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Saturday, February 4, 2012

Trading Time

Most of our trades are opened in the London session. Position holding time can be from a few hours to few day. Our longest time in a trade was 2 weeks and it gave us 600 pips on GbpUsd pair. We never keep loosing positions for more than a day, because our stops are so low. If the trade goes against us it usually gets to stop loss in a couple of hours. We only hold the winning positions for a longer period of time.
We consider our trading style to be very elegant with not many trades opened but the ones we do open are  90% in profit. Our charts are clean and to the point, we dont use unnecessary indicators, only MACD to find the optimum exits. 

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