I have been trying a new strategy since Jan 2016. I swing trade on a combination of fundamentals and technicals. Trades are based on daily charts and use a combination of RSI (14), MACD, Slow Stochastics, Bollinger bands, and MA's. Monthly pivot points and Fib levels are also used from time to time to establish reversal levels. I usually require confirmation from least 2 indicators before I establish a trade. My goal has been to get at least is 3-4% per month.
I prefer to keep my drawdown under 20%
The drawdown was twice as high as I wanted in June since i loaded up on USD/JPY longs, but the trade did work out in my favor. Since then the drawdown has been within my parameters.
Here are my results so far:
https://www.myfxbook.com/portfolio/b...trader/1530968
Up 72% on the year.
And everyone can AutoTrade my strategy for free through myfxbook by clicking on the above link!!!
I prefer to keep my drawdown under 20%
The drawdown was twice as high as I wanted in June since i loaded up on USD/JPY longs, but the trade did work out in my favor. Since then the drawdown has been within my parameters.
Here are my results so far:
https://www.myfxbook.com/portfolio/b...trader/1530968
Up 72% on the year.
And everyone can AutoTrade my strategy for free through myfxbook by clicking on the above link!!!