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Forex Model produces over 300 pips for the week in the breakout trades
Sep 30, 2006 - The Currency Breakout trades produce over 200 pips per 1 lot on recent GBP and CHF trades... The GBP has taken out support at 1.8700 to press to new recent lows and the 15 breakout model is participating in the sell off. The Bollinger Band based model picked up the range contraction and issues sell orders at 1.8758 for a current open equity profit of 100 pips. Stops have trailed based on our DST trading rules to lock in profits in both markets and our traders are positioned for a bigger move before the news announcements today at 9:00 central. This could lead the CHF higher and GBP lower. Either way, the Forex model has had another stellar week? GBP SELL CHF BUY Join me in my LIVE trading room for 2 weeks absolutely FREE... Trade What You See, Receive
a Free 20 Minute Consultation To take advantage of this opportunity, complete our online Traders Assessment by Clicking Here. Todd will then be in contact with you for your free consultation. Disclaimer: Please note that charts and commentary provided by the moderator are for educational purposes only. Any trades placed upon reliance on the moderator’s charts or information is taken at your own risk for your own account. Past performance is no guarantee of future results. While there is great potential for reward trading stocks, futures and options, there is also substantial risk of loss and you must decide your own suitability to trade. Future trading results can never be guaranteed. This is not an offer to buy or sell stock, futures, options or commodity interests. Most trading systems are based on historical formulas which have worked in the past. However, what has happened before may or may not happen again. You can lose all your money trading stocks, futures, and options and you must decide your own suitability as to whether or not to trade. Only trade with true risk capital you can afford to lose. Only trade markets you can properly afford to trade. Properly funded trading accounts typically perform better than those that are not. Never risk more than 2-3% of your account on any one trade. Always define your risk before entering a trade and place a stop to limit your risk. There are no guarantees or certainties in trading. Trading involves hard work, risk, discipline and the ability to follow rules and trade through any tough periods during a system’s draw downs. If you are looking for a guarantee, trading is probably not for you. Most people lose money trading. One of the reasons is that they lack discipline and are unable to be consistent. A system can help you become consistent. Ironically, worrying about the monetary aspect of trading can contribute to and cause a trader to make trading errors. Therefore, it is important to only trade with true risk capital.
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