Sunday, September 24, 2017

Overall Profit and Loss Report For Break The Bands Strategy For November 2014

December 3, 2014 by  
Filed under My Overall Strategy Performance

Time flies and it is almost 2 years since I first posted this performance report in December 2012. It is the start of December 2014 and it is time for me to finalize the overall performance of my Break The Bands Strategy in my Forex Street University Course for the month of November 2014.

Information about Break The Bands Strategy

The Break The Bands strategy is formulated by me for my own trading and you will not be able to learn it elsewhere. Do note that personally I used this strategy only on the 15 minutes chart but feedback from students tell me that it works pretty well on other time frames as well.

Do note that this strategy does not have 100% winning percentage. In fact, all my strategies do not have 100% winning percentage as there are no such strategy on earth. If you want to become a profitable trader like me, you will first have to realize the fact that there is no way you can win 100% of the time.

What we traders look for is a strategy with at least 70% winning percentage and risk reward ratio of 1:2. With such a specification, you will find that you will be profitable every single month in trading like me.

Some readers thought that break the bands strategy is just as simple as waiting for the price to break the bands and they are absolutely wrong. There is a process where you need to use to verify if the trade is valid or not. This is to prevent you from getting into more losing trades and this is a techniques that I have derived over the years to allow me a lot more winning trades than losing trades in this strategy.

As for the entry, there is also a technique for it so that you can identify the best entry point so that you can grab more profits.

In fact, the month of November 2014 is one of worst performing month for the Break the Bands Strategy as it registered 6 winning trades, 1 breakeven trade and 6 losing trades in total. If you take a look at the past performance of this strategy, you can see that the average winning percentage is more than 70%. Luckily due to the good risk reward ratio of this strategy, it still manages to make me profits for the month which is why I often tell my students that risk reward ratio of a strategy is the key to profitable trading. Even with such poor performance, my students and I are still making money from using it.

The performance for last month is the best example for it.

Profit & Loss Report

Profits So Far = 6 x 50 pips = +300 pips

Losses So Far = 6 x 25 pips = -150 pips

As a whole, the strategy made me a profits of 150 pips (equivalent to $1,500 based on trading 1 standard lot per trade) for the month of November 2014.

But before I go into the details of each trade, I will like to share 2 emails that I have received from my students and such emails serve as a good motivation for me. It took me 13 months to prepare and finally complete the whole Forex Street University course and all the modules within it are filled with high quality techniques which are not found elsewhere.

These are techniques that I have formulated myself for my own trading and it actually took me a long time to decide to create a course for it. I am glad to receive all these emails from students telling me how much they like the course and this has proved that my decision to create the course is correct.

December 2014 a

December 2014 b

However the other strategies in the Forex Street University perform as usual and therefore my profits for the month is still quite considerable.

In this report, you will see the power of risk reward ratio in trading. So let us go through the details of each trade below. Do note that all trades are done on the 15 minutes chart.


  • 4th Nov 2014 : +50 pips


  • 4th Nov 2014 : -25 pips


  • 5th Nov 2014 : -25 pips


  • 17th Nov 2014 : -25 pips


  • 25th Nov 2014 : -25 pips



  • 12th Nov 2014 : -25 pips


  • 13th Nov 2014 : +50 pips


  • 27th Nov 2014 : Breakeven


  • 3rd Nov 2014 : +50 pips


  • 10th Nov 2014 : +50 pips


  • 28th Nov 2014 : + 50 pips



  • 10th Nov 2014 : +50 pips


  • 11th Nov 2014 : -25 pips


This is simply the profit from one strategy alone and you can imagine the overall performance of all my strategies as a whole. I often receive emails from readers of this blog telling me that they are not sure if my Forex Street University course is suitable for them and my answer to them is always the same. The Forex Street University is going to be the last course you ever need to make money from the forex market. All the strategies in this course are the exact one that I am using to trade everyday. If I can make consistent income every month with those strategies, I dun see why you can’t.

However you must put in effort to practice each and every strategy that I have taught you in the course until you are able to execute them perfectly before you start to trade with real money. Even if you just use the Break the Bands Strategy alone, you will still get the same results as above and this strategy has never made a single losing month for me. In fact, I have been updating this strategy performance since 2012 and it has never get a single losing month before.

All the techniques and setup in my course are time tested and proven to work for me for years and that is why I am teaching it to you. As for the rest of the strategies, the combined profits is much more than above and I hope that all my Forex Street University students are making a good profits from this course.

For those of you who are my forex street university course students, I will advice you to focus on break the bands strategy first as it is a very reliable and easy to execute strategy. Start making money with it and then move on to practice the other strategies.


I understand that a lot of you have been very cautious when looking for a forex course as there are a lot of lousy courses that are created by marketers trying to make money from those of you who are interested in trading. These people are not real traders and this explains why those strategies that they teach do not work. In fact, I have purchased several low quality courses when I am new to trading and therefore I understand your concern.

You can take a look at my course but do not rush into buying it, have a feel of the way I teach in those articles and videos in this blog before you decide if this course is for you. There is no point in getting a course where you do not like the teaching style. 

For those of  you who are not in any forex course and are still struggling in your trading, you can take a look at my Forex Street University Course below

If you will like to learn how to trade from me, you can take a look at my Forex Street University Course below

Click here for my Forex Course

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4 Responses to “Overall Profit and Loss Report For Break The Bands Strategy For November 2014”
  1. Zul says:

    Hi kelvin!

    I havent yet subscribe to your course but would like to know whether this particular method is only applicable to this 4 pairs? Can it be applied to others as well?

    Much appreciate. Thanks!

    • Kelvin says:

      Hi Zul

      I personally used it for these 4 currency pairs and have never tried it on any other pairs and therefore I can’t tell you whether it works for the others or not. In fact, you can be very profitable with these 4 pairs and why bother about the rest.

  2. Ahmad says:



  3. ACE says:

    You are the best mentor I have in forex. Good job man!

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