System: PACPLUS FUND
Description: PACPLUS FUND Is A Growth Strategy That Builds Positions From 1.25% To 5% Exposure Of Account Equity Per Trading Opportunity, Which Could Last Any Time Between A Day To 7days. Our Analysis Of Trades Take A Top Down Approach. From Weekly – Daily – 4H, Down To 1H Time Frame. We Do Not Engage In Trades Below This Time Frame.
It Is A Very Unique Short Term Swing And Discretionary Strategy. Though Technical In Nature, We Do Not Neglect Fundamentals And General market Sentiments. We pay Attention To Them. We Believe These Are The Fuel That Make Our Trades Work Better.
The Strategy Can Trade In Any Market Environment- Balanced Or Imbalanced.
Our Unique Edge Is That, The Strategy Allows Us To Join The Trend As It Develops. And Every Trade We Place Comes With Price And Time Targets. We Exit Trades Based On Time/Price Expiry, Whichever Comes First.
If Trading From Balanced Market Conditions, And We Realise That We Have The Trend On Our Side, We Do Exit Partially, And Allow The Remaining Position To Run.
Type of Trading: Real
Started: Mar 02, 2015
Tracking: 0 users
Currency Pairs: AUDCAD, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDJPY, USDSGD, USDZAR, XAUUSD
Essentials: The PACPLUS FUND system has made 423 trades with an average winning trade of 74.29 pips / , the average losing trade around -251.76 pips / and an average trade length of 2d.
The best trade it ever had was (Aug 20) 1240.0 in pips and the worst trade was (Sep 16) -2342.1 in pips.
It has won (130/190) 68% of its attempted buys and (140/233) 60% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Uses a potentially huge and dangerous stop loss.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.