Dear Traders and
Community Members,
             I
launched ECR JForex Strategy in OCTOBER ‘2011
strategy contest. It’s been over Three Months and its Demo Performance has been
very good in spite of the hard times many forex trading strategies have been
through in STRATEGY CONTEST.
         In
this article I am going to review of very simple strategy ECR’s last three month’s
performance and also Explanation of this strategy.
                In
the last three months except NOVEMBER “ECR” gave very steady profit over the
pairs of EUR/USD and AUD/USD.
Introduction about ECR:
                In that
strategy I used three indicators to create LONG and SHORT trade.
Indicators
Are,
                Ema
– Exponential Moving Average, Time Period – 34.
                Cci
– Commodity Channel Index, Time Period – 14.
                Rsi
– relative Strength Index, Time Period – 14.
I
Used 10 mins chart for this strategy on both the pairs EUR/USD and AUD/USD.The
ECR trades are on the pairs that take about 30 pips in profit and 50 pips in
Stop loss.
                TAKE
PROFIT LEVEL = 30 PIPS,   STOP LOSS LEVEL
= 50 PIPS.
Performance of ECR:               ECR Produces
above 80% of winning trades…
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