Currencies Traded
Four currency pairs are traded namely; EUR/USD, GBP/USD, USD/JPY and USD/CHF. Apart from Forex, our traders execute transactions in Gold, Oil, S&P 500, NASDAQ and Dow Jones. Most commonly traded are the spot forex currency pairs. The Oil, Gold, Indices are not traded often but when traded we look at but not exclusively.
Equity Allocation
Each currency pair follows a different trading technique. Normally our traders deal in more than one currency pair at a time, dividing equity respectively. We also make sure to complete a trade within a day without leaving it open for next day (more than 80% times).
Leverage Used
Our forex broker offers us 1:100 leverage facilities. We use 10% of the equity in active trading and rest is left reserved for backup. In other words, against equity of $10,000 one standard lot is dealt, normally.
Stop Loss and Risk Control
Unlike any other company, at Next Consulting Ltd risk limit defined is maximum possible loss for an investor. Anything more than defined risk limit is responsibility of company. Secondly, our traders always make sure to close bad trades in time without compromise to ensure best risk control practices.
Fundamental Analysis
Daily news sourcing obtained from private contacts, banks and news subscription providers, coupled with in-house Fundamental Analysis on Global Events and Calendar, Geo-political appraisal.
Technical Analysis and Trading Tools
Differing technical tools have been tried and tested over the past 16 years the set we currently use we find to be the most consistent and have stuck with them over the last 11 years. All our systems are under a constant ongoing revaluating process for maximum efficiency. Every days trading is analyzed to see where we can improve on profits where we can save on losses. |