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YorkisChoice is a comination of chart analysis and market timing. After trading forex several years, I think that I have found a good system, not a perfect one, but a very profitable. I try to catch the breakouts, but at the same time the system is working fine in ranging market conditions. Most of the trades are swing trades using H4 and D1-charts, but I make some day trading with shorter time periods, too. I open max. 3 positions at the same time and normally I do not trade correlated pairs at the same time (i.E. EURUSD and USDCHF). The strategy is quite conservative, the stops are normally between 100 and 150 pips, sometimes more in case of high volatile pairs like GBPJPY. You can expect an average of 3 to 6 trades per week.

YorkisChoice - trading FX system

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2010 -5.1% (-8.8%)
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Pips $
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Strategy Name YorkisChoice
Date Started 2010-03-01
Number of weeks 5
Max concurrent lots 3
Max drawdown for 1 lot 300 (pips)
Min account amount $ 3000
Max drawdown for full amount 30 % OK
Trading currencies EUR/USD, USD/JPY, GBP/USD, USD/CHF, EUR/CHF, AUD/USD, USD/CAD, NZD/USD, EUR/GBP, EUR/JPY, GBP/JPY, CHF/JPY, GBP/CHF, NZD/JPY, AUD/JPY, EUR/AUD, AUD/CAD, CAD/JPY
Pips $
Total -410 pips -$420.42
Total profitability -14.01 %
Trades 17
Profitable Trades 10
Loss Trades 7
Win ratio 58 %
Maximum account level +217 pips +$3236.22
Minimum account level -410 pips +$2569.14
Max loss -606 pips -$667.08
Max loss (%) 22.20%
since 2010-03-10 to 2010-03-27
 
 
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