Discretionary/manual trading strategy with narrow focus on EUR, GBP and EUR/GBP.
Exploits market flow and liquidity runs around London and NY open, looking to close 80% of the trade within 1-2 days. Efficient in both ranging and trending markets.
Strategy based 90% on price action and 10% on (two) indicators.
UPP has 3 main objectives, listed below, in order of importance:
- a steady return of 5% per month, with minimum drawdown and exposure duration
- continued improvement of specific aspects of the strategy (see below)
- transparency, open communication and inviting dialogue with traders & investors.
Currently, special focus is on:
- managing risk, specifically not letting drawdowns spiral out of control
- diligently working on improving exits, which will result in more Bonus ROI months (see July)
Investors who are looking for a lot of action on behalf of their Darwins might be disappointed with this specific one. I prefer not to expose myself to unnecessary risk, and I will stop trading for the month if the target ROI/month is attained.
UPP is very much a work in progress, and there’s still a long journey in improving this strategy. I don’t want to bore anybody with unnecessary details, but I’m happy to elaborate if you guys have questions.