How Nirvana Make Pips on Zulutrade (3)

After 1 week of testing, I think, this is how 'Nirvana Forex' system make money in forex trading. I wrote about its trading method here.

And here are the final results of the two examples of trade setup which I illustrated earlier:

Short GBP/USD
Sold 1st lot at 2.0334, Covered 2.0305, Profited 29 pips, Drawdown -49
Sold 2nd lot at 2.0369, Covered 2.0306, Profited 63 pips, Drawdown -13
Total pips: +92.
This was a straight-forward winning setup.

Short EUR/JPY
Sold 1st lot at 165.12, Covered 165.09, Profited 3 pips, Drawdown -137
Sold 2nd lot at 165.12, Covered 165.09, Profited 3 pips, Drawdown -137
Sold 3rd lot at 165.35, Covered 165.05, Profited 30 pips, Drawdown -113
Sold 4th lot at 165.41, Covered 165.04, Profited 37 pips, Drawdown -108
Sold 5th lot at 166.18, Covered 165.46, Profited 72 pips, Drawdown -31
Sold 6th lot at 165.71, Covered 165.31 Profited 40 pips, Drawdown -40
Total pips: +185 pips.
Eventhough the overall drawdown at one one point was -380, still, the 'system' managed to pull it off. Very impressive.

Overall, it is still a high risk strategy and you probably need a fairly large bankroll to maintain your positions as there could be 15 - 20 lots being opened across various markets at one time. If you prefer this type of adventurous style trading, I would suggest $3000 -$5000 for a mini account. Last but not least, let hope for its long lasting 'golden' performance.

See also:
Nirvana Forex in Trouble

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