Posts by Signals365
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May 16 at 04:42
Hi jmbp, the strategy systematically responds to price action patterns and aims to take short term trades with minimal drawdown. It has been designed for traders with smaller accounts doing funded trader challenges and who are required to keep drawdowns of floating equity below 10%. For example, a 10k account would instead take trades of 0.5 Lots (1/10th). It isn't tied to trading any particular forex pair, rather looks for pairs that are exhibiting temporary price patterns with tight spreads that present high probability trade opportunities. Choice of broker is also very important as their spreads can impact profits significantly. Kind regards
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