Forex Morning Trade

May 2012

admin — Fri, 11 May 2012 16:10:19 +0000

Important! Change of trading settings
From February I’m starting to use the following settings:

Trading time = 06:15 UK time (08:15 Alpari time)
Profit Target = 80 pips
Stop Loss = 80 pips
Break Even = 0 pips
BreakEvenAddPips = 0
UseLongCandleFilter = true

Forex Morning Trade

Live account (Alpari UK)

1st May – NO TRADE
due to open trade from previous days

2nd May – LONG
Entry: 1.62341
SL: 1.51541
P/L: -80 pips

3rd May – NO TRADE
due to open trade from previous days

4th May – NO TRADE
due to open trade from previous days

Weekly summary
1 loss
the week ended with -80 pips loss.

7th May – SHORT
Entry: 1.61172
SL: 1.51972
P/L: -80 pips

8th May – NO TRADE

9th May – NO TRADE

10th May – NO TRADE
due to LongCandleFilter

11th May – SHORT
Entry: 1.61219
SL: 1.60418
P/L: +81.9 pips

Weekly summary
1 profit, 1 loss
the week ended with +1.9 pips profit.

14th May – NO TRADE
due to open trade from previous days

15th May – NO TRADE
due to open trade from previous days

16th May – SHORT
Entry: 1.59689
SL: 1.58889
P/L: +80 pips

17th May – NO TRADE
due to open trade from previous days

April 2012

admin — Tue, 03 Apr 2012 21:20:48 +0000

Important! Change of trading settings
From February I’m starting to use the following settings:

Trading time = 06:15 UK time (08:15 Alpari time)
Profit Target = 80 pips
Stop Loss = 80 pips
Break Even = 0 pips
BreakEvenAddPips = 0
UseLongCandleFilter = true

Forex Morning Trade

Live account (Alpari UK)

2nd April – SHORT
Entry: 1.59846
SL: 1.59044
P/L: +80.2 pips

3rd April – NO TRADE
due to open trade from previous days

4th April – SHORT
Entry: 1.58897
SL: 1.58097
P/L: +80 pips

5th April – NO TRADE
due to open trade from previous days

6th April – LONG
Entry: 1.58630
SL: 1.59432
P/L: +80.2 pips

Weekly summary
3 profits
the week ended with 240.4 pips profit.

9th April – NO TRADE
due to open trade from previous days

10th April – NO TRADE
due to open trade from previous days

11th April – NO TRADE
due to open trade from previous days

12th April – NO TRADE
due to open trade from previous days

13th April – SHORT
Entry: 1.59405
SL: 1.58605
P/L: +80 pips

Weekly summary
1 profit
the week ended with 80 pips profit.

16th April – SHORT
Entry: 1.58256
SL: 1.59082
P/L: -82.6 pips

17th April – NO TRADE

18th April – SHORT
Entry: 1.59253
SL: 1.60090
P/L: -83.7 pips

19th April – LONG
Entry: 1.60291
SL: 1.61092
P/L: 80.1 pips

20th April – NO TRADE
due to open trade from previous days

Weekly summary
1 profit, 2 losses
the week ended with -86.3 pips loss.

23th April – SHORT
Entry: 1.61171
SL: 1.61973
P/L: -80.2 pips

24th April – NO TRADE
due to open trade from previous days

25th April – NO TRADE
due to open trade from previous days

26th April – NO TRADE
due to open trade from previous days

27th April – SHORT
Entry: 1.61743
SL: 1.62563
P/L: -82 pips

Weekly summary
2 losses
the week ended with -162.2 pips loss.

30th April – LONG
Entry: 1.62833
SL: 1.62032
P/L: -80.1 pips

Comment on April
The month finished with loss -8.2 pips

March 2012

admin — Mon, 05 Mar 2012 09:34:20 +0000

Important! Change of trading settings
From February I’m starting to use the following settings:

Trading time = 06:15 UK time (07:15 Alpari time)
Profit Target = 80 pips
Stop Loss = 80 pips
Break Even = 0 pips
BreakEvenAddPips = 0
UseLongCandleFilter = true

Forex Morning Trade

Live account (Alpari UK)

1st March – NO TRADE
due to open trade from previous days

2nd March – NO TRADE
due to open trade from previous days

Weekly summary
No trades
the week ended with 0 pips profit.

