- Average Pips per Week:-10 (Gross Pips: -147)
- Average P/L per Week:+0.42% (Gross P/L: +6.67%)
- Maximum Equity used:13.89% (Jul 2, 2018, 9:10:00 PM)
- Test started:Apr 30, 2018 (Running 15.4 weeks)
Description from product owner: Onikami Capital utilizes a proprietary and dynamic trading strategy involving the most liquid G-7 currency pairs that include EUR/USD, AUD/USD, USD/CAD, USD/JPY and NZD/USD. Our trading tools and analysis are designed to detect market patterns on particular currency pairs; these patterns may be identified through a myriad of technical and market indicators. Due to the relative stability of certain currency pairs over defined time periods, our methods identify when a pattern has been temporarily breached due to an increase in market volatility. Our strategy initiates long or, short trades on a currency pair during a pattern disruption and realizes profits when the pattern has been restored. The managers of Onikami Capital look for breakouts, pull backs and reversals in the Forex Market. Support and resistance levels are discretionally observed whilst also monitoring order flow to substantiate directional bias. Fundamental macro events are heavily factored into trading decisions. Our time horizon on a particular trade may range from 1 day to 3 months.