Important Notice: CFTC Rule 4.41
Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
All results shown on this website are hypothetical, back-tested results. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading.
Wednesday 11 April 2012 ... +20 pips
Today the area around 1.3060 - 1.3070 was a very strong area of support being a wPoC & a double VaL. 2000 is also a time commonly where the market break's out or reverses strongly. A great place to take a trade n the long side [2000].
SUMMARY FOR MARCH 2012
6 trades, 5 Profit Target, 0 Losses, and 1 Break-Even's for a total of 103 pips
Tuesday 27 March 2012 ... +15 pips
A bounce off PoC today made for a an easy scalp with no news on the horizon and a bullish bias [xBand].
Tuesday 13 March 2012 ... +20 pips
1.3180 was a key level of resistance established on Friday and not breached subsequently - great place for a quick short scalp [Pot]
Friday 9 March 2012 ... -2 pips
EURUSD liquidity trade setup nicely today, but we got stopped out @ breakeven not long before the trade went to script [LiqdX]
Tuesday 6 March 2012 ... +30 pips
EURUSD liquidity trade again went off like clockwork today. No material news events on the horizon, increased liquidity coming into European session and building bearish momentum allowing a ride south [LiqdX]
Friday 2 March 2012 .... +30 pips
EURUSD liquidity trade went off like clockwork today. No material news events on the horizon, increased liquidity coming into European session and building bearish momentum allowing a ride south [LiqdX]
Thursday 1 March 2012 ... +10 pips
This trade did not necessarily go to plan early upward momentum that fizzled out due to resistance at VaL, resulting in closing out the position before the start of the European session [2000].
SUMMARY FOR FEBRUARY 2012
2 trades, 2 Profit Target, 0 Losses, and 0 Break-Even's for a total of 80 pips
Monday 27 February 2012 ... +20 pips
A pothole was evident from Friday trading, presenting as a key area of support [Pot].
Tuesday 7 February 2012 ... +60 pips
1.3100 was a key level of support courtesy of a hole in the price distribution from the day prior, presenting as a high probability/ big pip trade which worked precisely on EURUSD today. The Aussie interest rate decision cuased some volatility around the time of entry, but bullish momentum carried the trade to our target level. [Pot]
SUMMARY FOR JANUARY 2012
6 trades, 5 Profit Targets, 0 Losses, and 1 Break-Even's for a total of 93 pips
Friday 20 January 2012 ... -2 pips & +30 pips = +28 pips
A false breakout of the Asian session saw us trigger our breakeven stop. Busting through the 1.3000 was too big an ask this week, even after a 300 pip move for the week [Liqd].
We did catch a second run south after the 1.3000 resistance for 30 pips [LiqdX].
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Thursday 19 January 2012 ... +20 pips
VaH was a key level of support, ripe for a bounce with the underlying momentum being long. [xBand]
Friday 13 January 2012 ... +15 pips
PoC was a key level of support today affording a quick scalp trade for 15 pips. [xBand]
Friday 6 January 2012 ... +15 pips
Deja vu ... PoC was a key level of resistance on EURUSD. No material news events on the horizon. [xBand]
Thursday 5 January 2012 ... +15 pips
PoC was a key resistance level on EURUSD, prime for a short. We left plenty on the table on this high probability trade [xBand]
SUMMARY FOR DECEMBER 2011
3 trades, 3 Profit Targets, 0 Losses, and 0 Break-Even's for a total of 100 pips
Friday 9 December 2011 ... +20 pips
A quick scalp fpr 20 pips using 1.3350 area which was a key pivot area the Asian and last part of US session [2000]
Friday 2 December 2011 ... +60 pips
wPoC this week was 1.3520, and with recent tests of this level running out of steam, it was a great place to get short [wPoC]
Thursday 1 December 2011 ... +20 pips
A quick scalp fpr 20 pips using 1.3440 which was a key area of support in the Asian and last part of US session [2000]
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SUMMARY FOR NOVEMBER 2011
4 trades, 4 Profit Targets, 0 Losses, and 0 Break-Even's for a total of 90 pips
Wednesday 10 November 2011 ... +20 pips