5th March – SHORT
Entry: 1.58187
SL: 1.57387
P/L: +80 pips

6th March – NO TRADE
due to open trade from previous day

7th March – NO TRADE

8th March – LONG
Entry: 1.57636
SL: 1.56825
P/L: -81.1 pips

9th March – NO TRADE
due to open trade from previous day

Weekly summary
1 profit, 1 loss
the week ended with 1.1 pips loss.

12th March – SHORT
Entry: 1.56646
SL: 1.57452
P/L: -80.6 pips

13th March – NO TRADE
due to open trade from previous day

14th March – SHORT
Entry: 1.56511
SL: 1.57328
P/L: -81.7 pips

15th March – SHORT
Entry: 1.56519
SL: 1.57319
P/L: -80 pips

16th March – LONG
Entry: 1.57143
SL: 1.57949
P/L: +80.6 pips

Weekly summary
1 profit, 3 losses
the week ended with -161.7 pips loss.

19th March – LONG
Entry: 1.58383
SL: 1.59183
P/L: +80 pips

20th March – NO TRADE
due to open trade from previous day

21th March – NO TRADE
due to open trade from previous day

22th March – LONG
Entry: 1.58692
SL: 1.57831
P/L: -86.1 pips

23th March – NO TRADE

Weekly summary
1 profit, 1 loss
the week ended with -6.1 pips loss.

26th March – NO TRADE

27th March – LONG
Entry: 1.59654
SL: 1.58823
P/L: -83.1 pips

28th March – NO TRADE
due to open trade from previous day

29th March – LONG
Entry: 1.59108
SL: 1.59910
P/L: +80.2 pips

30th March – NO TRADE
due to open trade from previous day

Weekly summary
1 profit, 1 loss
the week ended with -2.9 pips loss.

Comment on March
The month finished with loss 169.6 pips

February 2012

admin — Thu, 02 Feb 2012 08:11:25 +0000

Important! Change of trading settings
From February I’m starting to use the following settings:

Trading time = 06:15 UK time (07:15 Alpari time)
Profit Target = 80 pips
Stop Loss = 80 pips
Break Even = 0 pips
BreakEvenAddPips = 0
UseLongCandleFilter = true

I believe that settings with bigger SL/PT will give the system some advantage in these volatile markets.

Forex Morning Trade

Live account (Alpari UK)

1st February – NO TRADE

2nd February – SHORT
Entry: 1.58431
SL: 1.58260
P/L: +17.1 pips
I manually stopped the trade, otherwise it would last untill next day
and a new trade couldn’t be opened

3rd February – LONG
Entry: 1.58258
SL: 1.57400
P/L: -85.8 pips

Weekly summary
1 profit, 1 loss
the week ended with -68.7 pips loss.

6th February – NO TRADE

7th February – NO TRADE

8thFebruary – LONG
Entry: 1.59092
SL: 1.58272
P/L: -82 pips

9th February – NO TRADE

10th February – SHORT
Entry: 1.57932
SL: 1.57130
P/L: +80.2 pips

Weekly summary
1 profit, 1 loss
the week ended with -1.8 pips loss.

13th February – NO TRADE
due to open trade from previous days

14th February – SHORT
Entry: 1.57044
SL: 1.57873
P/L: -82.9 pips

15th February – NO TRADE
due to open trade from previous days

16th February – NO TRADE
due to open trade from previous days

17th February – LONG
Entry: 1.58082
SL: 1.57205
P/L: -87.7 pips

Weekly summary
2 losses
the week ended with -170.6 pips loss.

20th February – NO TRADE
due to open trade from previous days

21st February – NO TRADE
due to open trade from previous days

22nd February – NO TRADE
due to open trade from previous days

23th February – LONG
Entry: 1.56780
SL: 1.57580
P/L: +80 pips

24th February – NO TRADE
due to open trade from previous days

Weekly summary
1 profit
the week ended with +80 pips profit.

