whyfxt

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Cashback

Joined Sep 06, 2013

Connections 1

Experience No Experience

Location Kenya

Bio

This is a price action system trading trends and counter-trends on the Major currency pairs of the hourly charts. The system uses momentum, resistance, support and chart patterns to determine entry and exit points. No other indicator is used except price. The risk/reward is 1:1.75.

Trading style

Automated, technical analysis, more so price action.

Motto

http://instaforex.com/pamm_monitoring.php?trader=5230109

Chart

Systems by whyfxt

Name	Gain	Drawdown	Pips	Trading	Leverage	Type
FxT	-99.90%	100.00%	956.2	Automated	1:1000	Real
FxTDEMO	10.10%	49.79%	389.3	Automated	1:500	Demo

Recent Posts

Hi Guys, how long you hold position ? (in Profit or Loss)

According to 'statistics' 95% of traders lose money, and most of it has nothing to do with the broker or trading platform but the traders' strategies. Most scalping systems eventually lose. It is important to hold on as long as possible with predetermined SL and TP zones.

2701

Sep 09, 2013 at 05:23

FX Manager Listing Board

Just an after thought. As a trader, it's never about the money! If one cannot manage small amounts it follows then that they cannot manage bigger amounts too. What matters to potential investors is consistency and if the trading strategy meets their risk criteria.So, everyone is welcomed to put...

50205

Sep 07, 2013 at 08:08

FX Manager Listing Board

@crashnev Sorry for wasting your time. You are lucky to have deposits of millions and never having had a drawdown of more than 30!!!!Everyone is here for there own reasons. Investors use all metrics available and only take interest in what suits you.

50205

Sep 07, 2013 at 08:07

FX Manager Listing Board

Hmmm...i post only as an aspiration and a challenge. Hopefully in three months we can all decide whether i'll be a 'Sorry, but this system was deleted by it's creator.' I look forward to constructive engagement. Kindly monitor http://www.myfxbook.com/members/whyfxt/fxt/685995

50205

Sep 06, 2013 at 18:16

Hi Guys, how long you hold position ? (in Profit or Loss)

better said....

2701

Sep 06, 2013 at 18:16

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.04853	GBPUSD	1.25755	AUDUSD	0.65106
USDJPY	154.401	USDCAD	1.39602	USDCHF	0.88957