This GBPJPY tradeplan with the Counter Punch Trader will not be stopped. I showed this trade the other day as it was in progress. Check out how it’s doing now. This thing just keeps on winning and has been for a very long time.
See the GBPJPY Tradeplan that has just hit its first target objective in its 5th winning trade in a row. I showed this on a prior post on this blog while it was still in progress.
Yesterday this GBPJPY trade hit its first target objective for + 106 pips while the stop moved down to break even on the remainder of the position.
The way this trade will work is that 25% should be exited at each target with the remainder coming off at the dynamic trailing stop.
This plan is on a 5 trade winning streak. Over the past 12 years it has had winning streaks of 29, 25, 22, 18 x 2, 17 x 3, etc.. Its worst losing streak was 4 trades and 3 trades, each happening only 1 time these past 12 years. It has only lost 2 in a row 13 times, averaging a little more than 1 time per year. Not bad, huh?
This graph shows the GBPJPY Tradeplan win streaks and losing streaks over the past 12 years.