Trading strategy: Our approach to the Forex market is a mix of technical analysis and fundamental analysis. This is supported with good risk management and strong psychology which are necessary for long-term success.
Before opening any trade, we undertake a fundamental analysis by reading all news from the market and checking the economic calendar. Sources we use to collect this information are: Reuters, CNBC, Bloomberg, Wall Street Journal, Financial Times, Dow Jones Newswire among others.
To understand the economies of the various countries we use data including: GDP, interest rates, inflation, and unemployment rates. We believe the economic health of a nations economy is an important factor in the value of its currency.
We watch and listen very carefully to what chairman of the Fed Jerome Powell, BOE GOV Mark Carney, ECB President Christine Lagarde and other central bankers have to say. Often during their speaches we do not make any trades because they sometimes have a high impact on the market.
After we make our fundamental analysis, we look at charts and make our technical analysis. We use indicators such as: ADX, RSI, Fibonacci, Japanese Candlestick Patterns and Moving Averages. Checking trends on higher time frames, drawing trend lines, and looking for strong support and resistance.
Every trade we make using technical indicators needs to have support in fundamentals. Fundamentals give the wind at the backs of our open trades. This is why we stated at the beginning that our trading strategy is a mix of technical and fundamental analysis.
Also, we using tools as Expert Advisors and Scripts which help us to open and close orders faster.
Expected annual return: Between 90% to 180%(*)
Expected annual maximal drawdown (Expected max.relative drawdown) : 25%(*)
Performance fee: 40% on profits on accounts based on the “High Water Mark” principle.
Minimum capital requierment: 1000€
Maximum capital allowed: 1,000,000€ or higher under case by case study.
Safety limit (in floating equity loss ) to closure of all trades: 40%
(*) The data above is related to potential gains and/or losses and it’s nature is purely informational and statistical. The information is based on estimates taking into consideration what happened in the past applying the same trading strategy.
The published data in the above lines regarding the Specifications about the profit/loss or safety limits characteristics of the PAMM are referred to the Master account driving the trades to the PAMM by an internal copy process.
Both Master account and PAMM accounts are set to a 1 to 1 risk factor and therefore the risk taken in the Master is exactly the risk taken in the PAMM.
It may happen that the PAMM values will not match the above numbers as the capital involved in the PAMM is variable and increasing/decreasing depending on deposits/withdrawals of the individual clients accounts.
The SMFX IT´s Team will be glad to answer your aquestions about this topic by email or skype.
In any disagreement case with the results of any account(s), clients should refer to us, via email to firstname.lastname@example.org and request to close the open trades and/or disconnect from any of the systems.
No open trade will be closed by Solidary Markets NZ in order to achieve a certain level of profit or loss.
Past performance does not guarantee future results.
Forex trading is a high risk activity to be carried out only and exclusively with capital that if lost will not compromise our financial situation in any way.