FXTopGunTrading trader's profile

Hi my name is Ben Williams and I've been trading currencies since Jan 2005. Before that I traded options on stocks back in the late 90's and e-mini futures such as the S&P 500 and the Nasdaq 100. I very much love trading the e-minis but had to make a decision on staying focus on just one instrument for trading so to some day master a particular technique for super-financial success. Forex became my choice with a focus on EurUsd, GbpUsd and the AudUsd currency pairs.

Short Term Trend Trades: A technical trading method based on a set of multi-moving averages that functions as a cross-over system that analyzes the structure of price and it's buy-sell pressure: This Is A FX TopGun Trend Trading System. Trades can remain open 7-10 days or less (some times a little longer when looking for a large trending move) with a potential high drawdown occurring during retracements from the Trend of between 350 and 550 pips per open position (Max Open Trades: 5 to 7 max). Efforts are made in an attempt at keeping drawdown (DD) to within 3.5% to 7.5% but can at times reach 20/25% during major retracements from the Trend. Trend Trading is very different than short term trading, some trend trades are quick and fast while others are slow and take time to fully develope. Welcome to FXTopGunTrading.