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The strategy is based on the combination of fundamental and fechnical analysis. The news and analysis of political and economical situation in the world play the main role while making a decision about opening a position. At the same time a bit of technical analysis is done with the use of Fibs, Stochastic and Elliot wave theory. Usually 1 lot is opened for a currency pair, but sometimes a lot can be added to a position in order to increase the profit or to close the position without loss.

Strategy

Pips $
Get access to forex trading strategy
Strategy Name MMb_trade
Date Started 2009-10-05
Number of weeks 1
Max concurrent lots 3
Max drawdown for 1 lot 200 (pips)
Min account amount $ 2000
Max drawdown for full amount 30 % OK
Trading currencies EUR/USD, GBP/USD
Pips $
Total +173 pips +$173
Total profitability +8.65 %
Trades 4
Profitable Trades 4
Loss Trades 0
Win ratio 100 %
Maximum account level +173 pips +$2173
Minimum account level +44 pips +$2044
Max loss 0 pips +$0
Max loss (%) 0%
Pips $ %
2010-01-11 - 2010-01-15 +0 +$0 +%
2010-01-04 - 2010-01-08 +0 +$0 +%
2009-12-28 - 2010-01-01 +0 +$0 +%
2009-12-21 - 2009-12-25 +0 +$0 +%
2009-12-14 - 2009-12-18 +0 +$0 +%
2009-12-07 - 2009-12-11 +0 +$0 +%
2009-11-30 - 2009-12-04 +0 +$0 +%
2009-11-23 - 2009-11-27 +0 +$0 +%
2009-11-16 - 2009-11-20 +0 +$0 +%
2009-11-09 - 2009-11-13 +0 +$0 +%
2009-11-02 - 2009-11-06 +0 +$0 +%
2009-10-26 - 2009-10-30 +0 +$0 +%
2009-10-19 - 2009-10-23 +0 +$0 +%
2009-10-12 - 2009-10-16 +0 +$0 +%
2009-10-05 - 2009-10-09 +173 +$173 +8.65%
 
 
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