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Here is the system I have been trading with...

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Posted by: sswilli99

I have been trading a weekly breakout system for the last 4 weeks and it has been working very well for me. I am trading it only on the GPB/USD so far In the last 4 weeks I am up 256 pips. It is a very simple system and I am sure some if you have seen this sytem before but I will go ahead and post my trades here for a while and see how it goes. I will post the trades of the first 4 weeks below

08/10/2004 Close Trade GBPUSD 2 B 1.8268 1.8243 ($500.00)
08/13/2004 Close Trade GBPUSD 1 S 1.8343 1.8243 $1,000.00
08/19/2004 Close Trade GBPUSD 1 S 1.8355 1.8305 $500.00
08/24/2004 Close Trade GBPUSD 1 S 1.8031 1.7930 $1,010.00
08/27/2004 Close Trade GBPUSD 1 S 1.8034 1.7905 $1,290.00
09/01/2004 Close Trade GBPUSD 1 B 1.8005 1.7905 ($1,000.00)
09/01/2004 Close Trade GBPUSD 1 B 1.8005 1.7904 ($1,010.00)
09/05/2004 Close Trade GBPUSD 1 S 1.7904 1.7777 $1,270.00

Total $2560.00

There are at least two times that I should have made more but I did not follow the system correctly. Hopefully, I have made it past those errors, and thinking that posting them publicly might help to do what I am suposed to do.

Shawn


Posted by: awty

FANTASTIC, Shawn!


Posted by: forwardone

Excellent Shawn, you seem to have your own very `workable` system there. I`m sure we`d all be interested to see how you go on.

Geoff


Posted by: sswilli99

New trade

Sell - GBP/USD
open - 1.7754
s/l - 1.7855
t/p - not set


Posted by: sswilli99

Quote:
Originally Posted by sswilli99
New trade

Sell - GBP/USD
open - 1.7754
s/l - 1.7855
t/p - not set

Trade was closed at stop loss.

New trade

buy - GBP/USD
open - 1.7881
s/l - 1.7755
t/p - not set

Shawn


Posted by: sswilli99

Quote:
Originally Posted by sswilli99

New trade

buy - GBP/USD
open - 1.7881
s/l - 1.7755
t/p - not set

Shawn

Trade was closed at 1.7984 for +103 pips profit.

Profit for week is +2 pips

Total profit for system is +258 pips

Shawn


Posted by: sswilli99

New trade

Sell - GBP/USD
open - 1.7935
s/l - 1.8035
t/p - not set


Shawn


Posted by: sswilli99

Quote:
Originally Posted by sswilli99
New trade

Sell - GBP/USD
open - 1.7935
s/l - 1.8035
t/p - not set


Shawn

Stop loss moved to entry point. Currently at 146 pips profit.

Shawn


Posted by: sswilli99

Quote:
Originally Posted by sswilli99
Stop loss moved to entry point. Currently at 146 pips profit.

Shawn

I move the s/l to 1.7885 befor bed to ensure 50 pips profit. Trade closed at stop loss overnight.

de was closed at 1.7885 for +50 pips profit.

Profit for week is +50 pips

Total profit for system is +308pips


Shawn


Posted by: r4tn4

Quote:
Originally Posted by sswilli99
I have been trading a weekly breakout system for the last 4 weeks and it has been working very well for me. I am trading it only on the GPB/USD so far In the last 4 weeks I am up 256 pips. It is a very simple system and I am sure some if you have seen this sytem before but I will go ahead and post my trades here for a while and see how it goes. I will post the trades of the first 4 weeks below

08/10/2004 Close Trade GBPUSD 2 B 1.8268 1.8243 ($500.00)
08/13/2004 Close Trade GBPUSD 1 S 1.8343 1.8243 $1,000.00
08/19/2004 Close Trade GBPUSD 1 S 1.8355 1.8305 $500.00
08/24/2004 Close Trade GBPUSD 1 S 1.8031 1.7930 $1,010.00
08/27/2004 Close Trade GBPUSD 1 S 1.8034 1.7905 $1,290.00
09/01/2004 Close Trade GBPUSD 1 B 1.8005 1.7905 ($1,000.00)
09/01/2004 Close Trade GBPUSD 1 B 1.8005 1.7904 ($1,010.00)
09/05/2004 Close Trade GBPUSD 1 S 1.7904 1.7777 $1,270.00

Total $2560.00

There are at least two times that I should have made more but I did not follow the system correctly. Hopefully, I have made it past those errors, and thinking that posting them publicly might help to do what I am suposed to do.

Shawn






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