Earnow Currency Trading Signals Provider
Online, November 10, 2010 (Newswire.com) - Quite new currency trading signals provider called Earnow has been announced to the wide public recently. At the moment it is discussed among wide circles of traders, which attract really much attention to it. And its signals are gaining subscribers pretty fast. At this rate it is necessary to tell the public about the basic principle of the system's performance and the major points to remember about its signalling.
At first it is necessary to admit that the system, according to which the currency signals are given has performed quite long already and gained reasonable results. For the latest 7 months the account growth counts 90%, which is quite big number in the modern world of financial markets. Maximum drawdown counts 7.2%, showing that risk-management is not the weak point in this strategy. At the same time 90% of currency trading signals, given by the provider, have been profitable, which also is an indicator of pretty stable performance. The trading is usually held with one lot, but sometimes two lots can be used at the same time, if there is a possibility to open additional positions.
Speaking about the trading style and methods used for analyzing the market, it is necessary to admit, that fundamental analysis plays an important role there. But at the same time such technical tools like RSI, EMA, AC and MACD are implemented. Besides that, the support and resistance lines are used by the system developer for making the precise analysis. It is also necessary to admit that minimum account amount required to follow this provider is only $3.000, which makes his currency trading signals available for many people.
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Tags: currency trading signals, market, System