The first half of March has been simply awesome. Profx5 is a whopping 737 pips in profit and Strategies 1-4 played a great supporting role banking 148 pips in the first 2 weeks of March. This gives us a net profit of 885 pips for our automated trading strategies in the first half of March.
For those of you who trade our weekend gap strategy – we had 5 viable trade setups (15th March). All 5 quickly reached their respective full profit target for a total of 74 pips. EURJPY ‘gapped’ more than 30 pips so we followed our trade rules and took off half the trade once halfway to full profit target and moved the stop loss to break even. It is good to be back in serious profit again and this free to download, manual strategy is already up 710 pips in 2015.
2014 has now come to a close. What a challenging year it proved to be. Our newest Expert Advisor – PROF X5 had a poor year losing 1639 pips. However, we still have enormous faith in this EA and high hopes for a stella 2015. The market conditions (whipsaw volatility) are the worst for most EA’s and Prof X5 was no different. This is the benefit of trading multiple strategies – when one or two are not performing well – others compensate. The net total result for the year was 5482 pips, an increase of 21% on 2013. See below for the individual EA results. If you have traded before you will understand how incredible and potentially life changing these results are.
Individual trading strategy results for 2013 were as follows:
PROF X5 -1639
Strategy 1 1852
Strategy 2 414
Strategy 3 2948
Strategy 4 1348
Free Strategy 559 (manually traded)