TRIX Reversal Trading Report

I recently received a comment from a European trader, asking how the TRIX reversal trading system was performing, so I am providing some results from the past week to give an example of the system's performance.

The following results are from the EUR futures market, trading 1 contract, with a target of 20 ticks per trade (and per day), and a stop loss of 10 ticks. Even though the EUR futures market is open 24 hours per day, trading started at the European open (8:00 AM Central European Time), and stopped when either the daily profit target had been reached, or at the European close (5:00 PM Central European Time). The chart that was used was a 5 minute chart, with the TRIX set to 9 bars (the default for the TRIX reversal trading system).

• Monday : The first trade was a long trade, and made a profit of 2 ticks. The second trade was a short trade, and made its target of 20 ticks. The daily target had been reached so there were no further trades.
• Tuesday : The first trade was a long trade, and made its target of 20 ticks. The daily target had been reached so there were no further trades.
• Wednesday : The first trade was a long trade, and made its target of 20 ticks. The daily target had been reached so there were no further trades.
• Thursday : The first trade was a long trade, and made a loss of 10 ticks. The second trade was a short trade, and made its target of 20 ticks. The third trade was a long trade, and made a loss of 10 ticks. The fourth trade was a short trade, and made its target of 20 ticks. The daily target had been reached so there were no further trades.
• Friday : The first trade was a short trade, and made a loss of 10 ticks. The second trade was a long trade, and made a loss of 8 ticks. The third trade was a short trade, and made a loss of 10 ticks. The fourth trade was a long trade, and made a loss of 10 ticks. The fifth trade was a short trade, and made its target of 20 ticks. The sixth trade was a long trade, and was a breakeven trade. The seventh trade was a short trade, and made a profit of 7 ticks (the trade was exited at 5:00 PM).

The first four days of the week were very good, but the last day of the week (today) was not so good. Nevertheless, over the week the TRIX reversal trading system performed well. The total profit for the week was 69 ticks, which gives a weekly profit of $862.50 (69 ticks x $12.50) per contract.

Further information about the TRIX reversal trading system, including complete instructions for making TRIX reversal trades, and charts of a real trade made using the trading system, can be found in the TRIX reversal trading system tutorial.