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dragon21 – High Returns FX

by admin on May 19, 2010

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Rating: 1.3/5 (3 votes cast)

dragon21 - High Returns FXdragon21 – High Returns FX is a Forex Signals provider. dragon21 – High Returns FX is providing Autotrading Forex Signals on the zipsignals.com platform. dragon21 – High Returns FX monthly fee is 100 usd. that’s a lot of money for a poor performance. Actually dragon21 – High Returns FX performance is about -18% monthly average.

Their description is:

This is my manual system trading the 4HR and 1HR time frames mainly on xxx/JPY and xxx/USD.

My trading is based 80% on technical analysis and 20% fundamental analysis.

I look for highly confluenced areas (using S/R, fibs, round numbers) for high probability trades using equity markets and commodities as an additional confluence factor.

Update 11th May 2010:

Please ignore the big drawdown in equity suffered last week, this was due to the ‘trader error’ that caused the dow to plunge 1000 pips intraday. I had no subscribers at the time and thus just left the trades as knew they would come back into profit. If I did have subscribers obviously I would have stuck with normal risk management and closed the trades for a loss and re-entered on the way back up as I did on my personal account.

Going forward maximum DD will be circa 25-30% in extreme cases and expected monthly increase in balance is 30%+

http://www.zipsignals.com

dragon21 - High Returns FX, 1.3 out of 5 based on 3 ratings

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