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FX Global Private (By fxglobalpamm)

The user has deleted this system.

FX Global Private Discussion

Aug 27, 2014 at 10:54
402 Views
4 Replies
Member Since Aug 20, 2011   588 posts
Aug 30, 2014 at 00:17
good start!!!

can you describe your strategy?
are you using an EA? or its a manual trading system + trade copier?
have you back tests available? (as the current history is too small, a back test can give us some information on the risk etc...)
thanks.
Member Since Aug 24, 2014   3 posts
Aug 30, 2014 at 11:57
Hi,

thank you. No, we don't use an EA, we trade manually. Most trades are intraday scalps based on price action, very rarely a trade is open until the next day. We don't add to losing sales and mostly use a tight SL, drawdowns more than 20 pips are rare. Mostly only one trade is open, but in some cases, where the trade is safe in profit, we add another trade and use a SL for both trades in the middle for a BE. We only trade EURUSD and GBPUSD, but most of the time its only EURUSD.

Member Since Aug 24, 2014   3 posts
Aug 30, 2014 at 11:59
Sorry, typo, not 'losing sales', but 'losing trades'.
Member Since Aug 20, 2011   588 posts
Aug 30, 2014 at 12:07
thanks!

so the EA is a trade copier?

'we' means how many traders? :)
Member Since Aug 24, 2014   3 posts
Aug 31, 2014 at 06:39
Yes, the EA is a trade copier. We are 2 traders.
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