Statistic and Probabilistic Trading: USDx

Statistic and Probabilistic Trading

Thursday, May 19, 2011

USDx

USD index (USDx) key support @ 75.12.

Posted by Mauro Andrade at 11:36 AM

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About Me

Mauro Andrade: Rio de Janeiro, Brazil; I am a Forex and CFDs professional trader with a profound trading experience. My trading system relies basically on statistical analysis to provide high probability trades. Trend following gives the extra support. Apart from only taking high probability-like trades, my method limits risk by only performing those trades with no less than a 1:2.5 Risk/Reward ratio and risking a maximum of 30 pips per trade. Money management is inversely proportional to the probability of each trade reaching its initial profit target. This systematic approach provides for a boisterous trading regimen. My system doesn't rely on any fundamental analysis. From time to time, I will be offering my views of the market for short, mid and long-term time-frames.

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