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The strategy uses Intraday Trading .Average term of trades 5hrs.

Lots traded is 1 lot.

Kind of system: Trending.

Strategy is based on the bounds of the market of the previous day.

All are intraday trades which are mostly opened at 17EST.

How often i give signals :Most of the times the signal is given once for buy or sell and another specifying the target for the opened position.

Usually positions are opened placing a market order.

I dont work or give signals when news comes out.

Trades are only in GBPJPY.
Target is 5% returns per week.

TradeSmart - market signals

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2010 +10.2% +4.5% +5.3% +24.7% -
Get access to forex trading strategy
function drawChartD() { var data = new google.visualization.DataTable(); data.addColumn('date', 'Date'); data.addColumn('number', '$'); data.addColumn('string', 'title1'); data.addColumn('string', 'text1'); data.addRows([[new Date(, ,), , undefined, undefined]]); var chart = new google.visualization.AnnotatedTimeLine(document.getElementById('chart_div')); chart.draw(data, {displayAnnotations:true,allValuesSuffix:' $'}); }
Pips $
Get access to forex trading strategy
Strategy Name TradeSmart
Date Started 2010-06-21
Number of weeks 18
Max concurrent lots 1
Max drawdown for 1 lot 250 (pips)
Min account amount $ 1500
Max drawdown for full amount 55 % OK
Trading currencies GBP/JPY
Pips $
Total +582 pips +$672.27
Total profitability +44.82 %
Trades 41
Profitable Trades 36
Loss Trades 5
Win ratio 87 %
Maximum account level +589 pips +$2180.39
Minimum account level +22 pips +$1523.98
Max loss -250 pips -$292.5
Max loss (%) 19.50%
since 2010-08-29 to 2010-09-03
 
 
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