FX Signals Performance 2017 Pips Made Per Month

FxComment Trading Rules:

  • All running positions shouldn’t exceed 3% to 5% of the total equity.
  • In scientific risk management plans, we use only 3% of the equity for running positions and gradually we enter a position and close another.
  • We can divide the used quantity (3% to 5% maximum) into 2 or three positions.
  • Short-term trading strategies are better than intraday and scalping.
  • In FxComment, we may close positions before reaching detected targets or stop loss.
  • Sometimes, we close all opened positions if the collection is working out good. To understand this point, lets us say we have three running positions and 2 of them make 100 pips and the third is running with a loss of 50 pips, we may close the three positions with 50 pips profit.
  • Sometimes, we close all floating positions on Fridays ahead of the market closing to avoid Friday’s fluctuation.
  • Trader should consider FOREX market as a market for trading not for gambling since this is a common mistake. FOREX trader should be patient and should be able to control his/her emotions.
  • It is not a matter of being involved in 10 or 20 position during the day, this is completely wrong, as one can make gradual profit by using small equities and good number of pips over short-term basis.
Recommendations
Entry Date Instrument Position Type Entry Target Stop loss Closing Price Status Closing Date Result +/- Notes Chart
18/04/2017 09:10 AM GBPUSD Sell 1.2524 Open target 1.2630 1.2630 Stop loss 18/04/2017 10:39 AM -106 GBPUSD
17/04/2017 06:18 AM EURGBP Buy 0.8474 Open Target 0.8390 0.8390 Stop loss 18/04/2017 13:12 PM -84 EURGBP
12/04/2017 12:51 PM USDCAD Buy 1.3317 Open target 1.3270 1.3270 Stop loss 12/04/2017 14:01 PM -47 USDCAD
11/04/2017 08:41 AM GBPJPY Buy 137.50 Open target 135.70 135.70 Stop loss 17/04/2017 05:52 AM -180 Stop loss Changed GBPJPY
05/04/2017 09:32 AM EURGBP Sell 0.8544 Open target 0.8630 0.8495 Manual Closing 11/04/2017 18:30 PM 49 EURGBP
05/04/2017 09:31 AM CHFJPY Buy 110.63 Open target 109.55 109.55 Stop loss 11/04/2017 07:22 AM -108 CHFJPY
04/04/2017 13:07 PM USDJPY Buy 110.56 Open Target 109.25 109.25 Stop loss 13/04/2017 02:28 AM -131 USDJPY
03/04/2017 08:15 AM AUDCHF Sell 0.7634 0.7400 0.7690 0.7565 Manual Closing 04/04/2017 13:03 PM 69 AUDCHF
03/04/2017 07:15 AM EURNZD Sell 1.5248 Open target 1.5300 1.5275 Manual Closing 04/04/2017 13:01 PM -27 EURNZD
03/04/2017 01:00 AM GBPJPY Buy 138.90 Open Target 137.20 137.20 Stop loss 04/04/2017 08:24 AM -170 GBPJPY
31/03/2017 09:40 AM USDCAD Buy 1.3356 1.3730 1.3356 1.3356 Stop loss 07/04/2017 12:26 PM 0 USDCAD
28/03/2017 16:31 PM EURCAD Sell 1.4528 Open Target 1.4650 1.4420 Manual Closing 108 EURCAD
28/03/2017 16:27 PM AUDJPY Buy 84.03 Open Target 83.00 85.03 Manual Closing 100 AUDJPY
23/03/2017 16:11 PM GBPUSD Sell 1.2510 Open Target 1.2630 1.2418 Manual Closing 92 GBPUSD
23/03/2017 06:13 AM USDCAD Sell 1.3345 1.3090 1.3430 1.3367 Manual Closing -22 USDCAD