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My trading is based on Price bias, "scalp" lines, and a simple moving average, but the key is current price action.

I trade all day, and usually 2 or 3 times a day

Mostly i use GBPUSD, and sometimes the GBPJPY and EURUSD.

I keep sl at no more that 50 pips Tp vary from 10 pips to 100, depending on market condition

Money Management is key for forex trading success. be wise,

I recomend no more that 2% risk per trade, no matter you size account

Forex trading is more like a marathon than a speed race

Logicfx2112 - trading

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2010 +2.8% (+6%)
Get access to forex trading strategy
Pips $
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Strategy Name Logicfx2112
Date Started 2010-02-15
Number of weeks 6
Max concurrent lots 1
Max drawdown for 1 lot 300 (pips)
Min account amount $ 1000
Max drawdown for full amount 30 % OK
Trading currencies EUR/USD, GBP/USD, EUR/JPY, GBP/JPY
Pips $
Total +84 pips +$88.12
Total profitability +8.81 %
Trades 8
Profitable Trades 6
Loss Trades 2
Win ratio 75 %
Maximum account level +84 pips +$1088.12
Minimum account level +9 pips +$1009
Max loss -12 pips -$13.2
Max loss (%) 1.30%
since 2010-03-16 to 2010-03-25
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