately determines whether a trend reversal pattern is true or false. It works across all currency pairs, however the results are spectacular, both in terms of accuracy and results, when trading the more volatile pairs, such as the GBP/USD and the GBP/JPY.

There can be periods when there are not many trades to be taken, it all depends when the system is triggered. Because there are few losses, the capital growth is consistent and significant. This can be achieved by risking no more than 5% of your capital at any one time (represents the combined risk of all live trades). Meaning that as your capital grows so you can increase the number of lots traded, enhancing the profit; however maintaining the percentage of capital at risk. In presenting my trading history I did not compound, so that the result could be easily understood.

To help minimise any potential confusion, because of the variation in the brokerage/spread between different currencies, brokerage was not taken into account when calculating the profit

Because when providing a signal service, it is important to have a consistent and defined exit strategy. If there is profit on the table we take it, we don't like losses; however in a trending market, in most cases trades were closed when the price closed above or below the 5 period moving average, against the direction of the trade. As traders become more skilled they will be able to minimise this loss of profit by exiting earlier. However I must point out that using this exit system, can often keep you in a trade for a much longer time, enhancing profits which would otherwise be lost from an early exit.

Explanation of terms used in the “Currency Trading History”

Date: Day that the trade was taken.

B/S: Base currency was sold or bought.

In: Entrance price to the trade.

Out: Exit price from the trade.

P/L: Profit or loss after the trade has been closed.

Bal: Progressive balance of the account.

Total: Total profit or loss for the month.

Note: Please scroll down to view other currency pairs.