27th February – NO TRADE

28th February – NO TRADE

29th February – LONG
Entry: 1.59275
SL: 1.58475
P/L: -80 pips

Comment on February
The month finished with loss 241.1 pips

January 2012

admin — Fri, 20 Jan 2012 08:05:10 +0000

In 2012 I’m starting trading on Monday 16th January, I’m using the these settings:

Trading time = 06:30 UK time (07:30 Alpari time)
Profit Target = 35 pips
Stop Loss = 35 pips
Break Even = 25 pips
BreakEvenAddPips = 5
UseLongCandleFilter = true

Forex Morning Trade

Live account (Alpari UK)

16th January – LONG
Entry: 1.54325
SL: 1.52851
P/L: -35.5 pips

17th January – LONG
Entry: 1.53699
SL: 1.53749
P/L: +5 pips

18th January – SHORT
Entry: 1.53381
SL: 1.53748
P/L: -36.7 pips

19th January – LONG
Entry: 1.54325
SL: 1.54375
P/L: +5 pips

Weekly summary
2 losses, 2 BE
the week ended with -62.2 pips loss.

23st January – LONG
Entry: 1.55501
SL: 1.55551
P/L: +5 pips

24th January – SHORT
Entry: 1.55585
SL: 1.55947
P/L: -36.2 pips

25th January – NO TRADE

26th January – LONG
Entry: 1.56630
SL: 1.56980
P/L: +35 pips

27th January – SHORT
Entry: 1.56710
SL: 1.57060
P/L: -35 pips

1 profit, 2 losses, 1 BE
the week ended with -31.2 pips loss.

30th January – NO TRADE

31st January – LONG
Entry: 1.57398
SL: 1.57748
P/L: +35 pips

Comment on January
Not really good performance, the month finished with loss -58 pips. I’m going to change the EA settings from next month.

December 2011

admin — Tue, 06 Dec 2011 12:16:37 +0000

I’m continuing to trade FMT with these settings:

Trading time = 06:30 UK time (07:30 Alpari time)
Profit Target = 35 pips
Stop Loss = 35 pips
Break Even = 25 pips
BreakEvenAddPips = 5
UseLongCandleFilter = true

Important! I’ll trade FMT only until mid of December, then I’ll take a break until new year.

Forex Morning Trade

Live account (Alpari UK)

1st December – SHORT
Entry: 1.56908
PT: 1.56557
P/L: +35.1 pips

2nd November – SHORT
Entry: 1.56786
PT: 1.57150
P/L: -36.4 pips

Weekly summary
1 profit, 1 loss
the week ended with -1.3 pips loss.

5th December – NO TRADE

6th December – SHORT
Entry: 1.56271
PT: 1.56271
P/L: 0 pip

7th December – NO TRADE

8th December – NO TRADE

9th December – SHORT
Entry: 1.56148
PT: 1.56148
P/L: 0 pip

Weekly summary
2 BE
the week ended with 0 pips loss.

12th December – NO TRADE

13th December – LONG
Entry: 1.56088
PT: 1.55735
P/L: -35.3 pips

14th December – SHORT
Entry: 1.54818
PT: 1.55168
P/L: -35 pips

15th December – SHORT
Entry: 1.54458
PT: 1.54814
P/L: -35.6 pips

16th December – LONG
Entry: 1.55273
PT: 1.55273
P/L: 0 pips

Weekly summary
3 losses, 1 BE
the week ended with -105.9 pips loss.

Comment on December
The month finished with loss -107.2 pips. The market in December is quite unpredictable as we know, so I’m taking a break with trading untill the end of December. I’ll start trade FMT since the new year as usually.

November 2011

admin — Tue, 01 Nov 2011 10:07:24 +0000

Important! Change in trading settings!
This month I’m changing the Forex Morning Trade settings. The new recommended setting are:

Trading time = 06:30 UK time (07:30 Alpari time)
Profit Target = 35 pips
Stop Loss = 35 pips
Break Even = 25 pips
BreakEvenAddPips = 5
UseLongCandleFilter = true

The reason for this step is unsatisfactory results using the previous settings, I really didn’t like the negative SL:PT ratio. The new settings are return to the standard 1:1 ratio and I believe they’ll give the best results in the long term future.

There’s one more change, I switched FMT trading from PFG Best to Alpari UK, but that doesn’t mean I don’t like PFG.
I’m simply making some reorganization of my trading accounts. If you use PFG there’s no reason to switch.

Forex Morning Trade

Live account (Alpari UK)

1st November – SHORT
Entry: 1.6052
PT: 1.6017
P/L: +35 pips

2nd November – LONG
Entry: 1.59949
PT: 1.60499
P/L: +35 pips

3rd November – SHORT
Entry: 1.5894
PT: 1.5949
P/L: -35 pips

4th November – LONG
Entry: 1.60247
PT: 1.59896
P/L: -35.1 pips

Weekly summary
2 profits, 2 losses
the week ended with -0.1 pip loss.

