Time for the March results (and quarterly update) for Forex Profit Monster. March was a great month with over 1,600 pips of profit realized, mostly from Yen pairs that had entered into sustained trends in February.Here are the results:
33 total trades taken
14 winning trades: 2,752 pips
19 losing trades: 1,085 pips
Total profit: + 1,667 pips
42% win rate
Avg win: 196
Avg loss: 57
Avg risk/reward: 3.43 to 1
Here are the results by currency pair as traded on the 4 Hour chart:
GBP/JPY 2W, 1L +726
EUR/JPY 3W, 2L +620
USD/JPY 2W, 1L +461
EUR/USD 2W, 1L +67
USD/CHF 2W, 1L +60
GBP/USD 2W, 1L +28
AUD/USD 1W, 4L (-73)
USD/CAD 0W, 6L (-222)
The month of March ends the first quarter of results for FPM, and all three months were positive; with January posting an 891 pip gain, February added 206 pips, and March 1,667. That's a total of 2,764 pips for the first quarter of 2012, and a grand total of 59,634 pips since I started trading Forex Profit Monster live in the 2nd quarter of 2007. (You can see a graph on the performance since 2007 at the top of this post.)
For more information regarding purchasing Forex Profit Monster (or my daytrading system Forex Day Monster), visit www.forexprofitmonster.com or my eBay page at http://myworld.ebay.com/jimsgr8stuff4less where I list one or two items per week at a discount.
Thanks for reading the results blog for Forex Profit Monster, and best of luck in your trading!
Jim
