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Forex Investment Strategy
This Strategy, is a breakout strategy for the GBP/USD currency pair. A breakout strategy can be a gold mine. The financial markets, nothing works better than breakouts because every big move starts as a breakout from consolidation. My goal is to catch all possible breakouts.
To trade this strategy you need a broker which allow you to trade cross orders.
I start to trade with an amount of 2.000 $. For every trade I risk 5%. (Micro Lot).
Here in Global Forex Signals I trade always with 1 lot, but in my live account I mange the lot size by using for each trade 5% of my trading account. So the results are different. In my live account the result are much better. Here my account: http://www.mt4i.com/users/fx-content-1
I have backtested this strategy for 5 years and it is amazing how powerful is that strategy and how much profit you can make.
It is very important to have the discipline and to follow strict the 5 % Money Management per trade.
I wish you all the best.
Live account result July 2010: +14.16%
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ForexInvestI - Forex Investment Strategy |
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