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This signal is based on my own trading strategy. Trade will be short term trade but sometime I will hold in order to get more pips. I recommend minimum account of $3000 with maximum 3 lots.

I will only concentrate on 2 pairs, EURJPY and GBPJPY. Usually I trade 1 lot for each pair OR 2 lot for one pair and 1 lot for t ther pair OR 3 lot if I only trade on one pair (either EURJPY or GBPJPY). This distribution of lots is depend on the market conditions.

I provide trending and counter trending system and usually I start watch the market every 6 am (GMT +8). Im not sure how often because again its depend on the market. I always trade on market orders.

I used few basic indicators and never watch news. I watch 15 minutes, 1 hour, 4 hours and daily charts. I used moving average, bollinger band, and stochastic to analyze the market. For me these indicators really help me a lot as I believe simple is better.

I enter market and close positions when these indicators valid for me to enter and close. I used fixed Take-profit as low as 25 pips and sometime I move my stop-loss to positive position to get more pips.

As I mentioned earlier I will only trade on maximum of 3 lots with $3000 initial deposit. This signal can be use by any type of traders. Remember, sometime we get profit very quick but sometime it will take longer time and may cause negative positions. Never close too early.

The best thing about this strategy is, I never predict.

Strategy

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2009 +14.9%
2010 -22.7%
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Pips $
Get access to forex trading strategy
Strategy Name Fantastic
Date Started 2009-12-21
Number of weeks 5
Max concurrent lots 3
Max drawdown for 1 lot 200 (pips)
Min account amount $ 3000
Max drawdown for full amount 20 % 42.2%
Trading currencies EUR/JPY, GBP/JPY
Pips $
Total +86 pips +$82.43
Total profitability +2.75 %
Trades 20
Profitable Trades 12
Loss Trades 8
Win ratio 60 %
Maximum account level +1247 pips +$4351.34
Minimum account level +86 pips +$3082.43
Max loss -1161 pips -$1268.91
Max loss (%) 42.20%
since 2010-01-19 to 2010-01-23
 
 
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