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Sample
Trades.
The first six months of 2010
showing all the Dow trades. The stop is now 120 pips.
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The
principle is clearly shown here - we buy on a green arrow and sell
on a red arrow. The chart is checked at the end of day and the trade
opened on the start of the next day's candle. Of course, this may
not be convenient, depending on your time zone, but plus or minus a
few hours will make little difference on a trade lasting an average
of week. Includes the highly effective but more time-consuming Four
Hour Trader, trading off the 4hr charts.
For July and
August, we had four more trades - two losers and two winners in
choppy trading, giving a total of +2,700 pips for the first 8 months.
When world conditions are risky, switch to 4hr chart trading for
safety.
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The first six months of 2010
showing all the Crude Oil trades.
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For July and August
we had three more trades: one loser of -250 pips and
two more +500 pip winners making a total of +1,500 pips
for the first 8 months. 2011 has proved to be just as
profitable - see the
results page. |
The first six months of 2010
showing all the Gold trades. We
don't trade signals on candles exceeding 300 pips (increased to
325 for 2011).
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So,
all together,
oil, the Dow and Gold gave us 24 trades in the first
8 months of 2010 (this was written in the
middle of September) and
6,570 pips.
This is an average of over 800 pips a month, or over
$8,000 trading one contract. Drawdowns and risk are
less than for other trading methods, making this a
serious way to make a living. Cautious traders can
move the stop to +10 pips when we have 50% of the
target profit. 4hr Trading is more profitable! |
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The
Gold indicator
can also be used for Forex - particularly the EUR/USD
and the GBP/JYP. However, unlike the Dow and oil, Forex
frequently suffers from periods of sideways
movement. This gives rise to false signals
that retrace and go nowhere, resulting in a series
of losses (a familiar problem for Forex day
traders). For this reason, I am not showing any
Forex charts here. Although you will probably make a
profit, I personally only recommend the EUR/USD and
the GBP/JYP. . |
Four Hour
Trading Charts Examples
March Oil 2011
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The first trade for March was on the 8th and we had
9 signals in total. Three were losing trades
resulting in losses of -220 pips and six were
winners giving us a cool +1,500 pips for an overall
profit of +1,380 pips - for oil alone! The -20 pip
trades were close by an opposing signal. Trading one
contract (two times 0.5 contracts) that would be
$6,900 which is not bad for one month. even trading
the minimum 0.1 contracts would have given us $690
profit. |
March Gold
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Off screen we had two
trades. The first made 97 pips and retraced giving
us a double -70 pip loss! The second gave us +100
pips and 0 pips. That's 11 trades with 5 winners
giving us +1,120 pips and 4 losers taking away 620
pips giving us a poor +500 for the month. the
unusual +100, +20 trade was because the second half
was closed by the next signal. Gold was very erratic
during March because of the Middle East and Japan
causing gold to fluctuate wildly on a daily basis. |
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