7th November – NO TRADE

8th November – SHORT
Entry: 1.60367
PT: 1.60719
P/L: -35.2 pips

9th November – NO TRADE

10th November – LONG
Entry: 1.59321
PT: 1.58955
P/L: -36.6 pips

11th November – NO TRADE

Weekly summary
2 losses
the week ended with -71.8 pip loss.

14th November – NO TRADE

15th November – SHORT
Entry: 1.58778
PT: 1.59129
P/L: -35.1 pips

16th November – SHORT
Entry: 1.57661
PT: 1.58018
P/L: -35.7 pips

17th November – NO TRADE

18th November – NO TRADE

Weekly summary
2 losses
the week ended with -70.8 pip loss.

21st November – SHORT
Entry: 1.57424
PT: 1.57071
P/L: +35.3 pips

22th November – NO TRADE

23rd November – SHORT
Entry: 1.56156
PT: 1.55788
P/L: +36.8 pips

24th November – SHORT
Entry: 1.55493
PT: 1.55134
P/L: -35.9 pips

25th November – SHORT
Entry: 1.54568
PT: 1.54568
P/L: 0 pips

Weekly summary
2 profits, 1 loss, 1 BE
the week ended with +36.2 pips profit.

28th November – NO TRADE
LongCandleFilter

29th November – NO TRADE

30th November – SHORT
Entry: 1.55787
PT: 1.55435
P/L: 35.2 pips

November result
-72.3 pips

October 2011

admin — Tue, 04 Oct 2011 18:58:17 +0000

I continue trading Forex Morning Trade with standard settings: Trading time = 06:15 UK time, Profit Target = 35, Stop Loss = 45 pips, Break Even = 25 pips, BreakEvenAddPips = 5, UseLongCandleFilter = true.

Forex Morning Trade

Live account (PFG Best)

3rd October – SHORT
Entry: 1.55018
PT: 1.55471
P/L: -45.3 pips

4th October – SHORT
Entry: 1.54460
PT: 1.54110
P/L: +35 pips

5th October – LONG
Entry: 1.54469
PT: 1.54519
P/L: +5 pips

6st October – SHORT
Entry: 1.54140
PT: 1.54591
P/L: -45.1 pips

7th October – NO TRADE
Momentum was >100.8

Weekly summary
1 profit, 2 losses, 1 BE
the week ended with -50.4 pips loss.

10th October – LONG
Entry: 1.56176
PT: 1.556526
P/L: +35 pips

11th October – SHORT
Entry: 1.56284
PT: 1.55936
P/L: +34.8 pips

12th October – SHORT
Entry: 1.55725
PT: 1.56179
P/L: -45.4 pips

13th October – SHORT
Entry: 1.57388
PT: 1.57041
P/L: +34.7 pips

14th October – NO TRADE

Weekly summary
3 profits, 1 loss
the week ended with +59.1 pips profit.

17th October – SHORT
Entry: 1.57951
PT: 1.58402
P/L: -45.1 pips

18th October – LONG
Entry: 1.57981
PT: 1.57658
P/L: -32.3 pips

19th October – LONG
Entry: 1.57471
PT: 1.57516
P/L: +4.5 pips

20th October – SHORT
Entry: 1.57260
PT: 1.57214
P/L: +4.6 pips

21st October – LONG
Entry: 1.58023
PT: 1.57572
P/L: -45.1 pips

Weekly summary
3 losses, 2 BE
the week ended with -113.4 pips loss.

24th October – LONG
Entry: 1.59658
PT: 1.59708
P/L: +5 pips

25th October – NO TRADE

26th October – LONG
Entry: 1.60396
PT: 1.59942
P/L: -45.4 pips

27th October – NO TRADE

28th October – NO TRADE

Weekly summary
1 loss, 1 BE
the week ended with -40.4 pips loss.

31st October – SHORT
Entry: 1.59725
PT: 1.60178
P/L: -45.3 pips

Comment on October results
The worst month this year, we lost 190.4 pips. I’m going to change the system settings from the next month, I really don’t like the negative SL:PT ratio.

September 2011

admin — Thu, 01 Sep 2011 20:19:54 +0000

I continue trading Forex Morning Trade with standard settings: Profit Target = 35, Stop Loss = 45 pips, Break Even = 25 pips, BreakEvenAddPips = 5, UseLongCandleFilter = true.

