System: Trend Trading
Description: Trend Trading strategy is based on finding the edge in the market and trading it in direction of the long-term trend. To detect the edge I use Market Profile (specialized tool that graphically shows the auction process), Order-Flow charts (exact volume history), DOM, Price Action and Monitoring of significant macroeconomic and political reports.
Type of Trading: Real
Started: Aug 23, 2014
Tracking: 5 users
Currency Pairs: #CLX4, #ESU4, #ESZ4, #HGZ4, #KCH5, #KCZ4, #NGF5, #NGV4, #NGX4, #NGZ4, #YMU4, #YMZ4, #ZCH5, #ZCN5, #ZCU4, #ZCZ4, #ZWH5, #ZWU4, #ZWZ4, AUDCAD, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURCZK, EURGBP, EURJPY, EURNZD, EURSGD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNOK, GBPNZD, GBPSEK, GBPUSD, NZDJPY, NZDUSD, SGDJPY, USDCAD, USDCHF, USDJPY, USDSEK, USDSGD, XAGEUR, XAGUSD, XAUEUR, XAUUSD, XPDUSD, XPTUSD
Essentials: The Trend Trading system has made 342 trades with an average winning trade of 644.74 pips / $122.29, the average losing trade around -483.28 pips / -$90.77 and an average trade length of 11d.
The best trade it ever had was (Oct 16) 10425.0 in pips and the worst trade was (Oct 01) -17300.0 in pips.
It has won (68/149) 45% of its attempted buys and (96/193) 49% 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.
- Uses a potentially huge and dangerous stop loss.