I stumbled on this web site today. The guys at Winning Solution are trying to be BuyZone millionaires in less than 2 years trading Forex pairs (primarily the GBP/USD). Each trade is 10% of their account value. They started 8/1/06 with $1,000 and are currently at $735K and averaging 450 pips per month. They peaked at $890K back in September 07.
Here's what I know about their BuyZone system:
5am GMT is the open time
+20 pips is Buy Entry Price
-20 pips is Sell Entry Price
Only take a trade in direction of a confirmed trend
30 pip stop loss
30 to 100 pip target
What I do not know (or I'm speculating):
0 to 2 trades a day? (i.e. only one trade in each direction)
Trend indicator? - looks like some sort of MACD histogram
How target is determined? - looks like floor pivots or maybe Fib projection
Trade management rules?
Here's a link to their trading results:
On their web page, click on any link in the "Detail Trading" column to see the actual BuyZone trades for any given day. These guys have over 2000 registered traders watching these BuyZone trades daily. At any rate, it's an interesting confirmation of the BuyZone trading concept.