The strategy works with relatively medium leverage and medium risk.
The strategy is not dependent on trend direction, so profit can be made during both up or down trend.
The strategy makes most of the trading profits during major market breakouts while most of the drawdown is taking place during whipsaw market.
With an average SL of 200-300 pips and a similar TP, this is a long term trading strategy (or Swing trades). Our Forex signals are based on technical factors (overbought/oversold), but much more on trading market timing. For us, Forex is an investment, not only a speculation. Sometimes we held positions for several weeks. Normally we use wide stoploss-limits in our Forex signals.
We open only one position for one pair in a day, maximum 4 positions for different pairs in a day.
The strategy greatest strength is its Forex signals stability and consistency.
msp-novafx - Forex system
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2009
+3.2%
+2.4%
+3.3%
-0.2%
+0.4%
2010
-0.7%
+0.8%
-0.1%
-2.2%
-0.9%
-0.9%
+3.3%
-2.1%
-1.5%
+0.8%
-0.9%
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Date Started