After yesterday's massive falls and without any material reaction from EU leaders, we needed only have a 'short' lens today. With the open below VaL, it was a great place to get short. [xBand]
Tuesday 9 November 2011 ... +25 pips
80/20 trade on EURUSD which benefited from the euro selloff driven by a spike in Italian bond yields - 80/20 trades rely upon the vacuum of 00 levels and underlying momentum. [80/20]
Friday 4 November 2011 ... +20 pips
Trade resulted from double VaH presenting as a strong level of S/R. We went long early in the European session at 1.3810 for 20 pips. [Dub]
Tuesday 1 November 2011 ... +25 pips
Strong bearish posture today after yesterday's sell-off. Great opportunity for an 80/20 trade with 00 level acting as a magnet for prices. [80/20]
SUMMARY FOR OCTOBER 2011
9 trades, 7 Profit Targets, 0 Losses, and 2 Break-Even's for a total of 146 pips
Monday 31 October 2011 ... +15 pips & +20 pips
First trade was premised on 2 features (1) gap down at the open which positioned the open below VaL, and (2) presentment of a key level of resistance being PoC, which was a high probability level for a short reversal. [xBand]
Second trade was a classic liquidity trade today on EURUSD - substantial bearish momentum from midway through the Asian session due to Japan's central bank intervening to lower the value of its currency resulting in more risk exposed currencies (e.g. Aussie Dollar & Euro) selling off. [Liqd]
Thursday 27 October 2011 ... -2 pips
3rd day in a row we had the same VaH level on EURUSD providing an ideal level to take a reversal from - today didn't work as the market's underlying bullish bias pushed through the level to ultimately break 1.4000 for the first time in over a month. We got out at breakeven - risk management planning is key to generating returns in the currency market. [Dub]
Wednesday 26 October 2011 ... +15 pips
The EURUSD had a consecutive/ double VaH today, meaning a strong level of resistance which we took today for a quick 15 pip reversal. [Dub]
Thursday 20 October 2011 ... -2 pips & +30 pips = +28 pips
Today's first trade was a Liquidity Trade on EURUSD on the short side - stopped out at breakeven. [Liqd]
The second trade followed British Retail Sales which came in much stronger than expectations (0.6% vs 0.0%). GBPUSD gapped up on the release retracing nicely for our entry, for a quick 30 pips. [NEWS]
Wednesday 19 October 2011 ... +25 pips
A classic liquidity trade today with strong momentum combined with extra liquidity at the start of the European session, affording a quick 25 pips. [Liqd]
Tuesday 18 October 2011 ... +15 pips
EURUSD which went extremely close to being stopped out on several occassions before seeing PT hit way a number of hours later. 1.3760 was a key pivot point and PoC - we did not expect as much congestion. [xBand]
Wednesday 12th October 2011 ... +30 pips
Liquidity trade today on EURUSD yielded 30 pips - momentum was building, trend was strengthening, and a wave was there for the riding. [Liqd]
SUMMARY FOR SEPTEMBER 2011
6 trades, 5 Profit Targets, 1 Loss, and 0 Break-Even's for a total of 73 pips
Thursday 15th Sept 2011 ... +15 pips
Today the Asian session opened above VaH, with VaL closely positioned to PoC. With the recent bias for the Euro being long, with no material financial events on the horizon to derail our plans, we took an opportunity to take a reversal trade off PoC. Whilst the entry was not optimal, we picked up 15 pips. [xBand]
Tuesday 13th Sept 2011 ... +15 pips
1.3630 level was an important pivot point, a level thart has attracted a lot of interest over the last 12 months. It was also PoC today, a level that presented as a great opportunity to scalp a reversal trade off, which we did today to collect a quick 15 pips. [xBand]
Friday 9th Sept 2011 ... +30 pips
Canadian employment numbers were released today with a consensus expectation of +24.2k in extra jobs. The actual result was a loss of 5.5k. Given that job creation is an important leading indicator of consumer spending which accounts for a large chunk of Canada's economy, this was bad news for the CAD. We waited for a retracement, and then went long USDCAD for a 30 pip profit. [NEWS]
Tuesday 6th Sept 2011 ... -32 pips
