BlackFX Review

System: BlackFX Review

Description: BlackFX has components of a range trader during less volatile market times and also looks to trade retracement moves in established trends. Dynamic or hard stops are always used.

Type of Trading: Real

Broker: AxiTrader

Started: Oct 24, 2014

Views: 297

Tracking: 5 users

Currency Pairs: AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, NZDCAD, NZDUSD, USDCAD, USDCHF, USDJPY

 

 

 

 

 

Overview: BlackFX Review Myfxbook system has made +120% in 655 trades since Oct 24, 2014. The average winning trade is about14.31 pips / , and the average trade with a loss around -15.53 pips / . Trades are left open on average for 3h 55m.

(268/431) 62% is the winning percentage of its buy trades and (95/224) 42% is the winning percentage of its sells.

(Jan 15) 83.4 was the best trade it ever produced. (Feb 18) -176.6 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
  • 15.53 SL, usually asking for trouble.
  • 17.96 max drawdown looks good
Cons