As of September, I’m stopping trading a Turbo Morning Trade system.
The results proved that the Turbo system doesn’t bring any enhancement to the standard system, so I’m stopping it and moving the money from that account to standard FMT system.

Forex Morning Trade

Live account (PFG Best)

1st September – SHORT
Entry: 1.62356
SL: 1.62326
P/L: +3 pips

2nd September- LONG
Entry: 1.61956
PT: 1.62306
P/L: + 35 pips

Weekly summary
(including 3 days from previous month)
3 profits, 1 loss, 1 BE,
the week ended with +63.4 pips profit.

5th September- SHORT
Entry: 1.61741
PT: 1.61391
P/L: + 35 pips

6th September- SHORT
Entry: 1.60716
PT: 1.61169
P/L: - 45.3 pips

7th September- NO TRADE

8th September- SHORT
Entry: 1.59491
PT: 1.59146
P/L: + 34.5 pips

9th September- SHORT
Entry: 1.59672
PT: 1.59315
P/L: + 35.7 pips

Weekly summary
3 profits, 1 loss
the week ended with +59.9 pips profit.

12th September- NO TRADE
Momentum was < 99.2

13th September – LONG
Entry: 1.58583
SL: 1.58130
P/L: -45.3 pips

14th September- SHORT
Entry: 1.57548
PT: 1.57196
P/L: + 35.2 pips

15th September – SHORT
Entry: 1.57621
SL: 1.57571
P/L: +5 pips

16th September- NO TRADE

Weekly summary
1 profit, 1 loss, 1 BE
the week ended with -5.1 pips loss.

19th September- SHORT
Entry: 1.56987
PT: 1.57439
P/L: - 45.2 pips

20th September- LONG
Entry: 1.56783
PT: 1.57151
P/L: + 36.8 pips

21st September- NO TRADE

22nd September- NO TRADE
Momentum was< 99.2

23rd September- LONG
Entry: 1.54020
PT: 1.54321
P/L: + 30.1 pips

Weekly summary
2 profits, 1 loss
the week ended with +21.7 pips profit.

26th September- SHORT
Entry: 1.54523
PT: 1.54973
P/L: - 45 pips

27th September- LONG
Entry: 1.55785
PT: 1.55333
P/L: - 45.2 pips

28th September- SHORT
Entry: 1.56299
PT: 1.56755
P/L: - 45.6 pips

29th September- NO TRADE

30th September- SHORT
Entry: 1.56028
PT: 1.55675
P/L: +35.3 pips

Weekly summary
1 profit, 2 losses
the week ended with -100.5 pips loss.

Comment on September results
We made only 14 pips this month.

August 2011

admin — Mon, 01 Aug 2011 14:11:55 +0000

I continue trading Forex Morning Trade with standard settings: Profit Target = 35, Stop Loss = 45 pips, Break Even = 25 pips, BreakEvenAddPips = 5, UseLongCandleFilter = true.

Turbo Morning Trade forward test continues with the same values:

FirstProfitTargetPips=35, FirstTargetClosingPercent=50, StopLossPips=45, BreakEvenAtPipsProfit=25, BreakEvenAddPips = 5, SecondProfitExitStrategy=3, TrailingStopPips=20, UseADRFilter = true, UseLongCandleFilter = true

Please note that Turbo Morning Trade uses partial profit, it exits with 50% of the position on PT #1 and then with the rest on PT #2. So the total result in pips for Turbo Morning Trade EA has to be divided by two to get the real results.
It is because if you’d trade with 0.1 lot, first profit will close 0.05 lot which means you’ll earn only half of the pips value.

