3 Little Pigs MTF Trading Strategy - January 2016 Review - 24-Jan-16 - 528x218

3 Little Pigs MTF Trading Strategy – January 2016 Review

I know it’s a little early to do a January review.  But, next week – I intend to focus on another subject of interest to all of us.

The results here are based on the preferred Entry defined in the FREE 3 Little Pigs MTF Trading Strategy eBook.  The Exit is as taught on the 3 Little Pigs & NITTS 1 on 1.  Although the 1 On 1 is no longer available the exact Exit strategy I use will be covered in the 3 Little Pigs Fast Track Video Course – The intention is to have this course ready in Q2 2016 as part of the comprehensive Forex Useful Pro Membership package.

The 3 Little Pigs MT4 Scanner, also included in the package, is of course, available to Pro Members NOW!

January 2016 Review

This is the “Strategy Expectations” section from the FREE eBook mentioned above…

Strategy Expectations

The Instruments

Due to the low spread, good liquidity, movement and some diversity I favour the following 8 Currency pairs…

AUDUSD, EURGBP, EURJPY, EURUSD, GBPUSD, USDCAD, USDCHF and USDJPY

Risk Per Trade

1% risk per trade thus a maximum market risk of 8% at any one time is an acceptable level for me.

Realistic Potential

An average 5% per month is the target (perhaps 3% a month in a bad year, 7% a month in a good year).

It will probably look something like this:

  • 6 – 8 months, Up a bit, down a bit (+2% / -2% / Break-even)
  • 2 – 3 months, Down over 5% or more
  • 2 – 3 months, Up over 20%/30% or more

The 3 Little Pigs is a trend following strategy and will usually be balanced out each month as some markets trend and others range.

There will however be those times when most (or all) of them trend and these will be the periods when the majority of the year’s profits will be made.

Remember, the 3 Little Pigs is a relaxed long term swing trading strategy and patience is required.

The 3 Little Pigs MTF Trading Strategy is not a get rich quick scheme!

January 2016 Results

AUDUSD = 0%

A handful of trades resulting in a net break-even position.

EURGBP = +9%

A big winning trade and a losing trade resulting in a net return of around 9%…

3 Little Pigs MTF Trading Strategy - January 2016 Review - 24-Jan-16 - EURGBP Chart

EURJPY = -6%

Half a dozen losing trades resulting in a net return of around -6%.

EURUSD = 0%

Long and Medium terms trends are out of sync, no trades.

GBPUSD = 0%

Long and Medium terms trends are out of sync, no trades.

USDCAD = +8%

A big winning trade and a losing trade resulting in a net return of around 8%…

3 Little Pigs MTF Trading Strategy - January 2016 Review - 24-Jan-16 - USDCAD Chart

USDCHF = -6%

Half a dozen losing trades resulting in a net return of around -6%.

USDJPY = -6%

Half a dozen losing trades resulting in a net return of around -6%.

A net return for the month of around -1%  (give or take +/- 1% based on slippage, carry, etc.)

Very clearly one of these months – “6 – 8 months, Up a bit, down a bit (+2% / -2% / Break-even)”.   Backed up by this statement – “The 3 Little Pigs is a trend following strategy and will usually be balanced out each month as some markets trend and others range”.

Hope this helps those of you requesting details of a typical trading month.  Hopefully soon I will be able to cover one of the “2 – 3 months, Up over 20%/30% or more”.

DISCLAIMER & COPYRIGHT

This update is based on my analysis on my charting package. It may differ to yours as it can be affected by time, market movements, charting packages and broker prices. I accept no liability for loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on any information in this report or analysis.