Recent content by tradingforex24

Big Ben Strategy Performance May 2011 BIG BEN STRATEGY The May was a very difficult month we had only 9 valid Trade and I am really happy to close this month with only a small loss of 1.56%. My total gain now after 261 days trading this strategy is 71.6%. I'll keep trading with 2%...

The week was not so good we can feel already the holiday season. We had only 2 valid set up. The market is very slow and no movement at all! The first week in January was again not profitable for us we are still in a loss period. Weekly summary: 4 trades, 0 profit, 2 loss, 2 breakeven...

The BREAKOUT STRATEGY is normal trading system, it is not a holy grail that is profitable 100% times. We need to be prepared that there will be 1, 2 or even 3 losing months every year. As long as the rest of the months are profitable, it is still a lot of edge to make money on. A psychological...

December was the first month with a small loss of 20 pips. Witch represents 2,39% loss of the account (providing we risk 3% per trade). But the overall profit is 40%. http://www.mt4i.com/users/fxtc01/stats As for the future trading, there’s no change. December results only means that the...

This is a BREAKOUT STRATEGY for the GBP/USD and USD/JPY currency pairs. It is true that trading a BREAKOUT STRATEGY can be a gold mine. In the financial markets, nothing works better than breakouts because every big move starts as a breakout from consolidation. The problem is that many...

Just so that you are aware, the week between Christmas and New Year normally suffers from low volume and unusual volatility. It's nothing out of the ordinary - it always happens at this time of the year. Although I will continue to trade the Big Ben Strategy account as normal, I just...

You have to be prepared that there will be weeks or even months where we make nothing, or even we will loss. But my live trading since September 2010 and the backtest since January 09 (see below) show that the most moths we end in profit. And if there a losing month, don't worry the profits are...

Opening-range breakout techniques have long been favorites of intra day stock index traders. A similar technique can be used in the currency market to capitalize on price moves in the British pound. The BIG BEN STRATEGY is a well known strategy. It is a day-trading technique that takes...