whyfxt

Joined Sep 06, 2013

Connections: 1

Experience: No Experience

Location: Kenya

Profile

Bio

This is a price action system trading trends and counter-trends on the Major currency pairs of the hourly charts. The system uses momentum, resistance, support and chart patterns to determine entry and exit points. No other indicator is used except price. The risk/reward is 1:1.75.

Trading style

Automated, technical analysis, more so price action.

Motto

http://instaforex.com/pamm_monitoring.php?trader=5230109

Systems by whyfxt

Name

Gain

Drawdown

Performance

FxT

Real

1:1000

MetaTrader 4

-99.90%

100.00%

FxTDEMO

Demo

1:500

MetaTrader 4

+10.10%

49.79%

Recent Posts

Hi Guys, how long you hold position ? (in Profit or Loss)

According to 'statistics' 95% of traders lose money, and most of it has nothing to do with the broker or trading platform but the traders' strategies. Most scalping systems eventually lose. It is important to hold on as long as possible with predetermined SL and TP zones.

2895

Sep 09, 2013 at 05:23

FX Manager Listing Board

Just an after thought. As a trader, it's never about the money! If one cannot manage small amounts it follows then that they cannot manage bigger amounts too. What matters to potential investors is consistency and if the trading strategy meets their risk criteria.So, everyone is welcomed to put...

53375

Sep 07, 2013 at 08:08

FX Manager Listing Board

@crashnev Sorry for wasting your time. You are lucky to have deposits of millions and never having had a drawdown of more than 30!!!!Everyone is here for there own reasons. Investors use all metrics available and only take interest in what suits you.

53375

Sep 07, 2013 at 08:07

FX Manager Listing Board

Hmmm...i post only as an aspiration and a challenge. Hopefully in three months we can all decide whether i'll be a 'Sorry, but this system was deleted by it's creator.' I look forward to constructive engagement. Kindly monitor https://www.myfxbook.com/members/whyfxt/fxt/685995

53375

Sep 06, 2013 at 18:16

Hi Guys, how long you hold position ? (in Profit or Loss)

better said....

2895

Sep 06, 2013 at 18:16

whyfxt's Reviews

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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. Past performance is not indicative of future results.

EURUSD	1.15845	GBPUSD	1.32332	AUDUSD	0.65275
USDJPY	156.339	USDCAD	1.40391	USDCHF	0.80497