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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

Broker: FXPro

Started: Jan 02, 2015

Views: 1356

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[/one_half]

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[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]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.[/quote]

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Pros & Cons

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[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average win is larger than 10 pips which is usually a good thing.,Drawdown has been kept under 30% which is good.,[/list][/one_half]Cons

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