Forex System; 26%/month since jan.2006

Try this:
work EUR/USD and GBP/USD against each other, i.e. buy one sell the other.
Take gains of an amount you have decided on, wait for the price to fluctuate to bring your other bid back near break even or a small profit.
1, Never use a high percentage of your cash.
2, Don't be greedy and over reach.
3, Works only when market has plenty of movement.
4, Be careful.
5, Don't be greedy and over reach.
You wont be a millionaire overnight, but with practice it works 70% of the time.
 
Adny,

Do you use a spreader such as Ecco for that?

Also, what do you think are the benefits of trading that spread rather than just trading EUR/GBP?

Happy New Year!

EdgeTrading.

Adny said:
Try this:
work EUR/USD and GBP/USD against each other, i.e. buy one sell the other.
Take gains of an amount you have decided on, wait for the price to fluctuate to bring your other bid back near break even or a small profit.
1, Never use a high percentage of your cash.
2, Don't be greedy and over reach.
3, Works only when market has plenty of movement.
4, Be careful.
5, Don't be greedy and over reach.
You wont be a millionaire overnight, but with practice it works 70% of the time.
Click to expand...
 
The reason to trade one against the other is so that if the dollar moves a great amount you will be covered by the other bet.
This is not how I deal, it's that someone asked for a system that worked.
Over the years I have used it at times, and it has prooved profitable.
 
Do you use a stop? or have I missed the point ?

Adny said:
Try this:
work EUR/USD and GBP/USD against each other, i.e. buy one sell the other.
Take gains of an amount you have decided on, wait for the price to fluctuate to bring your other bid back near break even or a small profit.
1, Never use a high percentage of your cash.
2, Don't be greedy and over reach.
3, Works only when market has plenty of movement.
4, Be careful.
5, Don't be greedy and over reach.
You wont be a millionaire overnight, but with practice it works 70% of the time.
Click to expand...
 
I didn't state, it's up to you whether to use stops. I always put one on but don't stick ridgedly to them.
read the ebb & flow of the market, and set your limits.
 
Forex System; 14%/month since jan.2006

Hi

Again a very good result with 17.66% in January. So I have 401% in the past 12 month!!!

Here the newest performance including january.

Managed account performance:


2006 February 11.36%
2006 March 19.38 %
2006 April 26.83 %
2006 May 96.57 %
2006 June -13.51 % ( performancefee )
2006 July 17.39 %
2006 August -10.6 %
2006 September 13.74 %
2006 October 9.54 %
2006 November 18.62 %
2006 December -7.44 %
2007 January 17.66 %

Feb. 2006 – jan. 2007 + 401 % !!


Available as a managed account.

More info ( track record, account statements etc. ) at:

http://www.best-trading-systems.com/en.html


Regards

Lemy
 
Do the FSA know you are offering managed money accounts to UK investors like this?

Will pass on your details in due course.
 
lemy said:
Hi

Again a very good result with 17.66% in January. So I have 401% in the past 12 month!!!

Here the newest performance including january.

Managed account performance:


2006 February 11.36%
2006 March 19.38 %
2006 April 26.83 %
2006 May 96.57 %
2006 June -13.51 % ( performancefee )
2006 July 17.39 %
2006 August -10.6 %
2006 September 13.74 %
2006 October 9.54 %
2006 November 18.62 %
2006 December -7.44 %
2007 January 17.66 %

Feb. 2006 – jan. 2007 + 401 % !!



Regards

Lemy
Click to expand...


Looks good Lemy, I'll check it out.
 
Adny said:
Try this:
work EUR/USD and GBP/USD against each other, i.e. buy one sell the other.
Take gains of an amount you have decided on, wait for the price to fluctuate to bring your other bid back near break even or a small profit.
1, Never use a high percentage of your cash.
2, Don't be greedy and over reach.
3, Works only when market has plenty of movement.
4, Be careful.
5, Don't be greedy and over reach.
You wont be a millionaire overnight, but with practice it works 70% of the time.
Click to expand...


Hi Adny, I guess that's something you can back test fairly easily. Have you got any results?

Kindest regards,


David
 
Incorrect Mathematics on Managed Forex Accounts

Dear Sir,

Your post stating you achieved 401% in the past 12 months is incorrect
when I add up each month.

When you add each month, including the 3 losing months, the total is
+199.54% . . . NOT the 401% you stated. This is a HUGE mistake, sir.

Further, after stating the 401% figure, you state the monthly average
for this figure is 14%. This is also incorrect.

401 divided by 12 = 33.42% . . . . NOT 14%.

Further, the monthly average of the correct annual percentage (+199.54%)
is 16.63% . . . NOT 14%.

Based on the monthly figures you provided in your message,
your total annual return is completely incorrect.

I think it is important to be accurate in mathematics, particularly when
doing the mathematics for a forex account.

Best Regards,

WorldFX






lemy said:
Hi

Again a very good result with 17.66% in January. So I have 401% in the past 12 month!!!

Here the newest performance including january.

Managed account performance:


2006 February 11.36%
2006 March 19.38 %
2006 April 26.83 %
2006 May 96.57 %
2006 June -13.51 % ( performancefee )
2006 July 17.39 %
2006 August -10.6 %
2006 September 13.74 %
2006 October 9.54 %
2006 November 18.62 %
2006 December -7.44 %
2007 January 17.66 %

Feb. 2006 – jan. 2007 + 401 % !!


Available as a managed account.

More info ( track record, account statements etc. ) at:

http://www.best-trading-systems.com/en.html


Regards

Lemy
Click to expand...
 
Thank you, Lemy.

Received confirmation from the Manager of Client Services at your broker,
Gain Capital Group. [ Forex.com & GainCapital.com ]

Regards,

WorldFX
 
Hello Lemy,

Not necessary to send any more information.
It was not that important anyway. We just
had a general 'curiosity' why you were posting
your private results on a public forum.

We just recently joined this forum, but so
far, have not found it that useful. We're
busy fund managers and forex traders, so
don't really have time for forums. We may
not be able to continue to participate here
for that reason, but . . . you can always email
us since you now have our email address.

Have a nice day, sir.

WorldFX
 
You want a system with better than that? Free? Easy to use? No TAs?
Check out hans123 breakout system

you can find the rules, system for free on the internet.

Better? I also trade this system live.
 
Last edited by a moderator:
INITIAL LOSS is the parameter to describe your strategy at best

NO1 is interested in any gains, every1 is interested in your initial loss
everything else than your initial loss is worthless.
 
Who? Why? What?

Who are YOU and why are you sending this information to ME?


jgerousis said:
You want a system with better than that? Free? Easy to use? No TAs?
Check out hans123 breakout system

you can find the rules, system for free on the internet.

Better? I also trade this system live. U can see results, and orders, on daily basis at www myfxreport dot com
Click to expand...
 
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