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15/10/2009 by admin.
Nice run recently for the FX Crossover system with 5 wins out of 6 & 350 pips profit. I’ve adjusted the profit target to 90 pips after back testing showed a number of trades missing their profit target by 1 or 2 pips and then reversing to hit the stop loss.
There are other ways to manage your trades ‘in play’ as it were such as trailing stop losses once the trade has reached a certain profit level - ie change to a 50 pip trailing top loss once the trade had move 50 pips in profit. Or you could close down 1/2 of your stake and let the rest run.
Below is a chart of the recent USD/CAD trade which is still live if you use the method that the system vendors recommend, and is 350 pips in profit.
Trade 44 usd/cad 1st Oct Won +90 pips
Trade 45 gbp/usd 1st Oct Lost -100 pips
Trade 46 usd/cad 5th Oct Won +90 pips
Trade 47 gbp/usd 7th Oct Won +90 pips
Trade 48 gbp/usd 9th Oct Won +90 pips
Trade 49 gbp/usd 13thOctt Won +90 pips
350 pips profit =
New bank £3657
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01/10/2009 by admin.
Quick update on the progress of the FX Crossover system - had a bit of a mixed run in September but still well ahead since the start of the trial though so we’ll keep going and hopefully get on a the same kind of long winning run we’ve had previously with the system. It finished the month strongly, especially the gbp/usd, so hopefully thats the way it’ll continue.
Trade 25 usd /cad - 27th - 31st august - Lost -100pips
Trade 26 gbp /usd - 28th - 31st august - Lost -100pips
Trade 27 gpb /usd - 31st aug - 1st sept - Lost -100pips
Trade 28 usd /cad - 31st aug - 31st aug- Lost -100pips
Trade 29 gpb /usd - 1st - 2nd sept - Lost -100pips
Trade 30 gpb /usd - 2nd - 4th sept - Won +100pips
Trade 31 usd /cad - 2nd - 4th sept - Won +100pips
Trade 32 usd /cad - 9th - 10th sept - Lost -100pips
Trade 33 usd/cad - 14th sept- Lost -100pips
Trade 34 gbp/usd 14th sept Lost -100pips
Trade 35 usd/cad 15th sept Won +100pis
Trade 36 gbp/usd 17th sept Won +100pips
Trade 37 usd/cad 18th sept Lost -71pips
Trade 38 gbp/usd 22nd sept Won +100pips
Trade 39 gbp/usd 22nd sept Won +100pips
Trade 40 usd/cad 23rd sept Won +100pips
Trade 41 gbp/usd 24th sept Won +100pips
Trade 42 usd/cad 28th sept Lost -100pips
Trade 43 gbp/usd 29th sept Won +100pips
So 71 pips down overall in the 4 weeks since the last update but still 1136 pips up since we started the trial.
New bank £3636
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30/08/2009 by admin.
Another winner for the FX Crossover system on the USD/CAD.
Just wanted to add that this is probably the most straightforward easy to operate system there is out there. There are signal services which are more low maintenance but when it comes to actual systems which are yours to keep & operate for as long as you want to, this has got to be easiest to pick up & work around a job.
Buy trade entered on 25th August - 1.0882 @ £1 per pip
Sell trade closed on 26th August - 1.0982 = £100 pip win
New bank £3707
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30/08/2009 by admin.
Another winner from this simple strategy - our bank is up 44% since we started trading the signals on 11th June.
Sell trade entered on 24th August - 1.6399 @ £1 per pip
Sell trade closed on 26th August - 1.6299 = £100 pip win
New bank £3607
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21/08/2009 by admin.
The 100 pips lost yesterday were soon back with another winner on the USD/CAD.
The actual trade is still live and currently if we had stayed in the trade rather than take our 100 pip target we would currently have 185 pips in the bank. But as mentioned before, when the market offers us the pips we should take them. Small consistency is the key to success in the trading world. This also only breeds confidence in our system and stops us from becoming too greedy!
Sell trade entered on 19th August - 1.0950 @ £1 per pip
Sell trade closed on 14th August - 1.0850 = £100 pip win
New bank £3507
A number of our regular viewers have expressed an interest in buying the crossover system, pls could EVERYONE that is interested in this system, email me here so I have a number to go to the crossovere team and see if we can get some special deal. The system is fairly steep in price of £950, but Im sure if drum up enough interest we can get this slashed down quite considerably.
This is a very solid system and suitbale for those who are not able or wanting to watch the markets all day.
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21/08/2009 by admin.
Buy trade entered on 18th August - 1.6513 @ £1 per pip
Buy trade closed on 19th August - 1.6413 = £100 pip loss
New bank £3407
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21/08/2009 by admin.
2 Winners in a row, The ranging markets have made a return.
USD/CAD Winner
Buy trade entered on 14th August - 1.0973 @ £1 per pip
Buy trade closed on 14th August - 1.1073 = £100 pip win
New bank £3407
GBP/USD Winner
Sell trade entered on 17th August - 1.6450 @ £1 per pip
Sell trade closed on 17th August - 1.6350 = £100 pip win
New bank £3507
So in all using this strategy now for the past 2 months, which is the quiter time of year for the markets we have accumalated 1000 pips since the start. Its a brilliant system if you are not wanting to spend too much trading, but like anything your effort will be rewarded if you put the labour in.
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18/08/2009 by admin.
Another small loss on the cable - only 27 pips. Its a lot better than losing 100 pips at a time. The GBP/USD and USD/CAD are most of the time in opposite correlation, hence why we have had 2 small loses on these pairs
Buy trade entered on 13th August - 1.6579 @ £1 per pip
Buy trade closed on 14th August - 1.6552 = £27 pip loss
New bank £3307
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18/08/2009 by admin.
We got very lucky with this small loss - only 15 pips
Sell trade entered on 12th August - 1.0858 @ £1 per pip
Sell trade closed on 14th August - 1.0873 = £15 pip loss
New bank £3334
Hopefully after some consolidation in the markets during the past few weeks, the ranging markets are about to return, which in the end will be very profitable using this simple strategy.
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10/08/2009 by admin.
Winner on FX Croosover for usd/cad.
A number of subscribers have asked if this could be worked around a day job. It could be depending on what level of access to your own emails and texts you have and then if you’re able to place the trade with your broker/spread betting account.
If you have access to those things then it definitely can be worked around a day job. I would there would be between 2 - 4 trades between the 2 currency pairs each taking 5 minutes to place. Its a ‘place and forget’ system so theres no monitoring the trades at all once placed.
If you need any more information let me know.
16th Trade entered on 06th August - BUY entry 1.0818 @ £1 per pip
16th Trade closed on 10th August - exit 1.0918 = £100 WIN
New bank £3349
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