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Chancellor
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Bio:
System emphasises on consistency and strict risk management
Trading Style:
The system is designed to trade Forex and Gold. The system trading frequency is low with greater emphasis on number of winning trades. Further the primary driver behind any trade decision are only two: Risk and Volatilty. Trades are selected and executed in a manner so as to keep the volatility low and profits consistent. Trade signals are generated and executed on the basis of these factors: 1. alignment with the larger trend and market sentiment 2. favourable stop loss levels at the time of entry 3. small profit targets 4. small leverage 5. selection of best performing instrument in a given pack 6. account size and client preferences towards risk appetite Trades are designed on 1H charts for entry and stop/profit targets are set on 1H/4H chats. Basic tools of analysis used are: 1. Support/Resistances 2. Trendlines 3. Fibo retracements 4. Basic candlestick patterns 5. Price action 6. SMA Defining parametres of any trade are: 1. Client preferences and risk tolerance 2. Risk to reward 3. general alignment with broader market environment to qualify a continous/reversal trade 4. account size
Motto:
"Its possible"
Experience: More than 5 years
Location:
Vouchers:
Registered: Aug 28 2010 at 16:19
Recent Posts All
In time required for verifying new accounts Sep 01 2010 at 11:08
In time required for verifying new accounts Sep 01 2010 at 10:41
In Valbury Aug 31 2010 at 07:26
In time required for verifying new accounts Aug 31 2010 at 06:50
In time required for verifying new accounts Aug 31 2010 at 05:14
In time required for verifying new accounts Aug 30 2010 at 17:02
Chart
Systems
Name Gain Drawdown Pips Trading Leverage Type
Mantra Trader -99.79% 99.80% -496.0 Manual 1:100 Real
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
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