The trading strategy is based on technical analysis, I use a combination of technical indicators and support/resistance levels, Fibs, and candle stick recognition patterns.
SL is usually less than 100 pips, but this depends on the market, such as maximum level is 200 pips.
If market conditions change may modify the trading signal or will close although it means taking a loss in this trend.
Currently I will trade only on EURUSD pair. At the time I decide to trade other currencies (GBPUSD, USDCHF) I would notify it in advance.
Using my strategy it's possible to trade mini-lots - 0.1, for that you need a trading deposit of $2000;
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My goal: from May 2011 all the quarter must be profitables.
mart - Forex system
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2009
+4.6%
+9.4%
2010
-8.3%
+4.3%
+0.7%
+5.9%
-23.1%
+1.7%
+2.8%
-5.3%
+1.7%
-11.1%
-11.5%
2011
+11.2%
-2.6%
-4%
+2.3%
-0.4%
-
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