Forex Profit Monster Results - February 2012

February was a fantastic month for trading with Forex Profit Monster! Not only was February a winning month again with a profit of over 200 pips, but the great news is there were 3 trades caught in the beginning of the month on Yen pairs that stayed open throughout February and carried into March with a total of more than 1,800 pips in open equity! That virtually guarantees a profitable March, which means all 3 months in the first quarter of 2012 will have been winners. A much better way to start 2012 than 2011 when the year started with back to back losing months.

Here are the details for February on the 4 Hour chart:

20 total trades

8 winning trades: 864 pips

12 losing trades: 658 pips

Total profit: +206 pips

40% win rate

Avg win: 108

Avg loss: 54

Avg risk/reward ratio: 2.0 to 1

And the details by currency pair:

EUR/USD 3W, 1L +347

AUD/USD 1W, 3L +267

USD/CHF 2W, 0L +140

GBP/USD 1W, 4L +109

USD/JPY 1W, 0L +1

GBP/JPY 0W, 0L (0) (1 trade taken, not closed in Feb)

EUR/JPY 0W, 1L (-72)

USD/CAD 0W, 3L (-109)

Here are the yearly results so far:

January +891

February +206

That's a total of 1,097 pips so far in 2012, and an average of 548 pips per month.

With next month's post of the March results I will include a new graph of the overall performance of FPM since I began trading it live in 2007.

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

www.forexprofitmonster.com

http://myworld.ebay.com/jimsgr8stuff4less