Profitable Forex system , +50% per year !
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Old 01-01-2008, 04:15 PM
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Default Profitable Forex system , +50% per year !

I will tell about profitable forex carry trade system that I use myself :
  • pairs AUD/JPY ; GBP/JPY ; NZD/JPY
  • open just „BUY” (long) positions
  • entry signal will find with an indicator CCI (14) on 1 Day graphic , the signal is when an indicator show less than ( -100)
  • a leverage not more than 1:2
  • Stop Loss = 500 pips , Take Profit = 1500 pips , Trailing Stop will move after each 100 pips along amount to non-loss zone , than we waiting when a price to reach Take Profit
  • this position earn 1-2 pips as positive swaps each day
  • dont open a deal if you have already opened position
  • deals amount will be 4-6 per year , single deal lifetime is 1-2 month

of course , will be battle casualties , but you will take approximately +50% profit per year!

regards,
greenrun
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Old 01-02-2008, 12:19 AM
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so, I opened BUY GBP/JPY at 221.90
SL 216.90
TP 236.90
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Old 01-02-2008, 01:00 AM
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Thanks for sharing, greenrun. But about the leverage, does it has to be 1:2? It is quite strange that you could make 50% profit per year with 1:2 leverage. The currency pair must gain about 25% to make 50% profit. So if you buy GBP/JPY at 221.90 now, it must reach 277.38 to make 50% profit. But 277.38 is far reach for a year of movement.

However, you said the number of positions is about 4 to 6 a year. That makes this system believable. I was wondering how long you have been trading this system successfully?
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Old 01-02-2008, 01:29 AM
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lets see here scorpion --- looks like GJ will drop to the 212.029 area within the month and having gone below its 3 year/1 month LRC, should definitely bounce with a topside PRESENTLY showing of 251.05, although bols has descended to 248.46, but that should go back up as the currency rises during the year ! Of course, thats still below 277, but hey -- stranger things have happened !

call me back next year and lets see how we do !

enjoy and trade well

mp
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Old 01-03-2008, 02:15 PM
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Quote:
Originally Posted by greenrun View Post
so, I opened BUY GBP/JPY at 221.90
SL 216.90
TP 236.90
So, I have got a Stop Loss (-500) pips,
my balance is (-500) pips this year !
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Old 01-03-2008, 02:35 PM
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Quote:
Originally Posted by scorpion View Post
Thanks for sharing, greenrun. But about the leverage, does it has to be 1:2? It is quite strange that you could make 50% profit per year with 1:2 leverage. The currency pair must gain about 25% to make 50% profit. So if you buy GBP/JPY at 221.90 now, it must reach 277.38 to make 50% profit. But 277.38 is far reach for a year of movement.

However, you said the number of positions is about 4 to 6 a year. That makes this system believable. I was wondering how long you have been trading this system successfully?
==========

Hi, Scorpion!

Not so bad, if I catch 2 full trades about 1500 pips each and with 1:2 leverage, I get approximately +28,5% yet and pluss positive swaps! I made + 76% with this system together with swingtrading last year !
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Old 01-07-2008, 10:27 AM
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Buy Aud/jpy @ 95.60
Sl 92.60
Tp 107.50
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Old 01-08-2008, 04:11 PM
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Quote:
Originally Posted by greenrun View Post
Buy Aud/jpy @ 95.60
Sl 92.60
Tp 107.50
SL moved to 94.10
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Old 01-12-2008, 07:41 PM
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Quote:
Originally Posted by greenrun View Post
SL moved to 94.10
SL moved to 95.65
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Old 01-18-2008, 11:05 AM
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How long are you using this system?
Do you already trade live with it or are you still modifying it on a demo account?

looks interesting, and keep on the good trading work!
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