A Shaky start, but a saving trade makes it look good.

May 21st
Sell usdcad 1.137071 Profit +6.05
May 22nd
Buy 0.05 audusd 0.78246 Profit -15.08
Sell 0.05 usdjpy 94.79 Profit -3.78
May 26th
Buy 0.10 usdjpy 94.95 Profit -5.56
Sell 0.05 usdjpy 94.79 Profit -2.09
Sell 0.05 usdcad 1.1170 Profit 0.00
Sell 0.02 usdchf 1.0826 Profit -5.00
May 27th
Sell 0.10 usdchf 1.0842 Profit -22.72
May 28th
Buy 0.05 eurusd 1.3875 Profit +6.27
Sell 0.03 usdchf 1.0880 Profit +3.55
Sell 0.03 usdchf 1.0881 Profit +3.57
Buy 0.05 eurusd 1.3889 Profit +6.28
June 1st
Buy 0.10 audjpy 76.715 Profit 0.00
Buy 0.10 gbpjpy 154.35 Profit +264.90
June 2nd
Sell 0.10 usdjpy 96.20 Profit -20.79
Buy 0.10 nzdusd 0.6546 Profit 0.00
Sell 0.10 usdcad 1.0823 Profit 0.00
Buy 0.10 gbpjpy 158.82 Profit -6.55

Closed P/L: 166.25

Daily or H4 ?

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I don't mean to but in, but I have a hunch it's H4 - otherwise he wouldn't get so many trade setups.

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Yup !
H4 charts.

Hi Simmo,
Are you taking profit at the Initial Target?
or using a Trailing Stop?

I was expecting most transactions would be:
1. Losses at Stop Loss
2. breakeven (after profit reaches Inital Target then slips back)
3. Profits that have a wide range with a couple of large profits.
Thx

I'm Trying to follow the rules, so as soon as possible I move stoploss to breakeven and then close when the candle closes above or below the 10 ma.
I don't set a take profit target.

Neither do I. I just trail it by whatever the take profit is, and close the position of the candle closes below the 10 MA - as Simmo.

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Thanks Guys
Alan when you say trail it, is that only for Breakeven or do you keep moving Stop Loss?
example: If Stop Loss is 40 and Initial Target is 20, when profit equals +20 you move SL to BE. Do you move SL again or just close when candle closes above/below SMA?
Thank you

A Frustrating Day

Took two trades on the daily signals. Usd/Cad & Aud/Usd. Both trades went into profit, up +100 pips each. Following the rules for the aggressive strategy I had my stops at breakeven and....... both came back and took out the stops !!
Zero profit/loss.
Then I got three signals on the 4 hour charts Eur/Usd, Usd/Chf, Nzd/usd, trades went into profit, set stops to breakeven, yes you've guessed it, stops taken out 20 minutes later. All three of those trades would still be making money.
I think I'm going to try the conservative strategy and take some profit out at the first target, it's hard watching trades get stopped out even if you don't lose anything especially on a live account.
I guess there will be plenty more setups, hopefully more fruitful with a conservative strategy.
Maybe thats what I should be doing until I've managed to grow my account more.

I notice your trades were all on USD pairs, I was in some of those trades but tightened my stops when the news was coming out (to lock in some good profits in case it did a sharp turn) and waited for it to calm down again before looking for other possible trades