ilmscore | Good trading strategies ( Forex review 4/11 - 6/3 )

Predictions from this Video

Total: 51
Correct: 0
Incorrect: 0
Pending: 51
Unrated: 0
Prediction
Topic
Status
Free Weekly Newsletter and butterfly pattern tutorial will be available via email after signing up on the website.
"I do have a landing page available where you can go type in your name and email and you'll be receiving a free Weekly Newsletter and also if you're interested in learning how to trade the butterfly pattern then once you sign up you'll be receiving a welcome email that will contain a link to the free butterfly pattern tutorial"
Forex Trading Strategies
Pending
The free weekly newsletter will include major forex pair screenshots, analysis of key structural levels, and trading opportunities.
"free Weekly Newsletter that will consist of a screenshot of one of the major Pairs and detailed analysis about key levels of structure and opportunities that I plan to take advantage of throughout the week"
Forex Trading Strategies
Pending
The creator typically reviews the performance of their trading strategies on a weekly basis.
"I normally do a video like this about once a week where I go through the markets and show you how the strategies that I teach here on YouTube have performed since my last video"
Forex Trading
Pending
Trades taken on the Euro/Dollar hourly chart since April 11th will be reviewed.
"I've went ahead and took the liberty to point out all the trades that I took here on the euro dollar on the hourly chart since our last review video which was on 411 April the 11th"
Euro Dollar
Pending
A 786 strategy trade on Euro/Dollar resulted in a 38 pip loss.
"we have a 786 trade and this trade lost 38 Pips"
Euro Dollar
Pending
A trade on Euro/Dollar resulted in a 74 pip gain.
"we did win about 74 Pips on that trade"
Euro Dollar
Pending
A 786 strategy trade on Euro/Dollar resulted in a 40 pip loss.
"another loss of 40 on a 786 strategy"
Euro Dollar
Pending
A Euro/Dollar trade using a 786 retracement strategy captured 43 pips.
"take a 786 retracement from our previous swing low up to our new swing high buying the 786 right here and and riding it up to previous structure in order to hit targets of 43 Pips"
Euro Dollar
Pending
A simple pattern trade on Euro/Dollar involving an ascending triangle breakout yielded approximately 50 pips.
"we had a simple pattern trade here Market is in an extremely bullish Trend as you can see and we put in a nice ascending triangle here we bought this breakout with this candle here and rode that up to about here for around 50 Pips"
Euro Dollar
Pending
A simple pattern trade on Euro/Dollar, identified as a flag pattern, resulted in a 45 pip profit.
"another simple pattern trade as you can see here Market pressing down pretty strongly and then putting in this nice looking little flag pattern here before breaking out to the downside and banking in around 45 Pips in profit for us"
Euro Dollar
Pending
A successful 786 strategy trade on Euro/Dollar resulted in a 38 pip gain.
"we had a successful 786 trade pulling from this swing High down to this swing low not quite being stopped out our stop loss was about 20 Pips Above This previous swing High here and because of that we were not stopped out of the trade and instead we made 38 Pips on that rade"
Euro Dollar
Pending
A 786 strategy trade on Euro/Dollar, following a break of structure to the downside, captured 74 pips.
"another 786 trade as you can see we've continued to break structure to the downside here breaking below our previous swing low obviously once we do that if you've seen any of my previous videos and you're probably starting to get the idea now from watching this one once we have that I start to look for a 786 retracement we got that right here and I rode it all the way down to our previous structure level here taking in a target of 74 Pips"
Euro Dollar
Pending
An advanced pattern (Gartley) trade on Euro/Dollar yielded a 36 pip profit, prioritized over a 786 strategy.
"nice looking gartly pattern right here that came in right after our 786 strategy win and the way I handled this situation because what you could be thinking right now is well why didn't you take this as a 786 pattern because you broke structure to the downside yes we did but anytime I have the opportunity to take advantage of an advanced pattern I always choose the advanced pattern over the 786 strategy as you can see profit of 36 Pips off of that move there"
Euro Dollar
Pending
The Dollar/Yen pair generated approximately 30 pips in profit over two months.
"we only banked in about 30 Pips in two months off this pair"
Dollar Yen
Pending
A Bat pattern on Dollar/Yen was stopped out, followed by a 786 strategy trade that resulted in a 38 pip loss.
"put in a nice bat pattern that was stopped out and then directly after that pretty rough April for the dollar Yen right after that minus 38 on the 786 trade that you see here pulling from our swing low to swing high after the break of this resistance level"
Dollar Yen
Pending
A 786 strategy trade on Dollar/Yen resulted in a 60 pip loss due to a predicted continuation of the downward direction which did not materialize.
"prediction I lost 60 Pips on a 786 pattern from here down to our swing low"
Dollar Yen
Pending
A flag pattern trade on Dollar/Yen after an impulsive move up resulted in a 55 pip profit.
"put in a nice flag pattern that we were able to profit from for about 55 Pips after this very large impulsive move up started looking for a brief area of Correction or consolidation which we got right here in the breakout there did not quite get stopped out before moving up and hitting our targets"
Dollar Yen
Pending
A triangle pattern breakout on Dollar/Yen to the downside resulted in a 78 pip profit.
"where we get this nice triangle and break out of it to the downside for a positive 78 Pips"
Dollar Yen
Pending
A 786 strategy trade on Dollar/Yen, expecting a downtrend continuation, was quickly stopped out.
"expecting the continuation of this downtrend we did try our hand at a 786 pattern from here going from our swing High to our swing low entering right here and being blown out of the water stopped out on that trade very quickly"
Dollar Yen
Pending
A triangle pattern breakout on Dollar/Yen generated 60 pips in profit.
"triangle that we broke out of and managed to make 60 Pips off of"
Dollar Yen
Pending
A 786 retracement strategy on Dollar/Yen, following a break of resistance, hit targets at previous highs.
"we pull a 786 retracement from the swing low up to our swing high and we came down as you can see touched our 786 tested previous support and pushed up eventually hitting our targets up here at our previous highs"
Dollar Yen
Pending
A trade on Dollar/Yen after a break of resistance resulted in a 37 pip loss due to a failure of the expected upward trend continuation.
"minus 37 here after the break of resistance and no continuation of this upward Trend like we were expecting instead we pressed down and broke through support"
Dollar Yen
Pending
A Gartley pattern trade on Dollar/Yen resulted in a stop out.
"then we were looking at this gartly pattern here which came in as the market started to consolidate and as you can see blown out of the water and stopped out on that trade as well"
Dollar Yen
Pending
A flag pattern breakout trade on Dollar/Yen after an impulsive move up resulted in a 60 pip loss.
"minus 60 here after the impulsive move up and flag pattern breakout that did not quite go our way"
Dollar Yen
Pending
A triangle pattern breakout on Dollar/Yen resulted in a 60 pip gain, offsetting a previous loss.
"plus 60 here canceling out our previous trade after the market came down impulsively and put in this nice little triangle here that we eventually broke out of"
Dollar Yen
Pending
A 786 strategy trade on Pound/Dollar, following a break of resistance, resulted in a 45 pip loss due to a failure of the expected upward continuation.
"we lost on a 786 trade and you can probably take a guess on why we were trading this nice break of resistance here so we expected the market to after breaking this resistance come down get close to a 786 retracement continue up that did not quite happen instead we came down and pressed down even lower stopping us out for - 45 Pips"
Pound Dollar
Pending
A Gartley pattern trade on Pound/Dollar resulted in a 27 pip loss.
"then we ran into this gartly pattern which also stopped us out for - 27"
Pound Dollar
Pending
A Gartley pattern trade on Pound/Dollar resulted in a 60 pip gain.
"next up we ran into a nice gartly pattern for a positive 60"
Pound Dollar
Pending
A 786 strategy trade on Pound/Dollar, following a break of structure to the upside and aligning with the uptrend, resulted in nearly 100 pips of profit.
"and then a nice 786 pattern again you can see that we broke structure to the upside with this here and if we are also with the underlying Trend which is up pulling from swing low up to swing High making a 786 retracement right here and eventually coming up pressing up and hitting targets for almost a 100 Pips"
Pound Dollar
Pending
A triangle pattern breakout on Pound/Dollar following an impulsive move up yielded 88 pips.
"and then we have this nice impulsive move up here followed by a triangle pattern that broke out to the upside and gave us a positive 88 Pips"
Pound Dollar
Pending
A potential 88 pip profitable trade on Pound/Dollar was missed due to trading time constraints.
"this is a trade I could not take advantage of because of the time of day"
Pound Dollar
Pending
A 786 retracement strategy on Pound/Dollar, following a break of resistance, resulted in a 133 pip gain.
"we've now broken through resistance here so what do we do we pull from our swing low up to our swing High we hit this 78 86 retracement right here and move on up to targets for 133 pip gain"
Pound Dollar
Pending
A Pound/Dollar trade, attempting a 786 strategy, resulted in a 45 pip loss.
"and then of course we try it here with not quite as much luck pulling from our swing low down here up to our swing high and losing about 45 Pips on that trade"
Pound Dollar
Pending
A 786 strategy trade on Pound/Dollar, following a break of support, resulted in a 121 pip gain.
"breaking through previous support here because of that we're taking a retracement from swing High down to swing low looking for this 786 right here for a positive 121 pip trade"
Pound Dollar
Pending
A 786 strategy trade on Pound/Dollar, following a break of support, resulted in a 62 pip loss.
"again we try the same thing after this break of support right here oops right in here trying the 786 strategy again and losing 62 Pips on that trade"
Pound Dollar
Pending
A flag pattern trade on Pound/Dollar, after an impulsive move, resulted in a 120 pip loss.