Forex Morning Trade Live account (PFG Best)	Turbo Morning Trade EA Live account (Alpari UK)
1st August – LONG Entry: 1.64546 SL: 1.64085 P/L: - 46.1 pips	1st August – NO TRADE we avoided loss thanks to ADR filter
2nd August – LONG Entry: 1.63182 SL: 1.62732 P/L: - 45 pips	2nd August – LONG Entry: 1.63178 SL: 1.62728 P/L: - 45 pips
3rd August – SHORT Entry: 1.62675 SL: 1.63125 P/L: - 45 pips	3rd August – SHORT Entry: 1.62680 SL: 1.63130 P/L: - 45 pips
4th August – SHORT Entry: 1.63645 SL: 1.63595 P/L: + 5 pips	4th August – SHORT Entry: 1.63650 SL: 1.63600 P/L: + 5 pips
5th August – SHORT Entry: 1.62613 SL: 1.63063 P/L: - 45 pips	5th August – SHORT Entry: 1.62618 SL: 1.63068 P/L: - 45 pips
Weekly summary 0 profits, 4 losses, 1 BE, the week ended with -176.1 pips loss.	Weekly summary 0 profits, 3 losses, 1 BE, the week ended with -130 pips loss.
8th August – LONG Entry: 1.64114 SL: 1.64460 P/L: + 34.6 pips	8th August – NO TRADE
9th August – NO TRADE Unfortunately Momentum was very close under 100, otherwise it would be profit.	9th August – NO TRADE
10th August – NO TRADE	10th August – NO TRADE
11th August – LONG Entry: 1.61885 SL: 1.61440 P/L: - 44.5 pips	11th August – NO TRADE
12th August – NO TRADE	12th August – NO TRADE
Weekly summary 1 profit, 1 loss, the week ended with -9.9 pips loss.	Weekly summary 0 profits, 0 losses, the week ended with 0 pips.
15th August – LONG Entry: 1.62874 SL: 1.63227 P/L: + 35.3 pips	15th August – No trade
16th August- SHORT Entry: 1.63601 PT: 1.63251 P/L: + 35 pips	16th August- SHORT Entry: 1.63609 PT #1 (50%): 1.63488 : 12.1 pips / 2 PT #2 (50%): 1.63259 : 35 pips / 2 P/L: + 47.1 pips / 2 = 23.55 real pips
17th August – NO TRADE	17th August – NO TRADE
18th August – SHORT Entry: 1.65124 SL: 1.65074 P/L: + 5 pips	18th August – No trade Entry: 1.65132 SL: 1.65082 P/L: + 5 pips
19th August – NO TRADE	19th August – NO TRADE
Weekly summary 2 profits, 1 BE, the week ended with +75.3 pips profit.	Weekly summary 1 profit, 1 BE, the week ended with +28.55 pips profit.
22th August- SHORT Entry: 1.64790 PT: 1.64432 P/L: + 36.8 pips	22th August- SHORT Entry: 1.63609 PT #1 (50%): 1.64788 : 17.5 pips / 2 PT #2 (50%): 1.64788 : 35.7 pips / 2 P/L: + 53.2 pips / 2 = 26.6 real pips
23th August – NO TRADE	23th August – NO TRADE
24th August- SHORT Entry: 1.64907 PT: 1.64557 P/L: + 35 pips	24th August- SHORT Entry: 1.64914 PT #1 (50%): 1.64767 : 14.7 pips / 2 PT #2 (50%): 1.64562 : 35.2 pips / 2 P/L: + 49.9 pips / 2 = 24.95 real pips
25th August- SHORT Entry: 1.63661 PT: 1.63359 P/L: + 30.2 pips	25th August- SHORT Entry: 1.63716 PT: 1.63666: 5 pips P/L: + 5 real pips
26th August – NO TRADE	26th August – NO TRADE
Weekly summary 3 profits, the week ended with +102 pips profit.	Weekly summary 2 profits, 1 BE, the week ended with +55.95 pips profit.
29th August- LONG Entry: 1.63716 PT: 1.64070 P/L: + 35.4 pips	29th August- LONG Entry: 1.63711 PT #1 (50%): 1.63865 : 15.4 pips / 2 PT #2 (50%): 1.64062 : 35.1 pips / 2 P/L: + 50.5 pips / 2 = 25.25 real pips
30th August- SHORT Entry: 1.64027 PT: 1.643677 P/L: + 35 pips	30th August- SHORT Entry: 1.64032 PT #1 (50%): 1.63883 : 14.9 pips / 2 PT #2 (50%): 1.63682 : 35 pips / 2 P/L: + 49.9 pips / 2 = 24.95 real pips
31st August – LONG Entry: 1.63138 SL: 1.62688 P/L: - 45 pips	31st August – LONG Entry: 1.63141 SL: 1.62691 P/L: - 45 pips

Comment on August results
After a disastrous first week the system was able to recover and ended the month with a small profit.
We made only 16 pips, but I’m glad for that, because it looked like a big loss for this month after the first week.

Here we can see how important it is to trade consistently and trust the system despite short term bad results.