It's another winning month for FPM in January with a total win of 823 pips. The great news is that with the pips won this month (along with almost 900 more pips of profit across 4 trades still open as we've moved into February), I've erased the drawdown entered in November and am once again at a new equity high!
Here are the results for January on the 4 Hour chart across the 8 pairs I trade:
30 trades total
11 wins - 2,395 pips
19 losses - 1,572 pips
Total: +823 pips
37% win rate
Avg win: 217
Avg loss: 82
Avg R/R: 2.64 to 1
Here are the results for January by each currency pair:
EUR/JPY 2 wins, 2 losses: +654 pips
USD/CAD 2 wins, 1 loss: +339 pips
AUD/USD 1 win, 0 losses: +237 pips
EUR/USD 2 wins, 3 losses: +182 pips
USD/JPY 1 win, 4 losses: +128 pips
USD/CHF 1 win, 1 loss: (-50 pips)
GBP/USD 1 win, 4 losses: (-241 pips)
GBP/JPY 1 win, 4 losses: (-426 pips)
That's it for January... and with the winning trades still open it looks like a good start for the month of February.
For more information about Forex Profit Monster (and my day trading system Forex Day Monster) visit my website www.forexprofitmonster.com. To purchase either trading system visit my eBay page: http://myworld.ebay.com/jimsgr8stuff4less/
Best of luck in your trading!
Jim
www.forexprofitmonster.com
http://myworld.ebay.com/jimsgr8stuff4less/
