Forex Profit Monster Results - November 2011

So the holidays are over and it's the start of a new year! This post includes only the November results because I'm just getting around to transcribing my trading logs and posting the results from November. I've been enjoying some downtime over the past several weeks... but I'm taking some time on a Sunday morning to catch up on some of the more "clerical" aspects of my trading that I can procrastinate.

I've also spent some time over the past couple of weeks reviewing the data from the past few years and reorganizing it from monthly data points to quarterly. Beginning with the December results I'll start posting a new equity graph using the quarterly results instead of monthly results. (While I'll still post monthly results here on the blog, the graph will only be updated each quarter).

November was a very good month for Forex Profit Monster with an overall profit of 1,286 pips. Here are the overall results of the 8 pairs I trade on the 4 Hour charts with FPM:

20 trades total

10 wins: 2,104 pips

10 losses: 818 pips

Total pips: +1,286

50% win rate

Avg win: 210 pips

Avg loss: 81 pips

Avg risk/reward: 2.59 to 1

Here are the results by currency pair:

GBP/JPY 2W, 0L +586

EUR/JPY 2W, 1L +340

USD/CHF 1W, 0L +284

AUD/USD 1W, 1L +233

USD/JPY 1W, 0L +58

EUR/USD 1W, 1L +49

USD/CAD 1W, 3L (-91)

GBP/USD 1W, 4L (-173)

And the totals for 2011 so far:
January (-35)
February (-334)
March +869
April +2,168
May +503
June (-811)
July +225
August +221
September +2,227
October +2,634

November +1,286

That's a total of 8,953 pips so far in 2011, and an average per month of +813 pips. For more information about Forex Profit Monster (and my day trading system Forex Day Monster), visit the website at www.forexprofitmonster.com.

To purchase either system (or both) at a discount, visit my eBay page at http://myworld.ebay.com/jimsgr8stuff4less where I list one or two items per week at a discount.

Best of luck in your trading!

Jim

www.forexprofitmonster.com