Verified Past Trading Performance
PROOF OF STEADY RETURNS
Myfxbook and FxBlue Verified Trading Performance
While choosing a Managed Forex Account or EA, your decision should heavily rely on the company’s verified trading performance. A nasty funds management company can never provide you with its verified past trading history, indicating consistent profits.
EliteFxgo is one of few managed forex accounts and EA providers that has verified past trading performance available for everyone. Our past trading performance shows low drawdown, steady returns, and a low-risk profile.
You can request more details about our Myfxbook and FxBlue verified past trading performance via email, live chat, or contact form.
HOW DO WE TRADE
Our Trading Strategy
We at EliteFx trade each account manually and with EA using price action trading strategies. Some strategies used by our trading team are as under:
Volume Spread Analysis
Volume Spread Analysis or better referred to as VSA may be a widely used technical analysis tool that gauges future price movement with great accuracy. VSA focuses on price and volume and seeks the actions of professional traders. Hence, as long as a market features a group of execs and offers reliable price and volume data, the trading premise of VSA holds.
Trendlines are a comparatively simple tool that’s wont to gauge the general direction of a given asset, but, more importantly, they’re employed by the EliteFxgo traders to assist predict areas of support and resistance. this suggests that we use trendlines to spot the amount on a chart beyond which the worth of an asset will have a difficult time moving. We use this information to seem for strategic entry levels or maybe to effectively manage risk, by identifying areas to put stop-loss orders.
Horizontal Support/Resistance Levels
We at EliteFxgo follow horizontal support and resistance levels very closely. We use support and resistance levels to measure potential reversal or continuity in future price movement. Horizontal S/R is one of the simplest technical tools to optimize profitability in forex trading.
Fibonacci Retracement Levels
Our trading strategy also includes Fibonacci Retracement Levels. Fibonacci Retracements are ratios wont to identify potential reversal levels. These ratios are found within the Fibonacci sequence. the foremost popular Fibonacci Retracements are 61.8% and 38.2%. Note that 38.2% is usually rounded to 38% and 61.8 is rounded to 62%. Retracement levels alert EliteFxgo traders of a possible trend reversal, resistance area, or support area.