It shaped up as a high probability trade today in the European session, with a strong bearish bias for several days and evidence of VaL acting as resistance ripe for a reversal scalp. Unbeknown to most market participants was the planned announcement by the Swiss National Bank to devalue their currency against the Euro. Luckily we got stopped out before the large spike, which could have been nasty if we had a wider stop. There was a lot of value created and destroyed in the currency markets today - it is not for the faint-hearted! [xBand]
Friday 2nd Sept 2011 ... +30 pips
We had US Non-Farm Payrolls released today with a consensus of +74k new jobs - the actual was a flat result (i.e. 0k) which should have disappointed the market. The prior month was also revised down from 117k to 85k, laying fertile ground for a short of the USD. We went long EURUSD after a retracement and picked a quick 30 pips. In hindsight, we were fortunate to get away with a profit, as the market actually took a view of greater risk to the global economy from a weak US economy and the growing threat of the need for another round of quantitative easing ("QE3") from the Federal Reserve, with the EURUSD eventually falling 50 pips. [NEWS]
Thursday 1st Sept 2011 ... +25 pips
Today opened and stayed below VaL all 3 sessions, contnuing the prior day downtrend. An acceleration/ breakout started in the European session, setting up an 80/20 trade - i.e. the 00 level acting as a magnet for the underlying momentum and liquidity. We entered at 1.4320 and exited at 1.4295. [80/20]
SUMMARY FOR AUGUST 2011
9 trades, 7 Profit Targets, 1 Loss, and 1 Break-Even for a total of 171 pips
Thursday 18 August 2011 ... +20 pips
VaL today and yesterday presented as a strong level of support, being tested on a number of times late in the Asian session and early in the European session. A good example of a 20 pip opportunistic scalp. [xBand]
Monday 15 August 2011 ... +20 pips
Early scalp after EURUSD opened the Asian session above VaH. VaH was at a similar level for two consecutive days. Momentum after last week's late rally in the share market resulted in renewed confidence in the Euro ensuring a high probability trade. Trade setup also represented a picture perfect opening gap trade, where the market gaps open and seeks to trace back to the market level of the final hour of trade from the previous session, before resuming the trend. [Dub]
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Monday 8 August 2011 ... -32 pips
Volatility from the stock market crash didn't help us today on our EURUSD Liquidity Trade, with a loss of 32 pips. Previous consecutive VaH levels presented as too strong a level to break through. [Liqd]
Both Asian & Europen sessions opened below VaL, with the now international financial crisis unfolding around the globe. The stockmarkets are selling off, but aside from volatility, there is not a lot of movement in the major currencies as one may have expected, given that the US Dollar is struggling to hold onto its title as the world's reserve currency. Today we used VaL for a quick 20 pip scalp as we took a reversal off the level. [xBand]
Our second trade today was the staple Liquidity trade that broke even on GBPUSD - liquidity was just not enough to reach our profit target, ultimately seeing our breakeven stop kick in after several attempts to move south. [Liqd]
Liquidity Trade on EURUSD - the trend south started late in the Asian session building momentum into the European session which we took advantage of. Given the momentum was not super strong, we took a more conservative entry point via a retracement. [Liqd]
British Manufacturing PMI was released today a full 2 points below expectation. PMI is a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the business sector's view of the economy. Above 50.0 indicates industry expansion, below indicates contraction. We waited for a retraction and caught a classic News Trade for 30 pips. [NEWS]
SUMMARY FOR JULY 2011
8 trades, 8 Profit Targets, 0 Losses, and 0 Break-Even for a total of 200 pips
Thursday 28 July 2011 ... +15 pips
EURUSD opened the European session below VaL which had demonstrated strong resistance during the Asian session - a quick scalp generated 15 pips. [xBand]
