Thread: Journal - London Forex Open

Below are our trades for the month of January.

MAIN SYSTEM (We trade the conservative strategy)

05-Jan Short -20
08-Jan Long +60
11-Jan Long +60
14-Jan Short -120
18-Jan Long +60

Profit/Loss = +40

With an average stop loss of 120 (3 lots x 40 pips) and 3% risk per trade, January P&L = 1%

"ADVANCED" (FALSE BREAKOUT) SYSTEM

Using the "advanced" (false breakout) system we have had 9 trades producing a net profit of 80 pips, so about 5% based on 3% risk per trade and a Stop loss of 45.

As always, any others with experience of this system, your input is welcomed.


Do remember, your comments are important, if you decide to purchase this system, please support us by using our link and by reporting back your findings, both are valuable to us and the service.

ReviewTeam - www.systemsfortraders.com

I am also using this system, just this week and have taken +180 pips on the conservative strategy and 0 on the advanced. I split my trade equally across the 2 different strats. The best performer though is the 125 pips for the false breakout trade, for a 45 pip risk.

A great first week, hope it can continue this way, especially for a few mins a day and a little bit of Stop moving if/when targets get hit.

hi everyone
new to this forum and have just purchased this system.
I have been looking at buying it for a while but reading the posts and true opinions I have taken the plunge. Will report hopefully " my " / our success

Below are our trades for the month of February.

MAIN SYSTEM (We trade the conservative strategy)

01-Feb Long +120
04-Feb Short +60
11-Feb Short -20
12-Feb Long -120
17-Feb Long -120
18-Feb Short 60
22-Feb Long -120
25-Feb Short 60

Profit/Loss = -80

With an average stop loss of 120 (3 lots x 40 pips) and 3% risk per trade, January P&L = -2%

"ADVANCED" (FALSE BREAKOUT) SYSTEM

Using the "advanced" (false breakout) system we have had just 1 trade this month producing a net profit of 125 pips, so about 8% based on 3% risk per trade and a Stop loss of 45.

So, a net profit of about 6% this month.

As always, any others with experience of this system, your input is welcomed.


Do remember, your comments are important, if you decide to purchase this system, please support us by using our link and by reporting back your findings, both are valuable to us and the service.

ReviewTeam - www.systemsfortraders.com

Below are our trades for the month of March.

MAIN SYSTEM (We trade the conservative strategy)

9-Mar-10 -20
11-Mar-10 +120
12-Mar-10 +120
15-Mar-10 +120
16-Mar-10 +120
18-Mar-10 -120
19-Mar-10 +120
26-Mar-10 -120
29-Mar-10 +60

Profit/Loss = +400

With an average stop loss of 120 (3 lots x 40 pips) and 3% risk per trade, March P&L = +10%

"ADVANCED" (FALSE BREAKOUT) SYSTEM

Using the "advanced" (false breakout) system we had 2 trades, on the 25th March and 31st March, both were losers for a net 90 pip loss. Based on 3% risk per trade and a Stop loss of 45 this is a net 6% loss.

So, a net profit of about 4% this month across both strategies.

As always, any others with experience of this system, your input is welcomed.


Do remember, your comments are important, if you decide to purchase this system, please support us by using our link and by reporting back your findings, both are valuable to us and the service.

ReviewTeam - www.systemsfortraders.com

I only got 4% trading the conservative strategy in March.

09/03/10 -20
11/03/10 120
12/03/10 120
16/03/10 120
18/03/10 -120
26/03/10 -120
29/03/10 60

profit/loss = +160

Hi Lucy,

Thanks for posting your results - we were a little intrigued so looked at the 15th and 19th, where we have a difference. Both seem obvious in hindsight.

We traded off ODL on the 15th and it seems most others use a different broker and we can confirm if were off our Alpari charts for example we would not have traded.

19th - Not sure here but can only guess you avoided the weak caution trend completely.

Anyway, thanks once again it's always interesting to get actuals from others and hope you find some time to post this month too.


ReviewTeam - www.systemsfortraders.com

Below are our trades for the month of April.

MAIN SYSTEM (We trade the conservative strategy)

9-Apr-10 Long +120
20-Apr-10 Long +120
23-Apr-10 Long -120
26-Apr-10 Long -120
27-Apr-10 Short +120
28-Apr-10 Short +60
29-Apr-10 Long +120

Profit/Loss = +300

With an average stop loss of 120 (3 lots x 40 pips) and 3% risk per trade, April P&L = +7.5%

"ADVANCED" (FALSE BREAKOUT) SYSTEM

Using the "advanced" (false breakout) system we had 3 trades, on the 6th April, the 13th April and the 21st April. There was one loser and two break-even trades so a net loss of 45 pips or 3% based on 3% risk per trade and a Stop loss of 45.

So, a net profit of around 4.5% this month across both strategies.

As always, any others with experience of this system, your input is welcomed.


Do remember, your comments are important, if you decide to purchase this system, please support us by using our link and by reporting back your findings, both are valuable to us and the service.

ReviewTeam - www.systemsfortraders.com

Hello Reviewteam,

your results listet here are exactly the same as the one on the official site of London Forex Open Journal.

How can two people have exactly the same results ? There should be at least some little differences.

Thanks
ForexWork