As you can see, this is over a period of about two and a half months. We got three excellent trades and one no trade because the TCCI was not green to the left of the arrow. This saved us from a poor trade. Daily trades have a maximum of 400 pips or 14 days as this has proven to be the optimum limits. They are closed earlier if the TCCI changes colour or we get an opposing trade arrow.

    The beauty of trading from the daily chart is that we need not be concerned about the relatively small fluctuations that knock day traders out of the game! As long as we have a currency pair that tends to trend, we are in business.

    We trade with a 150 - 300 pip stop loss (depending on the pair), which moves as profits accrue. It rarely happens that we lose the whole full pips because the indicator will change colour long before then - indicating to close the trade.

May Summary - over 2,000 pips profit for the month...