Wednesday 27 July 2011 ... +15 pips
EURUSD opened the Asian session above VaL, which was also very close to PoC, with PoC visibly a strong level of support. A quick test of the level midway through the session enabled a quick 15 pip scalp, with a high probability. No material events on the horizon - only minor impact German data releases to contend with. [xBand]
Tuesday 26 July 2011 ... +30 pips
Liquidity Trade on EURUSD went to script today, underpinned by more USD weakness from uncertainty with the US government impasse on raising the US debt ceiling. [Liqd]
Tuesday 19 July 2011 ... +25 pips
A classic 80/20 trade - change of trend with momentum from the start of the Asian session - with suction of the 00 level. [80/20]
Tuesday 12 July 2011 ... +30 pips
Another bearish day on GBPUSD with momentum building during Asian session, with liquidity pushing valuations further south in European session. British CPI due out later in session, too early to worry about. [Liqd]
Monday 11th July 2011 ... +30 pips
Bearish sentiment from the 'get go' today, as represented by a substantial opening gap down. After an attempted retracement to fill the gap (which failed), GBPUSD established a bearish trend from late in the Asian session - we took a quick 30 pips on the ride south, using a retracement for an optimal entry. [Liqd]
Monday 4th July 2011 ... +30 pips
Australian Retail Sales were released today which showed a dramatic fall and a larger fall than expected by economists. The Aussie immediately fell before retracing to our entry point from which we picked up 30 pips. Although this happened Sunday night US EST before Independence Day holiday, there is was sufficient liquidity in the market to take acceptable spreads and shift valuations. [NEWS]
Friday 1st July 2011 ... +25 pips
Liquidity Trade on EURUSD. Momemtum built during latter part of Asian session, and continued early in Eoropean session, testing VaH. A quick 25 pips. [Liqd]
SUMMARY FOR JUNE 2011
9 trades, 8 Profit Targets, 0 Losses, and 1 Break-Even for a total of 180 pips
Wednesday 29th June 2011 ... -2 pips
Liquidity Trade on EURUSD was stopped out at breakeven. The 4400 level proved to strong for the liquidity to make new valuation levels. [Liqd]
Tuesday 28th June 2011 ... +15 pips
EURUSD opened the Asian session above VaL, which was also very close to PoC, with PoC visibly a strong level of support. A quick test of the level early in the European session enabled a quick 15 pip scalp, with a high probability. No material events on the horizon - only minor impact German data release, 3 hours after session open. [xBand]
Thursday 23rd June 2011 ... +25 pips
A push lower in the Asian session on the EURUSD, which opened below VaL, riding the momentum down to the 00 level. +25 pip profit. [80/20]
Monday 20th June 2011 ... +20 pips
Classic liquidity trade in early part of European session on EURUSD ... solid bearish momemtum, pulled into 00 level. Level inside of ValueArea. [Liqd]
Tuesday 14th June 2011 ... +15 pips
Asian session opened above VaH, with strong support at PoC. Went long off PoC for a quick 15 pips. [xBand]
Friday 10th June 2011 ... +15 pips +30 pips = 45 pips
First trade was an early opportunity at beginning of European session to capitalise on EURUSD open below VaL for a quick 20 pip scalp off 4500. [xBand]
Second trade was our EURUSD regular liquidity trade with a clear break of 1.4500, and some pips in the bank. No material events on the horizon, making this a high probability trade. [Liqd]
Tuesday 7th June 2011 ... +30 pips
EURUSD liquidity trade with a break of VaH, and no material events on the horizon. Momentum built from halfway through the Asian session, with early European traders pushing the cross towards 4700 ... it is all about riding the wave. [Liqd]
Monday 6th June 2011 ... +15 pips
The prior US session saw a strong push up on EURUSD, and whilst the momentum did not continue in Asia, it demonstrated strong respect for, and accompanying support around VaH, presenting a high probability long trade. [xBand]
Wednesday 1st June 2011 ... +15 pips
An opportunistic trade here on EURUSD riding liquidity but taking a bounce off VaH for a quick 15 pip scalp. [xBand]
