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System Description:

  • System Name: BPound60213
  • Trades British Pound vs. US Dollar (GBP/USD)
  • Uses Contrarian Logic and Technical Indicators
  • Trades on 60 Minute Chart
  • Trades on unique combination of new and traditional indicators
  • Average Monthly Return 360+ pips
  • Greater overall profits means possibility of larger drawdown
  • Overall Profit Factor 1.76 (includes slippage allowance of 5 pips/rt)
  • Risk factor rated as moderate
  • Maximum Single Trade Run-up 611 pips
  • Maximum Single Trade Drawdown 711 pips
  • Appx. 80% winning trades
  • Enters each trade with 2 lots and takes profit on 1 lot to protect profits
  • Typical recovery time after drawdown 4 weeks
  • Recommended account size - full lots: $25,000.00; mini lots: $2,500.00
  • Stable and reliable system
© 2006 by Winning Forex Systems and Robert Martin Kissel; all rights reserved
BPound60213
Every Saturday we publish each system's latest Tradestation® Performance Report so that you can follow the system's progress yourself.
      This system uses contrarian logic to enter trades. To protect profits the system enters each trade with two lots and will take profits on a single lot once a user defined profit target is reached.  The system uses Stop Loss exits to limit drawdown.
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System Name:
BPound60213
Features:
System Release Date - October 15, 2005
Friday's Weekly "BPound60213"
Tradestation
Performance Report:
View Partial Performance Report