Posts

Short EURUSD

A short signal on EURUSD, stop at fractal.

EURUSD short

EURUSD short

Trade setup on AUDNZD

Going short, a trade setup on AUDNZD has appeared, trend is down, price is below cloud, Kijun and EMA trending down, stop loss at previous fractal, low risk 0.9%.

AUDNZD short

AUDNZD short

A review of 2015 performance : +33%

Well the time has come to look back at 2015 performance and analyze the year.

First of all a huge satisfaction because this is my first winning year, standing at +33%, with five winning months and two losers. I only traded 7 months this year since I had a move that took me out of markets from July to October.

Monthly verified performance

Monthly verified performance

So the first thing I can say is that the system I trade (explained here) is capable of producing good returns. I have stuck to it for the whole year, and as shown in the stats below my risk management is probably the single most important element of the year with a R:R standing at 1.9 (my average gain was close to twice my average loss).

MyFxbook verified statistics

MyFxbook verified statistics

My win / loss ratio stands at 43% which is actually quite good, since when you combine it with strict money management the maths just play out.

I have to say that this blog has helped me tremendously since it has given me discipline. By publishing absolutely all of my trades, I am open and transparent on my performance and therefore if I want things to be consistent I cannot step out of line from the system I trade. So before I go into any further analysis I would say this year’s gain is due to three main things:

  1. A good system that works
  2. Discipline in trading the system, no fooling around with other systems
  3. Strict money management

My drawdown has not exceed 10%, my average risk per trade as never gone much further than 1% per trade, and looking at individual trades in a little more detail 18% of my trades generated 85% of the profit, which is way better than Pareto’s law….

Success in trading always goes by the same rules :

  • Keep risk at a minimum. Your most precious asset is your capital, preserve it.
  • A few good trades will make the year, make sure you play them out and manage to keep cool in drawdowns

Merry Christmas everyone and see you in 2016, let’s see if we can improve on these results.

Short signal on EUR/NZD

Just got a short signal on my 4 hour chart of the EUR/NZD. Price below cloud, Kijun and 21 EMA sloping down. Latest fractal enables f or a tight stop. Go short.

eurnzd entry

eurnzd entry

May performance : +10,45%

Time to close the books. May trading is over and once again my strategy has delivered solid results. Up 10,45% with 11 trades and 81% win ratio. Risk level has remained low. Performance verified by Myfxboox, +42,68% in 4 months.