McElhannon Daily Forex Summary for the Self-Trader
Issued at End of Day and/or Early Morning Central U.S. most market days.
A Trading Tool Supplement/A Teaching Forum
| TOTAL RECOMMENDED PROFIT/LOSS, 11/12 to 12/31/2004 |
| USDJPY (Japanese Yen): |
+795 to +1021 pips |
| GBPUSD (British Pound): |
+1621 to +1807 pips |
| AUDUSD (Australian $): |
+500 to +526 pips |
| USDCHF ( Swiss Franc): |
+1037 to +1137 pips |
| TOTAL: |
+3953 to +4491 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS,
01/01 to 01/31/2005
|
| USDJPY: |
+1129 to +1129 pips |
| GBPUSD: |
+956 to +1098 pips |
| AUDUSD: |
+371 to +411 pips |
| USDCHF: |
+747 to +789 pips |
| TOTAL: |
+3203 to +3427 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS,
02/01 to 02/28/2005
|
| USDJPY: |
+298 to +382 pips |
| GBPUSD: |
+425 to +577 pips |
| AUDUSD: |
+184 to +273 pips |
| USDCHF: |
+464 to +539 pips |
| TOTAL: |
+1371 to +1771 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 03/01 to 03/31/2005 |
| USDJPY: |
+215 to +249 pips |
| GBPUSD: |
+278 to +411 pips |
| AUDUSD: |
+116 to +229 pips |
| USDCHF: |
+196 to +320 pips |
| TOTAL: |
+805 to +1209 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 04/01 to 04/30/2005 |
| USDJPY: |
+212 to +317 pips |
| GBPUSD: |
+347 to +447 pips |
| AUDUSD: |
+121 to +161 pips |
| USDCHF: |
+383 to +595 pips |
| TOTAL: |
+1063 to +1520 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 05/01 to 05/31/2005 |
| USDJPY: |
+125 to +175 pips |
| GBPUSD: |
+179 to +259 pips |
| AUDUSD: |
+131 to +151 pips |
| USDCHF: |
+189 to +375 pips |
| TOTAL: |
+624 to +960 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 06/01 to 06/30/2005 |
| USDJPY: |
+394 to +508 pips |
| GBPUSD: |
+272 to +434 pips |
| AUDUSD: |
+274 to +382 pips |
| USDCHF: |
+343 to +403 pips |
| TOTAL: |
+1283 to +1727 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 07/01 to 07/31/2005 |
| USDJPY: |
+016 to +056 pips |
| GBPUSD: |
+215 to +398 pips |
| AUDUSD: |
+130 to +244 pips |
| USDCHF: |
+346 to +524 pips |
| TOTAL: |
+707 to +1222 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 08/01 to 08/31/2005 |
| USDJPY: |
+316 to +546 pips |
| GBPUSD: |
+167 to +217 pips |
| AUDUSD: |
+199 to +300 pips |
| USDCHF: |
+076 to +149 pips |
| TOTAL: |
+758 to +1212 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 09/01 to 09/30/2005 |
| USDJPY: |
+149 to +244 pips |
| GBPUSD: |
+242 to +421 pips |
| AUDUSD: |
+407 to +595 pips |
| USDCHF: |
+330 to +544 pips |
| TOTAL: |
+1128 to +1804 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 10/01 to 10/31/2005 |
| USDJPY: |
+070 to +090 pips |
| GBPUSD: |
+248 to +432 pips |
| AUDUSD: |
+187 to +313 pips |
| USDCHF: |
+404 to +628 pips |
| TOTAL: |
+909 to +1463 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 11/01 to 11/30/2005 |
| USDJPY: |
+020 to +040 pips |
| GBPUSD: |
+056 to +166 pips |
| AUDUSD: |
+060 to +060 pips |
| USDCHF: |
+251 to +396 pips |
| TOTAL: |
+387 to +662 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 12/01 to 12/31/2005 |
| USDJPY: |
+324 to +491 pips |
| GBPUSD: |
+242 to +527 pips |
| AUDUSD: |
+119 to +178 pips |
| USDCHF: |
+271 to +393 pips |
| TOTAL: |
+956 to +1589 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 01/01 to 01/31/2006 |
| USDJPY: |
+204 to +326 pips |
| GBPUSD: |
+494 to +799 pips |
| AUDUSD: |
+277 to +469 pips |
| USDCHF: |
+244 to +474 pips |
| TOTAL: |
+1219 to +2068 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 02/01 to 02/28/2006 |
| USDJPY: |
+349 to +579 pips |
| GBPUSD: |
+307 to +448 pips |
| AUDUSD: |
+153 to +258 pips |
| USDCHF: |
+175 to +219 pips |
| TOTAL: |
+984 to +1504 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 03/01 to 03/31/2006 |
| USDJPY: |
+483 to +760 pips |
| GBPUSD: |
+325 to +627 pips |
| AUDUSD: |
+352 to +554 pips |
| USDCHF: |
+346 to +652 pips |
| TOTAL: |
+1506 to +2593 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 04/01 to 04/30/2006 |
| USDJPY: |
+339 to +439 pips |
| GBPUSD: |
+384 to +684 pips |
| AUDUSD: |
+020 to +020 pips |
| USDCHF: |
+305 to +548 pips |
| TOTAL: |
+1048 to +1691 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 05/01 to 05/31/2006 |
| USDJPY: |
+588 to +934 pips |
| GBPUSD: |
+823 to +1407 pips |
| AUDUSD: |
+197 to +300 pips |
| USDCHF: |
+252 to +415 pips |
| TOTAL: |
+1860 to +3056 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 06/01 to 06/30/2006 |
| USDJPY: |
+547 to +835 pips |
| GBPUSD: |
+1022 to +1512 pips |
| AUDUSD: |
+326 to +426 pips |
| USDCHF: |
+572 to +956 pips |
| TOTAL: |
+2467 to +3729 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 07/01 to 07/31/2006 |
| USDJPY: |
+652 to +1084 pips |
| GBPUSD: |
+449 to +849 pips |
| AUDUSD: |
+353 to +601 pips |
| USDCHF: |
+510 to +859 pips |
| TOTAL: |
+1964 to +3393 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 08/01 to 08/31/2006 |
| USDJPY: |
+374 to +618 pips |
| GBPUSD: |
+325 to +518 pips |
| AUDUSD: |
+446 to +589 pips |
| USDCHF: |
+446 to +613 pips |
| TOTAL: |
+1591 to +2338 PIPS |
| TOTAL RECOMMENDED PROFIT/LOSS, 09/01 to 09/30/2006 |
| USDJPY: |
+456 to +653 pips |
| GBPUSD: |
+467 to +898 pips |
| AUDUSD: |
+162 to +262 pips |
| USDCHF: |
+345 to +511 pips |
| TOTAL: |
+1430 to +2324 PIPS |
11/12/2004 to 09/30/2006 trading 2 contracts of ONLY
the British Pound Forex = +9,844 to +14,996 pips
At $10 per pip average value = $98,440 to $149,960 potential profit
77.07% Winners from 314 trades
AGGRESSIVE DAILY DISCIPLINE FOR THE FOREX SELF-TRADER
As always, past performance is not necessarily indicative of future results. Substantial risk is involved. Read our disclaimers and descriptive information before committing funds. All orders must be entered by the service subscriber for their individual use and at their own risk.
