Ok got 1000 pips on this from the link below so am going to try to do it again, I am also going to post here signals for GBPJPY (I have 8 pip spread and will give appropriate bid/offer prices), these will have only one SAR after entry and then just stops and targets, which from backtesting have had good results but one caveat there can be a fairly large drawdowns as we use 5 lots (or part lots or whatever) for trades anyway we will just have to see, I will keep as seperate set of data (i.e orders, results) here below the GBPUSD ones...
http://www.moneytec.com/forums/showthread.php?t=15820
Now the original spiel for the GBPUSD system :-
I am going to post trade signals for a month to see if a system which has been historically successful (backtesting) can get 1000 pips (via multiple lots) in the next few weeks trading only the GBPUSD pair. The basic details for using the system are:
1) Will use 4 lots (or units) per trade to start with.
2) Will use stops AND occasionally can use SAR (stop and reverse) trades.
3) Calls may well be either order entries in advance or on occasion real-time.
4) Most calls will be just after 00:00 BST then during the day if the order is filled there may be some calls for a SAR based on the level stated at 00:00
5) Lots in positions will be normally be closed at different intervals (obviously if we managed 250 pips straight off * 4 lots we would do the 1000 pips very quickly but the system has to mathematically close partial positions so this wont happen).
6) Once order taken the first three TPs will be +70, +85 and +100, as soon as first TP is hit at +70 a stop will be put on at b/e for any remaining lots.
7) On quite a number of days the price will not hit the entry order, this is to be expected.
8) I have a three pip spread on GBPUSD and order levels given will be the appropriate bid / offer price.
Days Traded : 43
GBPUSD
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Total Pips : +2247
Current Position :
Order :
Stops :
Limits (TP in pips) :
************************************************** *******
*************** Below test signals are now closed ****************
************************************************** *******
GBPJPY - test signals
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Total Pips : -1321
Current Position : Short 5 lots from 197.81
Order :
Stops : 200.53
Limits (TP in pips or price) : 193.10
************** Have Added DOW CFD/Spreadbet levels ***********
DOW - test signals (closed test)
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Total Pips : +39
Current Position :
Order :
Stops :
Limits (TP in pips) :
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