Re – Winning Trade for FX Crossover on Usd/Cad

Just wanted to mention as well that this strategy is sold with a different trading style to one we’re using to trial it (ie 100 pip profit limit, 100 pip stop loss).   Their style is more long term with the market itself allowed to determine the exit points.

Their style can put you in some really big trades – for example the usd/cad trade which closed as a 100 pip winner with us a couple of days ago was up 500 pips as of yesterday using their exit strategy.  Back-testing the system i’ve occasionally come across 1000+ pip moves so the potential is there for some big profits.

Its all about your trading preference & mine is for regular winning trades but the beauty of this strategy, along with our entry/exit rules,  is that it gives you the choice.

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