SUMMARY FOR MAY 2011
5 trades, 2 Profit Targets, 0 Losses, and 3 Break-Even for a total of 54 pips
Tuesday 24th May 2011 ... -2 pips
Liquidity trade on EURUSD that got stopped out at breakeven - a bit choppy today with insufficient momentum to push through the 4100 level. [Liqd]
Monday 23rd May 2011 ... +30 pips
Liquidity trade on EURUSD that was sucessful today. Strong trend that started towards the latter part of the last US session of last week continued, making this an easy trade that could have been ridden a lot longer, with VaL being well north of entry zone. [Liqd]
Thursday 19th May 2011 ... -2 pips
Liquidity trade on EURUSD that missed target by 2 pips before being stopped out at breakeven. Entry zone was inside ValueArea, so profit target may have been a bit optimistic, but money management rules prevented a material loss. [Liqd]
Thursday 12th May 2011 ... +30 pips
Another liquidity trade today on EURUSD. Absence of any market moving events, a trend reversal from Asian session, some liquidity from early european action, a retracement, and then a solid move south, well beneath VaL. [Liqd]
Wednesday 4th May 2011 ... -2 pips
Early momentum today on EURUSD stalled for several hours (resulting from gravitation around previous/ recent PoC) in the early part of European trading leading to a breakeven stop loss being triggered. Entry zone was outside of ValueArea. [Liqd]
SUMMARY FOR APRIL 2011
9 trades, 6 Profit Targets, 1 Loss, and 1 Break-Even for a total of 120 pips
Wednesday 27th April 2011 ... +25 pips
A spike early in the asian session which was preceded by strong momentum during the previous European & US sessions, again using the 00 level to pull in the trade, supported by a breakout of VaH. [80/20]
Tuesday 26th April 2011 ... +25 pips
Another day of Asian session momentum on EURUSD, using the 00 level for a quick 25 pips. [80/20]
Wednesday 20th April 2011 ... +25 pips
EURUSD saw some good momentum early in the Asian session today, breaking out from VaH, allowing us to use the 00 level to extract a quick 25 pips. [80/20]
Friday 15th April 2011 ... -33 pips
A loss today on GBPUSD short - setup looked good but caught by the larger trend which is long on the pair, and a roadblock caused by a recent PoC. Entry zone inside of ValueArea [Liqd]
Monday 11th April 2011 ... -2 pips
Good money management (breakeven stop) minimised our loss today. GBPUSD had some good momentum supported by liquidity but stalled on prior trading day resistance level - ended being a classic double bottom pattern. [Liqd]
Friday 8th April 2011 ... +25 pips & +30 pips = +55 pips
A push higher in the Asian session on the EURUSD, breaking out from VaH, riding the momentum to the 00 level. +25 pip profit. [80/20]
A strong uptrend continued into the European session on the Cable that was in place virtually from the beginning of the Asian session. British PPI was due out during the European session, but this rarely moves the market. +30 pip profit. [Liqd]
Wednesday 6th April 2011 ... +25 pips
A solid push higher today on the EURUSD which we caught for a quick 25 pips. It is quite common for the 00 levels to be magnets - we entered at the 80 level. [80/20]
SUMMARY FOR MARCH 2011
9 trades, 7 Profit Targets, 2 Break-Evens for a total of 174 pips
Thursday 31st March 2011 ... -3 pips
Another GBPUSD Liquidity Trade that drewdown 22 pips before heading back into positive territory. The momentum didn't sustain and we got stopped out at breakeven. [Liqd]
Wednesday 30th March 2011 ... +30 pips
GBPUSD Liquidity Trade yielded a quick 30 pips today - strong trend in place that complemented the fresh liquidity early in the European session. No events to stop the market. [Liqd]
Tuesday 29th March 2011 ... -3 pips
A GBPUSD liquidity trade today that got stopped out at break-even .... it was shaping up well but could not bust through the US session resistance level. [Liqd]
Thursday 24th March 2011 ... +15 pips
British Retail Sales were released today with a pre-release market consensus expectation of 0.5% contraction. Actual result was a 0.8% contraction. Retail sales is a key measure of economic health and any contraction is not good for a currency. The poorer result than expected ensured a short bias, and we took a quick 15 pips on GBPUSD after a brief retracement. [NEWS]
