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The trading system is based on technical analysis looking closely at chart pattern recognition and trenline analysis.i used to look at reversral pattern on higher time frame such as daily time frame, 4hrs time frame and 1hr time frame and looking closly on chart patter such as hammer, double top, double bottlem, spining top etc to place order with the help of movning average to determine trend.But i used to trade in the direction of daily trend.

System based on technical analysis and trendline analysis

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2011 +6.7% -0.5% -25.1%   +28.9% -4.6%   -8.2%
2010 +4.6%
Get access to forex trading strategy
Pips $
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Trial (7 days): $15 Month: $150
Strategy Name Aydups
Date Started 2010-12-27
Number of weeks 33
Max concurrent lots 1
Max drawdown for 1 lot 50 (pips)
Min account amount $ 1000
Max drawdown for full amount 70 % OK
Trading currencies EUR/USD, GBP/USD
Pips $
Total -118 pips -$118
Total profitability -11.80 %
Trades 79
Profitable Trades 40
Loss Trades 39
Win ratio 50 %
Maximum account level +222 pips +$1222
Minimum account level -143 pips +$857
Max loss -365 pips -$365
Max loss (%) 36.50%
since 2011-02-22 to 2011-03-19
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