Redwingfan

Joined Oct 29, 2017

Posts: 10

Connections: 0

Experience: No Experience

Location: United States

Profile

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Systems by Redwingfan

Name

Gain

Drawdown

Performance

Cash Flow

Real

1:50

Oanda fxTrade

+12.53%

20.01%

Day Trade

Real

1:50

Oanda fxTrade

-10.49%

41.00%

Recent Posts

Best way to flip from Long to Short?

Here is an example of what I am trying to doLets say I am long 5 micro lots (5,000) on AUD/USD from .7045 and it has gone up to .7150 I want to flip short but I do not want to flip short unless it hits .7145 and I want to put 5 1/2 micro lots on (5,500)Do I simply put a stop/loss for 10 1/2 mic...

971

Mar 24, 2019 at 08:28

What is your trading strategy ?

And those two thoughts being traded when your data tells you that a pull back to the mean is in the cards. Only when there is an edge. Not just when a particular pair gets too far away from their mean.

9707

Dec 02, 2018 at 12:33

What is your trading strategy ?

Shorting into strength and buying into weakness.

9707

Nov 30, 2018 at 10:57

How many pips a day ?

"I track all of my trading data/stats in excel. Even my best week after week runs have inconsistent day to day returns. I think a better look at any strategy is to look at your pip totals based on a rolling return. I use 5, 10, 15, 20 and 30 rolling pip returns. I believe that this assessment o...

8044

Nov 17, 2018 at 08:02

What is your trading strategy ?

I am an excel spreadsheet trader exclusively. I think the only time I ever look at a chart is either my equity curve or with my stock holdings. I use momentum based strategy for stocks and a mean revision strategy for forex.

9707

Nov 17, 2018 at 08:02

Redwingfan'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	1.17314	GBPUSD	1.35655	AUDUSD	0.66613
USDJPY	147.447	USDCAD	1.38365	USDCHF	0.79637