My Personal Methods and Goals

• (1) Trade Per Day at 7am M-F
• Default stop will be -5 pips sometimes I may issue a signal for -10 pip stop/loss but not often. (see notes below regarding spreads and stops that may apply to you)

• I use technical analysis along with fundamental analysis.
• Mathematical probabilities and risk/reward management is one of the major keys to my strategy.
  
• I analyze the weekly,daily,4h,1hr,15min,5min charts
• My personal goal is for a consistent average of 400 pips per month.
• 10 year Backtesting of my strategy on an EA provides 0 montly losses and regular montly gains
  
• Only time will tell if live trading prove the same) 
• Typical trades are -5 pips risk to gain 100-300 pips and more. 
• Trading Chat Room times are typically 7am EST time M-F daily
• Keeping in mind that my strategy only backtested at 26% probability, however the infrequent gains are so large compared to the regular losses each month that it produces very nice and regular montly backtesting results for the past 10 years.
• And keep in mind the regular losses produced only a maximum of 115 pips draw down in the past 10 years. This is noted on the backtest as 23 consecutive losses at 5 pips = 115
• That particular month on the backtest also ended the month with large gains over 400 pips with several 200 pips trades
• I have other strategies that are more accurate but produce lower monthly gains then this this one; and also had more inconsistant monthly gains.
• Overall I am very excited about the results,the work and research that went into this strategy with help from my coder; and only live trading will tell.
• Results of live trading may be posted in the near future.

Default 5pip stop/loss on all trades

• Unless otherwise noted in the chat room. If you your platform has a 3 pips fixed spread on the EUR/USD then set your stop to 7 to be safe. You could set as much as 10 also I've backtested my strategy with a 10 pips stop also.

Examples Of Signals You May See at 7am daily

• (buy) = market price or (buy now with 5 pips stop)
• (stop) = 5 pips stop
  
• (close) = stop was hit and see you tomorrow for next trading signal
• Or trade holding see you tomorrow for conclusion and next signal etc. 

Notes:

All trades are for the EUR/USD currency pair only. No other currencies traded at this time

I'm trading on a platform with fixed spread of 1.6 pips so take this into account when reviewing my trading signals. If your platform has a 3 pip spread then use 7 pip stop or up to 10 pips stop if you like. 10 pips stop will produce less profits per month but the ratio and regularity is the same on my EA backtesting so it's your choice.