Our trades are based on fundamental and technical analysis. Trade ideas are based on fundamental analysis, and entries are based on technical analysis. The longer term charts, such as daily and 4H charts provide entry points. Indicators such as Ichimoku, MACD and Stochastics are used.
At any time only one lot will be open. Additional lots could be opened for a maximum of three mini lots, only when the previous position is profitable. A stop loss of 125 has been set for each lot. However, positions could be closed earlier if the trade doesn’t develop as planned.
A drawdown of 15% on the account will be allowed. We will look for trades with a risk/reward ratio of 1/2 or more.
EclecticTrades - FX trading
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2009
+0.3%
+5.7%
-3.3%
+2.3%
+4.7%
-11.3%
2010
-0.5%
-5.7%
-0.4%
-
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Date Started
