If you do follow my blog earlier… it is a scary fact to see the stock markets is falling like nobody business. All central banks is now lowering the interest rate and government is also pouring in tons of millions or trillions of money to financial aids trying to save the market. However, it is unlikely that that market will pick up again in weeks.
Instead of looking at stock market, I tried to perform some analysis on the Forex market using technical analysis.
35% ROI on EUR-USD Pairs
I tried on a simple moving average trading system and I manage to achieve a 3.5% ROI in one single day trading EUR-USD pairs.
ROI is 35%
Profit / Loss ratio is 3.6
Percentage of Winning Trade is 55%
(Note: Shorting only)
Well, the winning accuracy is not high, I had only about half the trades winning, but due to my higher profit/loss ratio, I am still able to achieve a ROI of 35%.
DISCLAIMER: This information is used for learning purposes only. It does not constitute an offer or solicitation to buy or sell. You should do your own analysis on top of my postings.
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