Thursday, October 7, 2010
HARVESTING MORE PIPS/ PROFIT IN A TRADE
You can see a trade by trade break down in the member area for each trade taken and also an overview in each month below.
Some highly impressive stuff
As always we will trade what is happening rather than what we believe. No matter what the market direction we are positioned to profit by always putting ourselves in trades in the correct direction through following price action. The 8 hour time frame is proving itself able to withstand narrow ranges and choppy markets. Good things ahead.
Conquer Trading System
The Conquer trading system uses price action for entries along with the True Trend indicator to define the current long term trend of the market providing the opportunity to profit in all market conditions including trending markets along with consolidation phases. The core of the system is the favorable risk to reward ratios ranging from 1:3 to as high as 1:12 on each trade and positions sizes with variable stop losses & targets depending on current market volatility.
The Conquer V2 is able to produce high returns with a very limited draw down and perform well in both trending and non trending market conditions.
Indicators are used to gauge the trend, aside from that the forex system is solely price action based. In the last 18 months the largest draw down has been less than 9%. You can see the amount of pips on the front page of the website, averaging over 5,000 pips monthly.
We use a special custom indicator to view 8 hour charts on the MT4 platform. There is no need to watch the charts or screen at all in between signal periods.
Subscribe to:
Posts (Atom)