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Old 03-05-2007, 12:51 PM
GFSignals GFSignals is offline
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Join Date: Apr 2006
Location: USA
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Two new strategies for your consideration

Two new strategies presented by our new Forex traders have been tested at our site recently.

The first one which is provided by Forex trader JPYSun rooted in Elliott Wave Theory, Fibonacci numbers, Bill Williams indicators and fundamental news. It is supposed trading with no more than 5 of concurrent lots with this strategy. A drawdown with it is up to 20 pips. It has been tested on the next currency pairs: EUR/JPY, GBP/JPY, USD/JPY, EUR/USD. For the last 4 weeks of its testing it has brought +631pips of profit with 70 signals. The shortest trade during this time is 6 Hour 37 Min. The Longest trade 3 Days 6 Hour 20 Min.

The second one is presented by Forex trader Accutrader and based on 10% of fundamental and 90% of technical analysis. It provides for 15- 60pip risk per trade. All signals come with stop loss at the same time. Risk/reward ratio = 1:1 to 1: 10 depending on the trade ( 1:3 in most cases ).
Trade duration is normally within hours, no more than 2 days, unless profit keeps growing. “We do not hold position open for days with 200 pip floating loss and hope market will come back, all stop loss are set when trade is initiated”, says Accutrader about his strategy.
It works on 6 major currency pairs and cross rates. For the last 4 weeks of testing there were 14 signals, 11 of which were profitable. The whole profit comes to +174 pips. Win ratio is 84 %. Maximum number of concurrent lots is 1. The shortest trade is 33 min, the longest one is 1 Day 17 Hour 27 Min.

The whole signals history of these new strategies you can find at our site: http://www.gfsignals.com/performance-forex.php
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