Description: FX Prime Swing Trading (wm) system is strategy i use live in my account and the strat is testable, verifiable and proven result during backtested 5-10 years. I only use "Chop stop" ISL. (No Floating loss to cause you heart attack). My portfolio is total up of 6 pairs. : EURNZD, EURJPY, GBPJPY, EURAUD, GBPCHF, AUDCHF. I am always uses the same way and i am 95% up to every trade taken with no human mistakes. This system is semi-manual. Every trade that open will have 3 different taking profit level. I take that as Scalper, Trader, Swinger. Objective is to capture the move as much as i can. After criteria fulfill, it will finally uses bollinger bands as final filter to entry. Stop Loss will be placed follow by entry. The magic of my system is that Targets will be expand dynamatically if market volatility is strong.
Risk rewards : at least 1:1.
MAX DD : 10-15%
I am an experienced and veteran trader in FX more than 7 years. Please believe me that i will bring you guys to a profitable years and life!
Type of Trading: Real
Started: Feb 06, 2014
Tracking: 1 users
Currency Pairs: AUDCAD, AUDCHF, AUDUSD, EURAUD, EURCAD, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCHF, GBPJPY, GBPUSD, NZDUSD, USDJPY
Essentials: The FXCM,US-MT4 system has made 1224 trades with an average winning trade of 118.31 pips / $14.67, the average losing trade around -56.09 pips / -$16.05 and an average trade length of 2d.
The best trade it ever had was (Aug 24) 988.9 in pips and the worst trade was (Jun 11) -301.9 in pips.
It has won (357/625) 57% of its attempted buys and (324/599) 54% 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.