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System: Quasar

Description: Discretionary trading based on micro/macro economics news and price action.
I trade with-trend in line with fundamentals and I use price action and technical analysis to pinpoint my entries and exits. As a rule I enter trades when there is at least 50 to 100 pips target. I use all time-frames to assess price action.

Usual risk is 0.25% per trade.

Type of Trading: Real

Broker: XM

Started: Nov 26, 2014

Views: 95

Tracking: 0 users

Currency Pairs: AUDJPY, AUDNZD, AUDUSD, CADJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNOK, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, GOLDMI, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USDSEK, USDTRY[/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 Quasar system has made 480 trades with an average winning trade of 100.17 pips / €5.84, the average losing trade around -65.05 pips / -€3.51 and an average trade length of 3d.

The best trade it ever had was (Mar 16) 1935.0 in pips and the worst trade was (Jul 21) -845.0 in pips.

It has won (139/223) 62% of its attempted buys and (162/257) 63% 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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