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The system is basically a swing trading system. Positions start building on pull-back, and are added upon when pull-back expands. Maximum entries per position locked to 5. Strict stop-loss settings are adhered to. A position with 5 entries going the wrong way will hit stop-loss - this will happen from time-to-time.
Profit is always taken - either at take-profit set level, or at other calculated level.
Strictly technical analysis, no fundamental analysis used in the equation.
Trading fully automated, however trading parameters recalculated on a regular basis to adjust to market conditions.
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