PegasusFX Trading Strategy & Daily Journal of my Trades & Results

[PegasusFX]

Welcome to Pegasus FX. I trade safely and responsibly, minimizing risk at all times

Entries based on high probability price action patterns. Target Profit forecasts based on accumulated statistical trade data.

Stop Loss moving Expert Advisors used. H4 TF. GBP/USD.

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Maximum Drawdown Per Trade >> 1 – 4%

Maximum Daily Drawdown >> 1 – 4%

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1 Max Open position at all times

Take Profit set between 80-120 Pips per open position but usually set at 90 Pips.

Stop Loss level is set at 80-120 Pips per open position but usually set at 90 Pips.

R/R Ratio set at 1:1 per trade.

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My strategy back tested over 4 years has produced ON AVERAGE 1500 pips per year. By using compounding interest money management technique, this strategy can turn an initial balance of $10,000 into $1,600,000 ($1.6 Million) over the course of 10 years by using 4% of capital per trade.

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• I always trade with a Stop Loss on all positions

• No Martingale, Hedging or Scalping techniques used

• I do not let losses run and I am not afraid to cut losses early if I feel it is the right decision

 

[PegasusFX]

02.06.2016 | RESULT: +15 Pips | ANNUAL: -103 PIPS

02.06.2016 | RESULT: +15 Pips | ANNUAL: -103 PIPS

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TRADE SUMMARY >> A bullish price action formation entered me into the market at 13:00 BST at the close of 9am 4 Hour candle. I had to close this trade rather quickly as President Draghi was scheduled to speak at the ECB Press conference at 13:30 BST and I do not trade during his speeches as the chance of erratic volatility is high. Closed at +15 Pips for the day.

***MONEY MANAGEMENT || COMPOUND INTEREST STRATEGY***


Strategy back tested over 4 years has produced ON AVERAGE +1500 pips per year. By using compounding interest money management technique, this strategy can turn an initial balance of $10,000 into $1,600,000 ($1.6 Million) over the course of 10 years by using 4% of capital per trade. Even though I use 4% of my capital per trade, I would advise followers to allocate only 1-2% of their capital per trade if you are risk averse.


COMPOUND INTEREST FORMULA >> i) BALANCE: $10,000 ii) 4% PERCENT OF BALANCE PER TRADE = $400 iii) MAX DRAWDOWN PER TRADE: Max 1 Position X 90 Pip Stop Loss = 90 Pips Maximum Drawdown per trade iv) CALCULATION: $400 90 PIPS = 4.4 Lots per pip/point (0.44 Mini Lots) per pip/point. [*Followers can change lot allocation daily, weekly, monthly or yearly but I advise daily if possible]




***TEN YEAR RETURN PLAN***


YEAR ONE >> Starting Balance: $10,000 | Profit: $6666 | Closing Balance: $16,666

YEAR TWO >> Starting Balance: $16,666 | Profit: $11,110 | Closing Balance: $27,776

YEAR THREE >> Starting Balance: $27,776 | Profit: $18,517 | Closing Balance: $46,293

YEAR FOUR >> Starting Balance: $46,293 | Profit: $30,862 | Closing Balance: $77,155

YEAR FIVE >> Starting Balance: $77,155 | Profit: $51,436 | Closing Balance: $128,591

YEAR SIX >> Starting Balance: $128,591 | Profit: $85,727 | Closing Balance: $214,318

YEAR SEVEN >> Starting Balance: $214,318 | Profit: $142,878 | Closing Balance: $357,196

YEAR EIGHT >> Starting Balance: $357,196 | Profit: $238,130 | Closing Balance: $595,326

YEAR NINE >> Starting Balance: $595,326 | Profit: $396,884 | Closing Balance: $992,210

YEAR TEN >> Starting Balance: $992,210 | Profit: $661,473 | Closing Balance: $1,653,683
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[PegasusFX]

03.06.2016 | RESULT: -13 Pips | ANNUAL: -116 PIPS

03.06.2016 | RESULT: -13 Pips | ANNUAL: -116 PIPS

TRADE SUMMARY >> A bearish price action formation entered me into the market at 01:00 am BST. Price ranged around near my entry price during Asian and London sessions. I had to close my position for a small loss of -13 pips at 13:00 BST as the NFP news item was going to be released at 13:30 BST. It is good I stuck to my trading plan, as the NFP news propelled pair in bullish direction to over 150 pips in just under two hours. My stop loss of 90 pips would have been hit if I did not close trade at 13:00.

A second trade was opened in bullish direction at 17:00 and is still open, just around 9 pips below entry as the market closed for the weekend.
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[PegasusFX]

06.06.2016 | RESULT: -153 Pips | ANNUAL: -269 PIPS

06.06.2016 | RESULT: -153 Pips | ANNUAL: -269 PIPS

TRADE SUMMARY >> My bullish open trade from Friday 3rd June gapped down over 50 pips when the markets re-opened on Sunday night. Price then fell further and hit my stop loss for a full -90 pip loss. I have updated my trading plan and no open trades will be left open on a Friday night.
A bearish price action formation occurred early Monday morning, however price did not really pass my entry and instead moved upwards and ranged throughout the London and US sessions. I had to close this trade for a minus -63 pip loss at 17:00 BST as Fed Chair Yellen was speaking at 17:30
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[PegasusFX]

