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Forex Profit Farm Results: A Quick 115 Pips In Profit

Welcome back!

Yesterday I starting testing and posting the results for the Day Trading System, Forex Profit Farm.  You can see how my first day of testing when by clicking here.

So, this morning I continued my testing…

TOTAL TRADES: 2

Comments: I’m sure there are a lot more trades setups to get into today, but something came up with my other websites… so I have to stop the trading for today. I wanted to make 10 trades like yesterday, but I’ll have to be content to quit for the day with a perfect 100% winning record!

TOTAL WINNERS: 2

TOTAL LOSERS: 0

TOTAL PIPS: +115

OK, let’s talk about the trades a little. Read More …

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March 4th, 2009 | Leave a Comment

Forex Profit Farm Results: Positive 263 Pips

Let’s go over what happened today with my test of the strategy found in Forex Profit Farm.

TOTAL TRADES: 10

Comments: Like the book said, there are MULTIPLE trading opportunities on VARIOUS currency pairs. As a matter of fact, there were more than 10 trades to get into.  The author recommends only doing 5 days a day to keep from over-trading, but I did double for faster test results.

TOTAL WINNING TRADES: 6

TOTAL 0 TRADES: 1

TOTAL LOSING TRADES: 3

Comments: I consider this a 70% success rate (6 winners and one with no loss).  To be honest, I think I can do better than that, this being the first day of testing.

TOTAL PIPS: +263 PIPS

***SIDEBAR***

Many people want to know why I measure everthing in pips, instead of reporting how much money I make.  So, I thought I would go into that quickly here… Read More …

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March 3rd, 2009 | 1 Comment

Forex Profit Farm: 181 Pips Profit In 28 Minutes

This month I’m testing Forex Profit Farma Day Trading Forex system that works on 15 minute charts. Yesterday I went through the material again, made up a cheat sheet (which I always do) and made sure I understood the entire system.

This morning I set up the charts the way instructed.  This took about 2 minutes.  I immediately saw a buy set up.  The result… 181 pips in 28 minutes! Not too shabby for the first time out of the gates, right?

Here is a screen shot of the two trades:

Let me go over what happened during the trades…

Read More …

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March 3rd, 2009 | Leave a Comment
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