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Euro Trading System
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Developer: Boomerang Trading Systems |
Market Sector: | Currencies |
Markets Traded: | |
System Type: | Swing Trading |
Risk per Trade: | varies |
Trading Rules: | Not Disclosed |
Suggested Capital: | $15,000 |
System Cost: | $99.00 Monthly Subscription |
Results Available?: | Yes View Performance» |
System Description: | Euro is a long term strategy designed to trade Euro Fx contract. It is an option for the investors who like to benefit from the large market trend due it was developed to take advantage of the trends (bullish/bearish). The average duration of the trades is 25 days. It uses a mix of tools in order to identify the beginning and the exhaustion of the trend. ENTRY LOGIC Euro, uses a tool to identify the long term trend and other to identify the power and consistency of the last movements. When both converge a trade is generated. Sometimes the entry of a new trade could be the exit of the previous trade. EXIT LOGIC Euro uses a tool to identify the long term trend and other to identify the power and consistency of the last movements. Sometimes the exit of a trade could be the entry of a new trade (Reverse the position). It also has trailing stop and stop loss. MONEY MANAGEMENT Once a trade is generated, a trailing stop and stop loss orders are set. In other hand the tools used for entries and exits work together as a kind of trailing stop. ORDER TYPES At market |
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