Forex trading signals
HOWARD FRIEND, CHIEF MARKET STRATEGIST
Since 1st January 2010 I have been sending out systematic trading signal alerts directly to our clients throughout the trading day. The trading signal alerts are generated by algorithms which I have developed and applied to a range of FX pairs and are 100 percent objective in that no judgement about the fundamental or technical state of the market is required.
The systematic approach
A trading system is a set of rules which govern all of the conditions for trade entry and exit based on a set of variables which have produced a steady stream of profitability with acceptable drawdowns in the past. Before each trading system enters a trade all of the key information such as entry price, stop-loss and profit-targets are known, eliminating the twin demons of greed and fear from the trading process.
About the systems
Assuming that all of the entry criteria have been met, the trading systems are only permitted to enter one new trade per day with each system’s unit size being divisible by 3 so that profits are taken at three separate target levels in equal amounts. The trade is managed dynamically as the stop is automatically moved in the direction of the trade as successive profit targets are met, thereby reducing risk and locking in profits.
At present we are running five trading systems, EUR/USD intraday, GBP/USD intraday, EUR/USD multiday, EUR/JPY multiday and AUD/USD multiday, and plan to roll out more trading systems over time.
To gain access to my trading signal alerts you will need to be a client or a business partner of MIG BANK, and you will receive the trading signal alerts in the mailbox of your MIG Trading Station throughout the trading day. You can also elect to receive the trading signal alerts by e-mail.
Performances
Subscription
The forex trading signals are available for MIG BANK clients. Not yet a client ?
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