Warning: Trades posted are not to be interpreted as 'signals' but for learning purposes only. Please read our disclaimer here http://www.nobrainertrades.com/p/disclaimer.html and here http://www.nobrainertrades.com/search/label/About for more information.

Forex trading involves substantial risk of loss and is not suitable for all investors.

PERFORMANCE, BLOG + THREAD - last updated 5/14/08 - 7/2/09
Pending trades can be found here: http://www.nobrainertrades.com/search/label/Pending%20Trades

Total pips = +6,185 (50 trades - average +123.7 pips per trade)

5/14/08 USD/CAD 0.9986 Long Max Drawdown (pips) -16 Max Pips +80
5/14/08 AUD/USD 0.929 Long Max Drawdown (pips) 0 Max Pips +250
5/14/08 EUR/JPY 162.9 Short Max Drawdown (pips) -4 Max Pips +164
5/16/08 AUD/USD 0.9471 Short Max Drawdown (pips) -4 Max Pips +30
5/16/08 AUD/USD 0.95 Short Max Drawdown (pips) -18 Max Pips +20
5/16/08 USD/JPY 104.04 Long Max Drawdown (pips) -1 Max Pips +21
5/18/08 NZD/USD 0.7745 Short Max Drawdown (pips) -3 Max Pips +39
5/19/08 USD/CAD 0.993 Long Max Drawdown (pips) -4 Max Pips +19
5/21/08 EUR/USD 1.5685 Short Max Drawdown (pips) 0 Max Pips +55
5/22/08 USD/JPY 102.74 Long Max Drawdown (pips) -1 Max Pips +250
5/22/08 AUD/USD 0.9648 Short Max Drawdown (pips) -5 Max Pips +250
5/27/08 EUR/JPY 164.8 Short Max Drawdown (pips) -8 Max Pips +169
5/29/08 EUR/USD 1.5632 Long Max Drawdown (pips) -23 Max Pips +37
5/29/08 USD/CHF 1.0424 Short Max Drawdown (pips) 0 Max Pips +65
5/29/08 EUR/USD 1.5547 Long Max Drawdown (pips) -2 Max Pips +41
5/29/08 USD/JPY 1.0437 Long Max Drawdown (pips) -8 Max Pips +15
6/4/08 USD/JPY 104.66 Long Max Drawdown (pips) -12 Max Pips +176
6/4/08 EUR/USD 1.548 Short Max Drawdown (pips) -3 Max Pips +96
6/5/08 EUR/USD 1.5365 Long Max Drawdown (pips) -2 Max Pips +250
6/5/08 USD/CHF 1.017 Long Max Drawdown (pips) -23 Max Pips +250
6/9/08 EUR/USD 1.584 Short Max Drawdown (pips) -1 Max Pips +250
6/10/08 EUR/USD 1.5484 Long Max Drawdown (pips) -1 Max Pips +51
*7/7/08 USD/JPY 107.73 Short Max Drawdown (pips) -2 Max Pips +250
7/8/08 USD/JPY 106.42 Long Max Drawdown (pips) -17 Max Pips +123
7/8/08 AUD/USD 0.9501 Long Max Drawdown (pips) -25 Max Pips +250
7/15/08 EUR/USD 1.6000 Short Max Drawdown (pips) -37 Max Pips +250
7/15/08 USD/CHF 1.0021 Long Max Drawdown (pips) -10 Max Pips +250
7/16/08 GBP/USD 1.9960 Long Max Drawdown (pips) -1 Max Pips +112
7/16/08 EUR/USD 1.5800 Long Max Drawdown (pips) -17 Max Pips +143
7/22/08 USD/CHF 1.0136 Long Max Drawdown (pips) 0 Max Pips +250
7/23/08 AUD/USD 0.9668 Long Max Drawdown (pips) -1 Max Pips +19
7/23/08 EUR/JPY 165.95 Short Max Drawdown (pips) 0 Max Pips +250
7/23/08 USD/CHF 1.0392 Short Max Drawdown (pips) -15 Max Pips +77
7/29/08 GBP/USD 1.9800 Long Max Drawdown (pips) -39 Max Pips +42
7/31/08 USD/JPY 108.35 Short Max Drawdown (pips) -3 Max Pips +106
8/04/08 USD/CAD 1.0319 Short Max Drawdown (pips) -40 Max Pips 0
8/06/08 USD/CAD 1.0460 Short Max Drawdown (pips) -16 Max Pips +11
8/21/08 USD/JPY 108.40 Long Max Drawdown (pips) -27 Max Pips +188
8/21/08 NZD/USD .7216 Short Max Drawdown (pips) -1 Max Pips +250
9/29/08 USD/CHF 1.1050 Short Max Drawdown (pips) -39 Max Pips +232
9/30/08 EUR/USD 1.4256 Long Max Drawdown (pips) -19 Max Pips +15
10/6/08 GBP/USD 1.7430 Long Max Drawdown (pips) -40 Max Pips 0
10/28/08 USD/JPY 95.90 Short Max Drawdown (pips) -8 Max Pips +167
4/19/09 EUR/USD 1.2995 Long Max Drawdown (pips) -29 Max Pips +23
5/20/09 EUR/JPY 129.85 Long Max Drawdown (pips) -14 Max Pips +250
5/29/09 AUD/USD 0.7925 Short Max Drawdown (pips) -17 Max Pips +32
6/15/09 GBP/USD 1.6245 Long Max Drawdown (pips) -35 Max Pips +250
6/22/2009 USD/CAD 1.1470 Short Max Drawdown (pips) -40 Max Pips 0
7/2/2009 EUR/CHF 1.5182 Long Max Drawdown (pips) -9 Max Pips +67

Past performance is not indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trading performance displayed herein is hypothetical. Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance trading results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.

Notes: All trades on this list posted before they occurred and are the "official" posted trades only. I did not post stop losses or static take profits for any of the trades, as market conditions change all the time and our rules for trade management dictates that partial profits be taken regularly at certain market obstacles. Before you continue, I encourage you to read through the material on this topic in order to avoid any confusion in regards to our method. Entry levels posted above are based on my personal entries but fit within the framework of what was discussed in regard to each one as they occurred. A static stop loss of -40 pips and maximum pips profited at +250 pips is assumed on all of these trades. Spreads are not taken into account for any of these trades as they vary from broker to broker, and trades were either entered or avoided in accordance with our rules. The “max drawdown” column is the maximum number of pips each trade went negative before reaching the number in the “max pips” column. The "max pips" column is the maximum number of pips each trade produced before getting stopped out at a -40 pip stop loss. Trades and other information posted here are for discussion purposes only! We help each other! Enjoy!

2 comments

Anonymous said... @ October 15, 2008 at 2:01 PM EST

Very good trading! And thank you very much for all the information here.

Anonymous said... @ April 3, 2009 at 11:29 PM EST

hello steve,
i noticed you focus in many pairs.do you mark all your favourites currencies and wait until it stack against you? or you put entry orders?

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