Tuesday 22nd March 2011 ... +15 pips
US Existing Home Sales were released this morning with a pre-release market consensus expectation of 5.15m sales. Actual result was 4.88m or 270k fewer than that expected. The US housing market has been a bellwether for the US economy due to its relationship to the GFC. Fewer home sales mean lower economic activity. We went long EURUSD and captured a quick 15 pips. [NEWS]
Friday 18th March 2011 ... +30 pips
Canadian CPI was released today with a pre-release market consensus expectation of a 0.5% rise. Actual result was 0.2%. Inflation is a key driver of interest rates, and low inflation places downward pressure on a currency. As a result, we went long USDCAD 15mins after the release. Expecting a correction after the initial market reaction, we entered the trade, although it did take us nearly 8 hours to get to our profit target. [NEWS]
Thursday 17th March 2011 ... +30 pips
Deja Vu, albeit with a long bias today - GBPUSD again had solid strength for last part of Asian session. No events on the horizon that would derail the liquidity increase supporting the underlying trend continuation. [Liqd]
Wednesday 16th March 2011 ... +30 pips
Another GBPUSD liquidity trade today in whippy conditions. Claimant count change was not too far away, and there was also a BOE speech - but these rarely move the market. Trend was established and we secured 30 pips in 45 mins, with a 20 pip drawdown. [Liqd]
Thursday 10th March 2011 ... +30 pips
GBPUSD presented a prime opportunity today, with a strong trend in place for the last half of the Asian session. A weaker trend also existed on EURUSD, but we chose the Pound based upon its strength. Our secondary liquidity trade is providing great opportunities at present, with limited economic and financial events presenting surprises to the market. [Liqd]
SUMMARY FOR FEBRUARY 2011
7 trades, 4 Profit Targets, 3 Break-Evens for a total of 92 pips
Monday 28 Feb 2011 ... +30 pips
No material news events, and a 5 hour old upward trend saw a quick (1.5hrs) 30 pips today on EURUSD. Inside of ValueArea. [Liqd]
Friday 18 Feb 2011 ... -3 pips
GBP Retail Sales were released with an expectation of a 0.6% rise. Actual result was a strong 1.9%. GBPUSD gapped up after the release, and as is common after these types of events, the pair retraced from which we entered at 1.61942. The pair ultimately rose up to 1.6260 but unfortnuately, we got stopped out on a breakeven stop - reflecting our conservative approach to risk management. [Liqd]
Thursday 17 Feb 2011 ... +30 pips
EURUSD drifted down and built good momentum early in European session. Some volatility after entry, but we rode down with the institutional weight for a quick +30 pips. Inside of ValueArea. [Liqd]
Friday 11 Feb 2011 ... +20 pips
A nice little setup on EURUSD with a bear bias emanating from the Asian session. Asian lows were broken with solid liquidity supporting momentum to the downside, without any material Euro or US economic or financial events on the horizon. Entry level whilst south of VaL, it was not optimum, but a tidy +20 pips were registered. [Liqd]
Wednesday 9 Feb 2011 ... -3 pips
This GBPUSD was shaping up nicely but experienced some minor whipsawing and was stopped out at breakeven. Loss of -3 pips. [Liqd]
Tuesday 8 Feb 2011 ... -2 pips
We got stopped out on today's trade Liquidity trade on EURUSD at breakeven. The trade had all the ingredients for success, but the momentum didn't last. A good example of the need to have a well defined risk management plan, in this place a break-even stop loss once the momentum stalled. Loss of -2 pips incurred. [Liqd]
Wednesday 2 Feb 2011 ... +20 pips
EURUSD move to the downside, with momentum not taking hold until start of European session, with trade executed mid-seesion. 20 pip profit. [Liqd]
These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.
Always remember that trading foreign exchange on margin carries a H
IGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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