Our Style is day trading.
We take advantage of strong trends. When trend is up we buy and when it is down we sell. System is based on Exponential Moving Average cross over or bounce off along with Relative Strength Index. We also use trend line / channel and also pivot point analysis. This system, if followed religiously, will give a 80% win ratio.
We always trade with 1 lot. You can choose your number of lots depending on the capital in your trading account and your risk appetite.
We trade 5 days a week. Trading hours are from 7:00 GMT to 13:00 GMT and we try to give at least 1 trade per day.
Our trades are 95% openned by market orders. We rarely use pending orders. If you subscribe to our signals you have to be alert during our trading hours.
We will send a message to you 15 to 30 minutes before we initiate the trade so that you can turn on your computer and log into your platform. It also helps if you can connect your email address to your blackberry so when trading signals are sent, you receive them right away.
We Primarily use one lot at all times for all trades and signals.
Our method of analysing the direction of the market is by studying closely other coorelated currency pairs and determining how it will impact the move of our desired pair for trading (GBP/JPY). We try to stay away from news releases. We usually do not trade before news releases but sometime we trade after the news come out and try to take a quick trade with 20 to 50 pips of profit. Our stops in signals are usually tightened during these times.
Our trade term can vary any where from 30 minutes to 6 hours.
Our levels of take profit and stop loss are examined based on the proximity of the price relative to the moving average.
Please understand that greed is a strong emotion that has to be harnessed if you want to be a successful trader. Do not become greedy. If you follow our signals you will be fine. But sometimes you may choose to hang on to the trade even after we have advised to close it. In that case you assume the responsibility of potential losses.
Date Started
