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When you trade, you should not be afraid about your open position.

We use scalping within intraday trading, taking from 10 to 100 pips targets depending on the market volatility.

Signals are usually given from 6:00 GMT to 18:00 GMT, and may be given at the early beginning of the week in the Asian session trading signals are sent if an important gap is noticed. They are given few times a week.

Most of the trades are based on technical events. Before news, we usually stand aside and wait for the aftermath.

The maximum default stop loss of 100 pips is most of the time quickly reduced to a more accurate stop after the trade has been triggered. The precise analysis is done before sending Asian session trading signals.

For every 2000$ in your account, you open one mini lot, a 10K trade. Like this, you have a maximum of 5% drawdown for a trade at anytime.
A maximum 1 open position at any moment
All trades going with the current middle term trend

Following these position rules, you do not have to worry about blowing your account if stop is hit.

With CoolPiPs, collect PiPs and be Cool! Use the magic of Asian session trading signals!

CoolPiPs - Asian session trading signals

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2010 +7.2% +3.6% -6.2%
2011 -0.8% +3.1% -1% -8.4% +1.5% -1.2% +3.6%   -4.3% +1.1%
Get access to forex trading strategy
Pips $
Get access to forex trading strategy
Trial (7 days): $15 Month: $150
Strategy Name CoolPiPs
Date Started 2010-10-04
Number of weeks 55
Max concurrent lots 1
Max drawdown for 1 lot 100 (pips)
Min account amount $ 2000
Max drawdown for full amount 35 % OK
Trading currencies EUR/USD, USD/JPY, GBP/USD, USD/CHF, EUR/CHF, AUD/USD, USD/CAD, NZD/USD, EUR/JPY, GBP/JPY, CHF/JPY
Pips $
Total +17 pips +$17
Total profitability +0.85 %
Trades 56
Profitable Trades 46
Loss Trades 10
Win ratio 82 %
Maximum account level +249 pips +$2249
Minimum account level -91 pips +$1909
Max loss -340 pips -$340
Max loss (%) 17.00%
since 2010-12-14 to 2011-06-25
 
 
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