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Hello,

Welcome to my very own personal complete trading signals. My signals are generated at the beginning of the week on Sunday at market open. Timing is crucial so you might not see trades after Tuesday. I utilize a very simple breakout strategy.

My goal is to be positive 52 weeks out of the year.

Stop loss will be placed in a range of 100-150 pips away from entry.

I ask that you start with $3,000 ,but I will trade with $1,000 in my account to protect against overtrading.

Method of Entry: I like to use PRS (Pattern Recognition Software) to time my breakout trade signals. I may open 2 lots for increased profitability. If I see a positive return then a pullback I will place a breakeven stop and, or PSL (profit stop loss).

Breakeven stop: stop which includes spread, but equates to ZERO profitability
PSL stop: stop which includes profit if position goes against you

Reasons for staying in a trade: Simple profit and trend.

Reasons for closing a trade: Reversal candles and or break of a trend.

Reasons for no trade: Ranging markets or late signals entry.

QikFireForex - trading system

Pips $
Get access to forex trading strategy
Strategy Name QikFireForex
Date Started 2009-12-14
Number of weeks 6
Max concurrent lots 3
Max drawdown for 1 lot 150 (pips)
Min account amount $ 3000
Max drawdown for full amount 30 % OK
Trading currencies EUR/JPY, GBP/JPY, GBP/CHF
Pips $
Total +890 pips +$995.73
Total profitability +33.19 %
Trades 35
Profitable Trades 30
Loss Trades 5
Win ratio 85 %
Maximum account level +890 pips +$3995.73
Minimum account level +22 pips +$3024.42
Max loss -364 pips -$371.08
Max loss (%) 12.30%
since 2010-01-04 to 2010-01-06
Pips $ %
2010-01-18 - 2010-01-22 +187 +$206.21 +6.87%
2010-01-11 - 2010-01-15 +157 +$169.56 +5.65%
2010-01-04 - 2010-01-08 +165 +$200.12 +6.67%
2009-12-28 - 2010-01-01 +48 +$51.15 +1.7%
2009-12-21 - 2009-12-25 +73 +$80.09 +2.66%
2009-12-14 - 2009-12-18 +260 +$288.6 +9.62%
 
 
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