System: Einar Kristjansson
Description: Usually take trades based on medium or long term fundamental reasons. Use technical analysis such as the fibonacci retracements, trendlines, support and resistance and moving averages to pinpoint entries and candlestick patterns and sometimes RSI as confirmation signals. Always use multiple minilots and move stops to breakeven once first take profit target is hit in order to minimize risk.
Type of Trading: Real
Started: Jan 02, 2015
Tracking: 12 users
Currency Pairs: #CLK5, #S&P50, AUDJPY, AUDNZD, AUDSGD, AUDUSD, CADJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURNZD, EURSEK, EURUSD, GBPAUD, GBPCAD, GBPDKK, GBPJPY, GBPNZD, GBPSEK, GBPUSD, GBPZAR, NZDCAD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY
Essentials: The Einar Kristjansson system has made 240 trades with an average winning trade of 122.43 pips / €27.00, the average losing trade around -57.31 pips / -€20.49 and an average trade length of 1d.
The best trade it ever had was (Aug 24) 4725.0 in pips and the worst trade was (Mar 13) -513.5 in pips.
It has won (50/109) 45% of its attempted buys and (68/131) 51% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Drawdown has been kept under 30% which is good.