The system opens a position when a currency has reached a level from which a change of direction is likely.
It is basically a counter trend system based on technical signals analysis.

Trades can be open for days or even weeks.

For one currency max. 1 lot will be open. Max. 3 lots of different currencies will be open at the same time.

Usually market orders are used to open a position.

Normally no positions or signals will be opened before important news is expected.

A position is usually closed when the stop level is reached.

The stop loss is normally 30-60 pips (max 100 pips).

Signals are usually provided from market opening in London to close in New York.