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444 - The Ultimate Trading System

Discussion in 'Personal Trade Journals' started by FXTRADER444, Nov 29, 2012.

  1. FXTRADER444

    FXTRADER444 Private, 1st Class

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    Hi All

    I will start by saying I have developed a system that I believe is one of the best out there. This is an algorithmic based system producing buy and sell signals. I have back tested this for over 12 months with outstanding results. Lets get to the FACTS:

    - Average of over 600 Pips per month.
    - Trades EUR/USD, GBP/USD, AUD/USD, USD/CHF and USD/JPY only.
    - Every trade has a 100 pip stop/limit.
    - The only time that a trade is closed early is if there is a reverse signal prior to the trade being stopped out or hitting its limit, initiating a cut and reverse.
    - Maximum 5 trades at any point in time.
    - About a 75% strike rate, there will always be losses.

    Just letting you know, the system that I use will never be explained, all that I will be doing is letting you know the signals that appear and you can choose to take them or not. Please do not ask what indicators, methods, scripts etc, I will not reveal a thing. Please note: THIS IS NOT ADVICE, merely my point of view. I will be posting my trades as soon as I execute them for myself. I will post my trades for approximately the next 3 months, then at that point possibly take it commercial.


    That is it guys. I will post the trades as they come. If you trade them, trade smart. Don't go trading excessively. I generally risk no more than 2% a trade. The larger the account $$$ wise, the less risk I take.

    In time, I guess you will see what I have back tested for the last 12 months.

    Thanks for reading.


    FXTRADER444
     
  2. FXTRADER444

    FXTRADER444 Private, 1st Class

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    Trade number 1 - entry

    sell gbp/usd @ 1.6040

    stop loss: 1.6140

    take profit: 1.5940
     
  3. FXTRADER444

    FXTRADER444 Private, 1st Class

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    Trade Number 2 - Entry

    Sell AUD/USD @ 1.0440

    Stop Loss: 1.0540

    Take Profit: 1.0340
     
  4. perryfx

    perryfx Private, 1st Class

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    Hi,

    I am waiting for your signals
     
  5. FringFX

    FringFX Sergeant

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    Did you create the algo yourself?
    Your backtest constituted which months/years? why not extend the backtest to 24 or so months?
     
  6. FXTRADER444

    FXTRADER444 Private, 1st Class

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    Risk was very high last week with the amount of News coming out of Europe, UK and the States so held off the EUR/USD and USD/CHF. Still have the above two trades in the market. Just being patient
     
  7. FXTRADER444

    FXTRADER444 Private, 1st Class

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    Yes this is something I created myself.
    The time frame that I was looking at only allowed me to go back a certain amount of time, hence why it has been only 14 months.
    The period is from Oct 2011 till now
     
  8. perryfx

    perryfx Private, 1st Class

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    Yes I agree. Also this is the last month of the trading year. Need to be extra careful. Waiting for your updates everyday. Good luck
     
  9. FXTRADER444

    FXTRADER444 Private, 1st Class

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    Thanks, will post as soon as I see the signal. Cheers
     
  10. FXTRADER444

    FXTRADER444 Private, 1st Class

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    Stop Loss hit on trade: -100 PIPS
     

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