ProFx 7 | M5 | (by Forex21)
Gain: | +76.79% |
Drawdown: | 16.53% |
Pips: | 47589.6 |
Trades: | 934 |
Won: |
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Lost: |
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Type: | Demo |
Leverage: | 1:500 |
Trading: | Unknown |
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ProFx 7 | M5 | Discussion
And here is how it panned out.

[1] When the price hits the resistance first time, the resistance will probably hold.
[2] The second time it will hold most likely as well.
[3] The third time chances are 50:50.
[4] The fourth time the resistance will most likely break.
[5] When the price comes there at the beginning of the London or NY session, chance of break out increases.
Note that with ProFx we look for trends and momentum. For short term trades we are interest in 'the move'.
Happy Trading!

[1] When the price hits the resistance first time, the resistance will probably hold.
[2] The second time it will hold most likely as well.
[3] The third time chances are 50:50.
[4] The fourth time the resistance will most likely break.
[5] When the price comes there at the beginning of the London or NY session, chance of break out increases.
Note that with ProFx we look for trends and momentum. For short term trades we are interest in 'the move'.
Happy Trading!
Do you trade only GBPUSD and EURUSD or also other pairs?
Freddy123 posted:
Do you trade only GBPUSD and EURUSD or also other pairs?
GBPUSD is the go to instrument for the bread and butter trades.
EURUSD is traded when there is a great setup and every now and then I trade indices. Here is how ProFx works on indices. The open position is already 7200 ticks up.
