Forex Profit Monster Trading System: Forex Profit Monster Results

Finding the time to transcribe my FPM trading results lately has been tough. It's not that I've been losing (which we'll get to in a minute... a special "hello" to those of you who continue to email me hoping that I'm not still seeing success trading with FPM), but that I've been extremely busy. I've been busy day trading, which has been offering up a lot of great opportunities lately, even though I've had to actually manage some of the trades for more than a day. I've also been busy working on a new trading course that goes more in depth into the areas that traders need to work on to become successful... more on this as it becomes available.

Because I know it's important I've forced myself to sit down on a beautiful 70 degree Saturday to update the past couple months of results as I just don't get much time during the trading week anymore.

The month of January was an "above average" month for FPM, showing me a total win of 891 pips. This was a great way to start 2012, and some equity from open trades from January carrying into the next month gave me a good start to a profitable month for February as well. Here are the results for January:

25 total trades

12 winning trades: 1,802 pips

13 losing trades: 911 pips

Total profit: +891 pips

48% win rate

Avg win: 150 pips

Avg loss: 70 pips

Avg risk/reward ratio: 2.14 to 1

Here are the January results by currency pairs traded on the 4 Hour chart:

EUR/JPY 2W, 0L +532

GBP/JPY 2W, 1L +311

EUR/USD 1W, 0L +162

USD/JPY 2W, 2L +50

USD/CAD 1W, 3L +19

USD/CHF 2W, 4L (-5)

AUD/USD 1W, 1L (-7)

GBP/USD 1W, 2L (-171)

Of course this being the first results of 2012, they're also the yearly totals... +891 pips.

Remember that I'm also only updating the overall pip totals now once per quarter. A new graph will be posted with the March results.

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