| 17 trades |
Max RU: 1807 |
82.35% winners |
| 14 wins, 3 losses |
Max DD:
(-76) |
|
| 12 trades |
Max RU: 1098 |
83.33% winners |
| 10 wins, 2 losses |
Max DD: Zero |
|
| 16 trades |
Max RU: 577 |
62.50% winners |
| 10 wins, 6 losses |
Max DD:
Zero |
|
| 13 trades |
Max RU: 411 |
61.53% winners |
| 8 wins, 5 losses |
Max DD: (-80) |
|
| 8 trades |
Max RU: 447 |
87.50% winners |
| 7 wins, 1 loss |
Max DD: Zero |
|
| 10 trades |
Max RU: 259 |
60.00% winners |
| 6 wins, 4 losses |
Max DD: Zero |
|
| EU Constitution Vote, so no trades 5/26 through 5/31/2005 |
| 16 trades |
Max RU: 434 |
62.50% winners |
| 10 wins, 6 losses |
Max DD: (-60) |
|
| 10 trades |
Max RU: 398 |
80.00% winners |
| 8 wins, 2 losses |
Max DD: (-20) |
|
| 8 trades |
Max RU: 217 |
62.50% winners |
| 5 wins, 3 losses |
Max DD: (-40) |
|
| 10 trades |
Max RU: 441 |
70.00% winners |
| 7 wins, 3 losses |
Max DD: (-40) |
|
| 13 trades |
Max RU: 472 |
69.23% winners |
| 9 wins, 4 losses |
Max DD: (-20) |
|
| 5 trades |
Max RU: 186 |
60.00% winners |
| 3 wins, 2 losses |
Max DD: (-40) |
|
| 10 trades |
Max RU: 527 |
70.00% winners |
| 7 wins, 3 losses |
Max DD: (-0) |
|
| 18 trades |
Max RU: 799 |
61.11% winners |
| 11 wins, 7 losses |
Max DD: (-0) |
|
| 16 trades |
Max RU: 448 |
75.00% winners |
| 12 wins, 4 losses |
Max DD: (-0) |
|
| 16 trades |
Max RU: 627 |
93.75% winners |
| 15 wins, 1 loss |
Max DD: (-0) |
|
| 14 trades |
Max RU: 684 |
85.71% winners |
| 12 wins, 2 losses |
Max DD: (-0) |
|
| 18 trades |
Max RU: 1407 |
88.88% winners |
| 16 wins, 2 losses |
Max DD: (-0) |
|
| 30 trades |
Max RU: 1512 |
93.33% winners |
| 28 wins, 2 losses |
Max DD: (-0) |
|
| 18 trades |
Max RU: 849 |
83.33% winners |
| 15 wins, 3 losses |
Max DD: (-0) |
|
| 15 trades |
Max RU: 518 |
80.00% winners |
| 12 wins, 3 losses |
Max DD: (-20) |
|
| 21 trades |
Max RU: 898 |
80.95% winners |
| 17 wins, 4 losses |
Max DD: (-20) |
|
Past performance is not necessarily indicative of future results.
Substantial risk is involved. Read our disclaimers.
More information at mceltexas@yahoo.com OR 512-715-9191
Risk Warning Disclosure
RISKS OF FOREX TRADING
Trading in foreign exchange is speculative and may involve the loss of principal; therefore, assets placed under management should be risk capital funds that if lost will not significantly affect one’s personal financial well being. This is not a solicitation to invest and you should carefully consider your financial situation as to the suitability to your situation prior to making any investment or entering into any transaction.
PAST PERFORMANCE
Past performance is not indicative of future results, as returns may vary according to market conditions. Forex trading involves substantial risk.
The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with Forex trading. Should you decide to trade any or all of these systems’ signals, it is your decision.
No representation is being made that following a system’s suggested signals will necessarily lead to profit. Investors may incur a series of consecutive losses and substantial equity-draw-downs that can deplete their assets before the occurrence of any meaningful profit accumulation.
Please take note that all the figures shown herein (unless otherwise noted) represent a computer back-test of trading systems-logic and NOT an actual trading record.
HYPOTHETICAL PERFORMANCE
Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.
One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
