Av monthly growth: 4%
Max Drawdown 15%
Each trading position will be a max of 10 lots per £100,000. Average 2 lots per £100,000.
A fundamental discretionary approach to form a bias from a global macro-economic perspective. Thus forming an idea of market sentiment, I will use this information combining technical analysis of levels to capitalise on currency moves.
I trade pull backs to technical levels in line with the fundamentals using the real time news feeds. I will scale in if the price goes against me to build a position.
My stop size will vary depending whether the trade is daily sentiment or fundamental.
Each position will be a max of 10 lots per £100,000.
TP will usually be the fair value price that i see for that pair. Or I will exit the position if I feel the sentiment has changed.