There were 17 trades this month as follows:

- 8/3 winners (35/5 PIPs each)
- 6 losers (-45 PIPs each)

This has produced a Net profit of +25 PIPs or around +1% based on 45 PIPs and 2% risk per trade.

This month results are more or less in line with the vendor which is nice to see.

Our return Year To Date (YTD) is now +250 PIPs which equates to about 11% YTD. Our results are based on trading as per the manual and as indicated on our SLM charts.

You can purchase Forex Morning Trade here and you can join us each trading session and for more regular day to day discussion in our Forex Morning Trade Trading Room.

There were 17 trades this month as follows:

- 5/4 winners (35/5 PIPs each)
- 8 losers (-45 PIPs each)

This has produced a Net loss of -165 PIPs or around -8% based on 45 PIPs and 2% risk per trade.

This month results are more or less in line with the vendor which is nice to see.

Our return Year To Date (YTD) is now +85 PIPs which equates to a miserable 4% YTD. Our results are based on trading as per the manual and as indicated on our SLM charts.

You can purchase Forex Morning Trade here and you can join us each trading session and for more regular day to day discussion in our Forex Morning Trade Trading Room.

There were 14 trades this month as follows:

- 5/1 winners (35/5 PIPs each)
- 8 losers (-35 PIPs each)

This has produced a Net loss of -100 PIPs or around -6% based on 35 PIPs and 2% risk per trade. This is versus -70 PIPs reported on the website due to the "long candle" rule on 28-Nov which we do not apply.

Our return Year To Date (YTD) is now negative (break-even) at -15 PIPs. Our results are based on trading as per the manual and as indicated on our SLM charts.

You can purchase Forex Morning Trade here and you can join us each trading session and for more regular day to day discussion in our Forex Morning Trade Trading Room.

Would it be reasonable to assume that FMT will be finding its way to the "bin" for the New Year?

It is highly unlikely we will be continuing with this into the new year.

In line with the Forex Morning Trade website we only traded this strategy up to and including 16th December. There were 9 trades as follows:

- 2/3 winners (35/5 PIPs each)
- 4 losers (-35 PIPs each)

This has produced a Net loss of -55 PIPs or around -3% based on 35 PIPs and 2% risk per trade. This is versus -100 PIPs reported on the website due to us taking a winning trade on the 12th December whereas officially it was reported as a No trade.

Our return for 2011 using this system is officially negative at -70 PIPs or -4%. Our results are based on trading as per the manual and as indicated on our SLM charts.

This is enough exposure and patience for us to remove this from our Systems We Use list at the end of the year.