System Description:
- System Name: BPound60213
- Trades British Pound vs. US Dollar (GBP/USD)
- Uses Contrarian Logic and Technical Indicators
- Trades on 60 Minute Chart
- Trades on unique combination of new and traditional indicators
- Average Monthly Return 360+ pips
- Greater overall profits means possibility of larger drawdown
- Overall Profit Factor 1.76 (includes slippage allowance of 5 pips/rt)
- Risk factor rated as moderate
- Maximum Single Trade Run-up 611 pips
- Maximum Single Trade Drawdown 711 pips
- Appx. 80% winning trades
- Enters each trade with 2 lots and takes profit on 1 lot to protect profits
- Typical recovery time after drawdown 4 weeks
- Recommended account size - full lots: $25,000.00; mini lots: $2,500.00
- Stable and reliable system
© 2006 by Winning Forex Systems and Robert Martin Kissel; all rights reserved