I started January on the right note, closing positions with almost 900 pips profit this week.
January profit so far: 10.12%
TOTAL PROFIT 4,781 PIPS \ 10,054.15 USD
We added more profits last week. Even if it was a bit more swingy then I had expected. We still have open positions at the moment.
We are up to 17.80% profit so far in January.
TOTAL PROFIT 5,502 PIPS \ 11,452.36 USD
Once again, this week we experienced a couple of 5% to 10% swings in equity. The positions haven't reached their designated stop loss levels so we're still waiting patiently for them to take their natural course. Meanwhile we have gained an additional 200 pips profit this week.
We are up to 20.64% profit so far in January.
TOTAL PROFIT 5,700 PIPS \ 11,969.32 USD
The performance chart shows a strong uptrend
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RAS ID: 32822
Daily Profiteer system page is located here.
Daily Profiteer is based on technical analysis: chart patterns, price action patterns and Support / Resistance / Pivot zone breakouts.
All the analysis is done on the 4h and Daily charts. Being predominantly swing trading, positions are held from 12 hours up to even a week if our trades goes as planned.
Stop losses range from 75 to 200 pips, and may go as high as 300 pips if big patterns require it. Open targets depending on the patterns traded. Take this information into consideration when you calculate the size of your positions according to your money management rules and risk aversion.
This system is 100% manually traded.
Performance so far has been as follows:
November 2010: 26.83%
December 2010: 39.95% and this one is still ongoing.
Price: $69.00 per month and this will not change at least for another 6 months.
If your account is:
- less then $1000 I highly recommend trading only in micro lots;
- less then $10,000 I recommend trading mini lots;
- above $50,000 you can start trading standard lots.
Choose lot multiplier 1.
Please allow RAS several days to formally activate the signal.
Thank you and happy holidays![](https://c.mql5.com/forextsd/smiles/smile.png)