The strategy I am using for ForexSignalSafe contains both similarities and differences from the strategies adopted during the historical statements you can see adjacent. For example, if you look at the trades, you will see that I have traded gold, silver, US equities and UK equities at different times. None of these markets will be traded here for FSS - just Forex.

The historical statements cover the months May to August 2010 after which time I took a break. For recent performance, please see the live statement.

Essentially there are two strands to the strategy.

One strand trades GBP pairs (GBPUSD and GBPJPY) and is via a semi-automated Expert Advisor. These trades will be at smaller lot sizes and work accumulatively. It is not a martingale approach as trades will all be at the same size as each other. The exact size of trade will depend on the equity balance at any one time.

The second strand of the strategy involves manual trading several pairs. These include EURUSD, GBPUSD, AUDUSD, USDCAD, EURJPY and occasionally EURCHF and GBPCHF. Occasionally other pairs are traded if I see an opprtunity, but rarely.

I have moved away from intraday trading and will be taking longer term positions. Each trade might last several days or over a week.

Some days there will be no trades if there are no setups available, but normally there will be between 2 and 10 trades per day during the European session (0900 - 1700 CET, or 0300 - 1100 EST).

Each trade is opened by observing the market's movement in respect to the underlying trend, and using a collection of bespoke indicators including (but not exclusively) MACD and QQEA to give high probability setups.

I aim to achieve an objective monthly return of at least 7.5% per month.

Some days there will be no trades if there are no setups available, but we will usually be in one or more trades at any one time in this second strand of the strategy.

Trading style

There is an important point to understand here:

Performance is measured in pips, not $.

Tim recommends that subscribers use the Lot Multiplier function rather than the MM function of the client ForexSignalSafe interface. You will need to set the Lot Multiplier setting according to how much equity you are trading with.

You should look to see Tim's live account. His lot sizes are set for a maximum risk of around 3-5% on each trade based on the equity in his account.

More examples: If Tim's live account has equity of $2,000 and you are trading with equity of $1,000, then set your Lot Multiplier to 0.5. If Tim's live account has equity of $2,000 and you are trading with equity of $7,000 , then set your Lot Multiplier to 3.5.

These settings will keep the risk parameters the same as Tim's account. If you decide to increase the Lot Multiplier by more than that, you will be increasing the risk.

Please let us know if you want any further advice on this.

What Sort of Return Can I expect?

The return each month will of course vary. It is Tim's intention to produce a return of at least 7.5% per month. Using your Lot Multipler as described above will ensure that your trading account performs in the same proportion as Tim's, and at the same risk. Please do not over-trade. This will increase the risk in your account.

We show below what sort of cumulative return you can expect at different monthly performance. Column 1 shows an account with starting equity of $2,000 and assumes a monthly retun of 7.5%. At the end of 12 months, assuming no withdrawals, the account equity would have grown to $4,764, a gross gain of $2,764. Annual subscriptions of $1188 means a net return of $1,576, or a return on investment of 133%.

Columns 2-4 show the same start equity but growing at different monthly rates. Obviously if you are trading with more than $2,000 equity, then the results would be commensurately more.