Trading in the direction of fundamentals.
Entry is judged using technical support, resistance and divergence.
Exit is at fair value - at a level previously reached when the same fundamentals were in play.
Trades are held until fair value as long as fundamentals prevail.
Profit is taken every 90-100 pips along the way to fair value, with re-entry on pullbacks if risk:reward remains favourable.
Every trade is hedged using cross-pairs or indices to prevent a large net correlated position on a single instrument. This reduces risk and, in fact, increases profit potential as more positions can be safely opened.
MFE and MAE Distribution Point Graphs
Maximum profit (MFE) and maximum loss (MAE) values are recorded for each open order during its lifetime. These parameters additionally characterize each closed order using the values of the maximum unrealized potential and maximum permitted risk. MFE/Profit and MAE/Profit distribution graphs display each order as a point with received profit/loss value plotted along the X-axis, while maximum displayed values of potential profit (MFE) and potential loss (MAE) are plotted along the Y-axis.
Place your cursor over parameters/graph captions to see the best and worst trading series. Find out more about MAE and MFE distributions in the article Mathematics in Trading: How to Estimate Trade Results.
The average slippage based on execution statistics on real accounts of various brokers is specified in pips. It depends on the difference between the provider's quotes from "ETXCapital-Live Server" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.