"here was a very big loss of 120 Pips trying the simple pattern flag pattern here after a big impulsive move to to the upside looking for this correction and then a breakout back to the upside and we got a small breakout to the upside but not quite what I was looking for missing my targets and eventually coming down to stop me out for 120 pip loss"
Pound Dollar
Pending
A 786 strategy trade on Pound/Dollar, involving a break of structure and lower highs, resulted in a 44 pip loss.
"here we had a 786 pattern that faed and you can see while I was involved in this breaking below this structure level breaking below this structure level lower highs here and pulling down to our swing low to be stopped out for 4 4 Pips on the 786 pattern"
Pound Dollar
Pending
A 786 strategy trade on Pound/Dollar, following a break of resistance, resulted in a successful trade with targets at previous highs.
"and now a successful 786 pattern after the break of the resistance level pulling from swing low to swing High catching the 786 right here not being stopped out by these candles and eventually pressing up to hit targets at previous highs"
Pound Dollar
Pending
A flag pattern trade on Pound/Dollar, following an impulsive move, yielded 59 pips.
"and what do we look for after impulsive moves like this simple patterns like this flag here waiting for the Breakout and then selling the breakout in order to profit about 59 Pips from that trade"
Pound Dollar
Pending
A recent 786 strategy trade on Pound/Dollar resulted in a 45 pip loss.
"and most recently we lost 45 Pips trying a 786 pattern on the pound dollar"
Pound Dollar
Pending
Total pip gains over the last two months: Euro/Dollar 282, Dollar/Yen 31, Pound/Dollar 289, Euro/Aussie -23, Aussie/CAD 139, for a total of 718 pips.
"since April we've made 282 Pips here on the euro dollar 31 Pips on the dollar Yen not so good for the dollar Yen 289 on the pound dollar that's pretty good a loss of 23 the Euro Aussie performed pretty badly and a win of 139 Pips in the last two months on the Aussie CAD totaling 718 Pips over the last two months"
Forex Trading Performance
Pending
Historically, the trading strategies have achieved a 55% win rate with an average loss of 54 pips and an average win of 67 pips, resulting in a 1.25 risk-reward ratio.
"98 winning trades 79 losing trades giving us a winning percentage of 55% our average average loss in Pips was 54 Pips our average win was 67 giving us a risk reward of about 1.25"
Forex Trading Strategies
Pending
Over a period from November 2015 to April 2016, the strategies accumulated 1,853 pips.
"with a 1.25 risk reward and only winning 55% of the time we managed to accumulate 1,853 Pips from the month of November of 2015 until April of 2016"
Forex Trading Performance
Pending
The trading strategies have experienced periods of drawdown, with the largest lasting approximately six weeks from January 21st to March 4th.
"we have put in in a couple of periods of draw down if you missed those videos make sure to check them out but right here was our biggest period of draw down that happened from January the 21st all the way to March the 4th so that was about six weeks of draw down"
Forex Trading Strategies
Pending
Drawdown periods in trading can result in making no money for several weeks to a couple of months.
"sometimes during these months of draw down like you see here in the black box and like you see here in this black box sometimes during those periods you make absolutely no money and they can last anywhere from a couple of weeks to a couple of months"
Forex Trading
Pending
In the second week of April, the trading strategies led to an increased period of drawdown.
"since April the second week of April here the strategy performed like this putting us into even further into a period of draw down"
Forex Trading Strategies
Pending
In the third week of April, the strategies broke above 2,000 pips and reached new equity highs.
"next week the third week in April came in like this breaking above 2,000 Pips putting us into new Equity highs"
Forex Trading Strategies
Pending
In the first week of May, the strategies pushed close to 2,500 pips, with minor drawdowns encountered.
"the first week of May put us up close to 2500 Pips continuously moving up but at the same time as you can see in here we are having a difficult time moving up putting in a few little draw Downs here and there but nothing to be too concerned about"
Forex Trading Strategies
Pending
Since May 12th, the trading strategies have not achieved new equity highs, despite reaching above 2,500 pips.
"next we move down to our highest point of our Equity curve just above 2500 Pips which was obviously very exciting but unfortunately since then in since May the 12th we have been unable to put in any new Equity highs"
Forex Trading Strategies
Pending
For two weeks in May, the trading strategies showed sideways consolidation on the equity curve, indicating no profit generation.
"the third week in May looking like this just consolidation as you can see the fourth week in May looking like this as you can see still just consolidating going on two weeks now of absolutely no paycheck Equity curve just going sideways not making any money whatsoever"
Forex Trading Strategies
Pending
In the first week of June, the trading strategies experienced a slight rise above equity highs but remained in consolidation, just above 2,500 pips.
"and finally the first week in June we barely came above our Equity highs here I moov the box out of the way this little Spike here barely came above our Equity Highs but still not really out of draw down as you can see still just consolidating sideways right above 25 200 Pips"
Forex Trading Strategies
Pending