Wednesday, June 28, 2017

Break The Bands Strategy Performance Report 6

January 28, 2013 by  
Filed under My Overall Strategy Performance


I hope that you guys are making money in trading with my Break the Bands Strategy already. So it is time again to update you guys the performance of this strategy for this month so far.

2nd January 2013 EURUSD: Breakeven

3rd January 2013 EURUSD: +50 pips

7th January 2013 EURUSD: -25 pips

8th January 2013 EURUSD: Breakeven

11th January 2013 EURUSD: +50 pips

11th January 2013 EURUSD: Breakeven

17th January 2013 EURUSD: Breakeven

24th January 2013 EURUSD: +50 pips

For the whole of last week, we have only one Break The Bands trade because the 4 hourly chart is in consolidation.

However as a whole, this stategy has made me +125 pips. If you are trading standard lot size, you are already making $1,250 this month and there are 3 more days to go before this month ends.

By the way, all the trading above are recorded and is available for those of you who has purchased my Break The Bands Strategy Video Course. If you have already purchased my Break The Bands Strategy Video Course, you can log into your members area to view the recorded video of how I trade the above trades.

For those of you who wish to find out more about this strategy, you can get the video course from me.

Click Here For The Video Course

Comments

2 Responses to “Break The Bands Strategy Performance Report 6”
  1. Rajasekharan says:

    Dear Mr. Kelvin Lee,

    Thank you for your email updates on break the bands strategy. I have gone through lot of stuffs from you blog and found very much interesting. Going to join your course in due course. By the by I have a doubt hope you will clear it. Today I checked the Demo a/c USD/JPY daily t/f shows UP trend and 4Hr also same.5 minutes/15/30 showed d/trend and the price broke up on 5/15/30 minutes time frame crossing 13 ema/50 EMA Naturally we should take a short position. However, daily and 4 hr/ time frame showed up trend. Would it be advisable to take a position of Buy/ Entry?
    Kindly reply
    Many thanks
    Raju Nair

    • Kelvin says:

      Hi Raju

      It looks to me that the overall trend is UP since the higher time frame is showing an upward trend. However the 5, 15 and 30 minutes are showing downtrend. Maybe allow me some time to share with you my opinion on this situation.
      The downtrend you are seeing on the lower time frame is actually the retracement on the higher time frame and therefore if I am going to trade the trend, I will look to BUY instead of SELL.

      However if you are only planning to make maybe 20 to 30 pips in the trade, you can just ignore the higher time frame trend and then trade the SELL trade on the lower time frame. Therefore everything boils down to how much you are planning to make and how long you are willing to start in the trade. There is no right or wrong answer to your question.

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