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The strategy for this system is intraday and the occasional scalping. There is a set target of profits that is aimed for every week to ensure good focus.

Strategy

Pips $
Get access to forex trading strategy
Strategy Name Contraforex
Date Started 2010-01-04
Number of weeks 2
Max concurrent lots 1
Max drawdown for 1 lot 120 (pips)
Min account amount $ 1000
Max drawdown for full amount 30 % OK
Trading currencies EUR/USD, USD/JPY, GBP/USD, NZD/USD, EUR/GBP, GBP/JPY
Pips $
Total +98 pips +$106.16
Total profitability +10.62 %
Trades 6
Profitable Trades 4
Loss Trades 2
Win ratio 66 %
Maximum account level +115 pips +$1124.2
Minimum account level +45 pips +$1048.6
Max loss -49 pips -$52.92
Max loss (%) 5.20%
since 2010-01-12 to 2010-01-16
Pips $ %
2010-01-11 - 2010-01-15 +5 +$5.72 +0.57%
2010-01-04 - 2010-01-08 +93 +$100.44 +10.04%
 
 
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