I have been testing several Forex trading systems over the past few months, and there is one that has really proven to be a consistent gainer. My trading system, code-named SavvyFx_CableDollar, trades the GBPUSD (as the name implies); SavvyFx_CableDollar has been running since August 26, 2010 and has raked in just over 2300 pips in 28 trading days!
The system scalps the GBPUSD pair repeatedly during market hours, which is nearly 24 hours per day and 5 1/2 days per week. As of the time of this writing, the system has racked up some very impressive statistics:
- Total running time: 28 trading days
- Total pips gained: 2308.5
- Total profit: $1200.29
- Total lots traded: 121.61
- Total gain: 240.03%
- Daily average gain: 5.85%
The trading strategy itself is automated; however, I actively manage the account and select the appropriate position size to grow the account while minimizing the individual trade risk.
Click on the live chart below to view details of trading activity and advanced statistics for this system: