Big Bend FX (4K Challenge Account) (By forex_trader_786442)
The user has deleted this system.
Big Bend FX (4K Challenge Account) Discussion
Feb 09, 2020 at 04:12
527 Views
1 Replies
forex_trader_786442
Member Since Sep 20, 2019
6 posts
Jul 09, 2020 at 18:47
Swing system challenge account.
^ Swing trading system focusing on the major currency baskets. Trend and momentum based trading. Low frequency 8-15 trades a month. Average position hold time 1-5 days.
^ Trading experience : 9 years
^ Trading style : swing trading system
^ Currency pairs traded:
-EURUSD, -GBPUSD -AUDUSD, -NZDUSD -USDCHF -USDCAD, -GBPJPY, -AUDJPY, -EURJPY, -NZDJPY
**Based on own price action rules, no hedge, martingale, grid or any other type of dangerous practices are used, such as not closing failed operations**
-Positions may appear large but the overall risk stays the same as we are adjusting risk when adding into profitable trades. Basic system that focuses aggressively on position/risk management.
-Works without slippage issue and with any broker. Max leverage used is 100:1. We do not hedge. Max target risk on any set of trades is 5% with the average of all open trades being 3% risk. Not a high volume system and therefore doesn't pay high commissions to your broker.
-All positions closed and not held over the weekend. Most trades are scaled out of once TP levels are reached thereby providing both intraday and swing trading profit timeframes.
https://www.signalstart.com/analysis/fxpro14-system/91992
Happy Trading!
^ Swing trading system focusing on the major currency baskets. Trend and momentum based trading. Low frequency 8-15 trades a month. Average position hold time 1-5 days.
^ Trading experience : 9 years
^ Trading style : swing trading system
^ Currency pairs traded:
-EURUSD, -GBPUSD -AUDUSD, -NZDUSD -USDCHF -USDCAD, -GBPJPY, -AUDJPY, -EURJPY, -NZDJPY
**Based on own price action rules, no hedge, martingale, grid or any other type of dangerous practices are used, such as not closing failed operations**
-Positions may appear large but the overall risk stays the same as we are adjusting risk when adding into profitable trades. Basic system that focuses aggressively on position/risk management.
-Works without slippage issue and with any broker. Max leverage used is 100:1. We do not hedge. Max target risk on any set of trades is 5% with the average of all open trades being 3% risk. Not a high volume system and therefore doesn't pay high commissions to your broker.
-All positions closed and not held over the weekend. Most trades are scaled out of once TP levels are reached thereby providing both intraday and swing trading profit timeframes.
https://www.signalstart.com/analysis/fxpro14-system/91992
Happy Trading!
forex_trader_786442
Member Since Sep 20, 2019
6 posts
Aug 10, 2020 at 16:08
(edited Aug 10, 2020 at 16:08)
08/10/2020 Edits to system include removing AUDJPY, NZDJPY, NZDUSD and USDCHF for more consistent trading and few positions held at once. Trades are scaled out of in 3 stages. TP 1 TP 2 TP 3. Hopes with this system and account is to make over 1mil in roughly 20 months. Follow for more details. Will wait for proper situations to take slightly more risk and grow account faster it is and will be a slow start in order to keep draw-down to a minimum.
*Commercial use and spam will not be tolerated, and may result in account termination.
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