Xylocaine is a very conservative trading strategy. Trades with very small stops are executed and only one trade per currency is opened at a time. It is the best solution for clients looking for conservative trading with low risk strategies. The frequency of trades is high but with very short stop levels.
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Traded Currencies |
EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD, NZDUSD, USDCAD |
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Average Trade Duration |
1-4 Days |
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Average Number of Trades per Month |
70 |
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Stop Loss |
30 pips |
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Profit Target |
30-100 pips |
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Maximum Open Positions per Currency |
1 |
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Recommended Trading Amount |
Mini Account: |
$2000 |
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Regular Account: |
$20,000 |
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