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Trendline breakout strategy with strong support and resistance areas



Timefreame: 1 hour and 4 hour

Currency pairs: majors

Stop loss: 20-100 pips

Take profit: 20-200pips



Trades last from several hours to several days, depending on market conditions.

We havenґt been GFT members for long but this "old school" trading strategy has been backtested and it has been proved to be safe and very profitable.

We wish you happy trading.

Strategy

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2011 +28.4% +34.6% +10.9% -36% -7.9% -17.9% -18%
Get access to forex trading strategy
Pips $
Get access to forex trading strategy
Trial (7 days): $15 Month: $150
Strategy Name Iq
Date Started 2011-04-04
Number of weeks 29
Max concurrent lots 1
Max drawdown for 1 lot 100 (pips)
Min account amount $ 1000
Max drawdown for full amount 50 % 105.2%
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 +111 pips +$92.38
Total profitability +9.24 %
Trades 368
Profitable Trades 179
Loss Trades 189
Win ratio 48 %
Maximum account level +923 pips +$1946.99
Minimum account level -87 pips +$894.38
Max loss -1010 pips -$1052.61
Max loss (%) 105.20%
since 2011-06-22 to 2011-10-22
 
 
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