INDEX trades GBPJPY with R/R close to 1:3 and large gainers are seen regularly with intermediate small losing phases. On an average large gainers (>250 pips) are seen about 5 times per year. Since March 2018, INDEX has has 4 large gains (+228, +243, +439, +615). The last trade went on to hit the TP of 600 pips with some positive slippage. SL losses are always maintained at -100 pips and most trades are closed for smaller losses when trade direction is no longer in line with the the entry conditions.
The historical data is provided below
(We have also shown in the INDEX technical report that Live trading match backtests trades very well)
We acknowledge the role of luck in trading, however any trading or strategies cannot survive on luck. We believe that any trader or developer can only put odds in their favor by a small percentage and use proper risk + trade management to make reasonable gains. The positive R/R enables INDEX (along with trading uncorrelated pairs/timeframes/strategies) enables it to recover from losing phases much faster than any of our other strategies.
3rd Jan 2019 Asian Market Crash : How the INDEX trade gained 600 pips?
INDEX GBPJPY trade was open with floating gain of +200 pips prior to the current crash. The trade had been open since 31st Dec. Flash crashes are generally seen in the same direction of the trend (may not always be the case (system failures can happen in any direction). Phibase started trading Yen pairs only after INDEX strategy was developed - this is largely because the strategy has a lot more market information to factor into the trade. In most cases the overall trend direction is maintained. INDEX trades are likely to benefit from flash crashes. Among all strategies we have researched and developed, INDEX is relatively safest for trading Yen pairs - the risks associated are well compensated by the rewards offered by trading this pair.
Please refer to the Phibase technical trade recommendation published on 2nd Jan 2019 : https://forexsignalport.com/Free-Manual-Technical-Trading-Signal-20190102-GBPJPY.html.
As per this trade setup, a drop to 134 level was very much expected as it was the completion leg of the Crab Harmonic pattern. We are of the opinion that many large positions had stops placed below 133.8 level and once they got triggered, the slip to 131 was imminent.
In case INDEX was holding a LONG prior to the current crash, the SL of 100 pips would have been triggered about 15 minutes prior to the 600 pip drop.
In the rare event that the Phibase portfolio has a trade in wrong direction, the loss would be as per the risk level used and well within max drawdown expected.
Assuming a worst case 500 pip drop with stoploss not being honored would lose about 10% of the equity (at default risk 2%). The equity loss would be 15% at risk 3%. This is a risk that should be factored into trading.
Many EAs/traders set risk based on most recent good performance without considering the max drawdown the system has seen in past when trading with such risk, accounts are usually blown out. Grids/Martingales almost always blow out accounts during such events.
We always recommend risk keeping in mind the worst-case DD. This makes our gains look smaller and lagging other EAs on performance leader boards. Our goal is to perform consistently over long term and give the strategies a chance to prove their potential.
If you are new to Forex trading, you can find more information on Forex trading, brokers and strategy analysis methods at Forex InfoBook, ForexGermany and BabyPips.
Attractive section of content. I just stumbled upon your site and in accession capital to assert that Free Forex Signals I acquire in fact enjoyed account your blog posts. Anyway I’ll be subscribing to your feeds and even I achievement you access consistently fast.ReplyDelete
Great Post. Articles That Have Meaningful And Insightful Remarks Are More Enjoyable, At Least To Me. It’s Exciting Free Forex Signals To Read What Other People Imagined And How It Relates To Them Or Their Clients, As Their Perspective Could Help You In The FutureReplyDelete
I want the world to know about where to invest their hard earned money and get fruitful returns. If one is looking forward of investing he can go into investment of crypto coins.ReplyDelete
You can invest in Fudxcoin company that deals in the selling and purchasing of Crypto Currency. It is a reliable company. One need not doubt in investing in it as i have also bought crypto currency from it and feeling very satisfied with their services.
crypto currency block chain technology
Parts made utilizing titanium 3D printing come out with the identical density as these machined utilizing subtractive methods. It must be noted that titanium in general may be challenging to machine. In addition to an entire vary of mill merchandise, TIMET presents value-added services and custom merchandise. As a number microtouch titanium trim one} mining machinery producer and exporter in China, FTM is always right here to give you high-quality products and services.ReplyDelete
Most drawback playing councils are nonprofits funded by casinos, lotteries and sportsbooks. In practically each one of many 33 state legislatures which have legalized sports playing, the payments mandated the playing operators themselves present funding for drawback playing councils. Mike pushes for her opinion, so Brown sidesteps by mentioning variety of the} issues which might be} most typical 퍼스트카지노 to drawback playing. Is playing fun and entertaining, or a compulsion that you turn into preoccupied with? She'll often inform individuals verify out|to take a glance at} Gamblers Anonymous' 20-question survey, which covers variety of the} same matters and features a assertion nearly all} drawback gamblers reply yes to seven or more questions. Within 30 days after the occasion, the organization shall submit a monetary report that lists all of the receipts and expenditures for the Casino Night occasion.ReplyDelete