September was quite a challenging month for this system and October looks to be continuing in a similar vein. However, the system continues to shows a profit even if using a mechanical entry and exit strategy of taking 10 pips profit or allowing to run to a 20 pip loss.

So if you implemented a mechanical strategy the results for September were…

Currency

AM

Other

PM

Total
EUR/USD

10

-70

0

-60

GBP/USD

20

60

0

80

Total

30

-10

0

20

 

So overall a profit, but not great if you just traded in a mechanical way and allowed every losing trade to reach it’s stop loss without intervention.

However, if you actively traded the entry signals and exited trades in line with the indicators, taking the bigger profits when able and reducing losses by exiting when indicators supported that action, the results would have been significantly better.

Currency

AM

Other

PM

Total
EUR/USD

67

-20

0

47

GBP/USD

122

51

55

228

Total

189

31

55

275

 

To achieve these types of profits you do need to be able to trade during the sessions and actively watch the charts.

Today’s (16th October)  AM Cable session is a great example of where more profits were available if you stick with the indicators….we would have taken just 10 pips mechanically, but if you would have stuck in the BUY trade you would have achieved 40 pips profit easily!

You can get 4ex Pip System here:

https://www.cash-master.com/4exPipSystem.php