sh3rmfx

Donchian Channel Breakouts on EURAUD 2013

FX:EURAUD   Euro / Australian Dollar
165 2 0
Breakouts of the 60 bar high/low ( Donchian Channel) on the hourly charts for EUR/AUD             can be taken for good profits this year. Stoploss of 25 pips and take profit of 75 pips has been profitable. Don't trade in the same direction as the last trade if it was a winner. Only take advantage of the initial trend breakout.
Backtesting since the start of the year, 85 trades, maximal drawdown $3353 (15.16%), profit $10375 on $10000 account. Return 205% in 10 months.
Reply
After this last trade, we will be searching for a breakout of the 60 bar high for an entry.
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out