Swing Trading Strategy - FREE Autotrade on myfxbook

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!!!

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that's very much like the COWABUNGA system .

http://www.forexstrategiesresources..../89-cowabunga/

http://forums.babypips.com/free-fore...ga-system.html

I'm not familiar with the cowabunga system. Is it an automated system? I manually trade.

Loading up on USD/JPY longs, keeping SL at 99

Ended Sept with an 18% profit

I'm now #2 in the autotrade rankings, averaging around 7% a month

Thinking about adding some AUD/USD longs. RBA appears to be on hold for the foreseeable future. Will make a decision before NFP's

took a small loss on the GBP yesterday. I use 0.33/1 leverage on each trade so I can let them breathe if necessary.

I had 2 GBP long trades open, took approx 1.7% loss on each. It wiped out all the profits from my USD?JPY longs for the week.

added a small eurusd & eurjpy long and a usdcad short. Keeping position sizes small until election.

Took a small gbpusd long. Hopefully, it finds some support at the 1.22 level. Keeping position sizes on any GBP pair as small as possible, so I can keep a wider stop. Looking for the pair to get back to the 1.25 level.

planning on buying eurusd on dips. I think the USD will retrace a bit of its recent rally. I also plan on buying usdcad on dips. I think BOC eventually has to cut rates.

exited my usdcad longs for a small profit. Going to hold off on this pair for a while, since its stuck in a range.
I have added to my eurusd longs. I do think some of this dollar strength will recede soon, and eurusd may pop back to 1.11
Im keeping positions small going into the election.

Finally got back to my 3% monthly target after getting hit for 3.4% on the gbp flash crash.

Exited an EUR/AUD long after the AUD jobs report. and made a few pips on my usdjpy longs from yesterday.

I may once again add to my long AUD/USD position on a dip to towards 1.42.

Holding my EUR/USD longs into ECB announcement and added some long EUR/CHF and short USD/CHF.

My current positions will probably be held through the election. I am expecting the recent US dollar strength to subside, and I do expect EUR/USD to retrace the recent decline back to 1.10.

I also expect EUR/CHF to rise back above 1.09 on possible SNB intervention.

Boosted monthly return to 5% this month. Closed some AUD/USD, and EUR/CHF longs. I expect markets to be range bound until the election and I will probably have to hold my core positions into November.

Looking to buy USD/JPY on a dip back to 103

added some NZY/JPY shorts, looking for a 100 pip drop

added some USD/CHF longs on this pullback. It will also hedge my long EUR/USD position.

ended up with 6.4% return for October. Added some EURCHF longs on this pullback. Close my NZDJPY shorts for 30 pips. Looking to buy USDJPY on dips towards 103. Closed my EURUSD longs at breakeven.

added some EURUSD shorts, USDJPY longs and re-entered NZDJPY shorts. Looking for a lot of reversals next week after US election.