07.06.2016 | RESULT: +90 Pips | ANNUAL: -179 PIPS

07.06.2016 | RESULT: +90 Pips | ANNUAL: -179 PIPS

TRADE SUMMARY >> Bullish price action formation on pair was formed early at 05:00 am BST. Price rose rapidly in bullish direction in the next 30 minutes and reached +180 pips, easily hitting TP target of +90 pips. The recent UK Brexit Polls decision combined with price action and AUD Interest rate decision filtering through helped push cable up so rapidly.​

 

[PegasusFX]

09.06.2016 | RESULT: OPEN Pips | ANNUAL: -346 PIPS

09.06.2016 |

RESULT: OPEN Pips | ANNUAL: -346 PIPS​

TRADE SUMMARY >> Trade was opened in bearish direction. Apart from consumer confidence news tomorrow at 15:00 BST there is not much in the way of fundamentals. Trade is still open.​

 

[PegasusFX]

10.06.2016 | RESULT: +90 Pips | ANNUAL: -256 PIPS

10.06.2016 | RESULT: +90 Pips | ANNUAL: -256 PIPS

TRADE SUMMARY >> Trade that was opened from yesterday continued to move down in bearish direction and hit its TP around 16:00 BST. Good end to a tough week of trading.​

 

[PegasusFX]

01.06.2016 | RESULT: +180 Pips | ANNUAL: -280 PIPS

01.06.2016 | RESULT: +180 Pips | ANNUAL: -280 PIPS

TRADE SUMMARY >> Trade that was opened in bullish direction. Price rose on the results of the Manufacturing PMI results which helped push price up to TP level.

 

[PegasusFX]

05.06.2016 | RESULT: +0 Pips | ANNUAL: -280 PIPS

05.06.2016 | RESULT: +0 Pips | ANNUAL: -280 PIPS

TRADE SUMMARY >> No trades. USD Bank holiday.

 

[PegasusFX]

06.09.2016 | RESULT: +0 Pips | ANNUAL: -280 PIPS

06.09.2016 | RESULT: +0 Pips | ANNUAL: -280 PIPS

TRADE SUMMARY >> No trades opened.
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[PegasusFX]

08.09.2016 | RESULT: +0 Pips | ANNUAL: -280 PIPS

TRADE SUMMARY >> Trade was opened on 7th on bearish direction. It rose to over +40 pips which triggered SL lockin to break even level. Price did retrace back up and trade was closed at BE level.

 

[PegasusFX]

09.09.2016 | RESULT: +0 Pips | ANNUAL: -280 PIPS

TRADE SUMMARY >> No trade

 

[PegasusFX]

12.09.2016 | RESULT: # Pips | ANNUAL: -280 PIPS

TRADE SUMMARY >> Trade was opened in bullish direction. Price rose but is currently at resistance level. President Draghi has is speaking tomorrow at 10:00 am BST so will be exiting trade before then. Trade still open.

 

[PegasusFX]

13.09.2016 | RESULT: +65 Pips | ANNUAL: -215 PIPS

TRADE SUMMARY >> I closed the open long trade from yesterday at a loss of minus -20 pips at 09:30am BST. I had to do this as President Draghi was speaking at 10:00 am BST so did not risk the volatility. If I had not I would have lost minus -71 pips, as his comments helped drive price south. My strategy produced a sell entry at 12:00 BST. I had to close it early as I had a technical fault with my EA and it opened a second order an hour later which it was not supposed to do. I closed both of these positions for a total of plus +85 pips which brought my daily total to +65 pips. I worked with my programmer and we rectified the problem with my EA.

 

[PegasusFX]

14.09.2016 | RESULT: # Pips | ANNUAL: -215 PIPS

TRADE SUMMARY >> Trade has just been opened at 21:00 BST in bullish direction. Will be looking to close trade at market tomorrow by 11:30am BST, before the MPC Interest Rate decision at 12:00pm BST.

 

[PegasusFX]

15.09.2016 | RESULT: -10 Pips | ANNUAL: -225 PIPS

TRADE SUMMARY >> I had to close the opened trade from yesterday at 11:30 BST for a loss of minus -10 pips as the MPC interest rate decision was coming out. No further trades today.

 

[PegasusFX]

16.09.2016 | RESULT: +167 Pips | ANNUAL: -58 PIPS

TRADE SUMMARY >> Trade was opened in bearish direction around 13:00 BST and broke down very strongly. Locked in to break even within an hour of opening trade. Trade nearly hit +180 Pip target but had to close for +167 Pips as I do not leave trades open over the weekend in case of market/price gapping when it re-opens on Sunday evening.

SEPTEMBER TOTAL: +402 Pips

 

[PegasusFX]

19.09.2016 | RESULT: +0 Pips | ANNUAL: -120 PIPS

TRADE SUMMARY >> No trades.

SEPTEMBER 2016 TOTAL: +402 Pips

 

[PegasusFX]

20.09.2016 | RESULT: +0 Pips | ANNUAL: -120 PIPS

TRADE SUMMARY >> No trades.

SEPTEMBER 2016 TOTAL: +402 Pips

 

[PegasusFX]

21.09.2016 | RESULT: # Pips | ANNUAL: -120 PIPS

TRADE SUMMARY >> Trade was opened at 21:00 BST two hours after FOMC news pushed price up in bullish direction. Trade will still open until President Draghi speech tomorrow at 14:00 BST. Have to also take into consideration.

SEPTEMBER 2016 TOTAL: +402 Pips