The Lindencourt FX System - GBPUSD

The following image is a chart showing the results of a trade signal generated by the Lindencourt FXSystem for the GBPUSD as of 8th September 2009.

Each exit point indicated above is clearly detailed in the recently updated Lindencourt FXSystem manual, along with graphics that includes all of the system's indicators. There is a distinct reason why each of the above entry and exit points were selected. The above diagram is for reference only and has several key indicators removed for obvious reasons.

You will note that the Entry and Exit 1 points above corresponds with the figures included in the daily performance page for 8 September 2009.  In fact this single morning trade alone produced an average of 100 pips.  This was calculated as follows:

Exit 5 was at the point defined by the system rules at which the trade had to have been closed.  If no partial trade closures had been made up until then, this was the final closure point of the trade according to the system's rules.

I always suggest 50% on Exit 1, 20% on Exit 2, 20% on Exit 3 and 10% on Exit 4. Remember - and this is important - we are trading one the 15M time frames, not on the 1H or 4H so these levels of gains of 100+ net pips on a single Forex trade with this system are extremely good. Expect around half this level normally on most trades.

So what was this trade worth in terms of money?  Well that depends on what your trading capital is. if you were trading this GBPUSD trade with £10 per pip risk using the money management rules I just suggested, this would have resulted in a net profit of £759 ($1,250) over a period of 4 hours.

Other example traded financial instruments for 8 September 2009 are as follows:

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