Discretionary Price Action Review

System: Discretionary Price Action Review

Description: Discretionary trading based on Price Action.

Type of Trading: Real

Broker: FXDD

Started: Feb 24, 2011

Views: 229

Tracking: 2 users

Currency Pairs: AUDCAD, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURTRY, EURUSD, GBPCHF, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDMXN, USDTRY

 

 

 

 

 

Overview: Discretionary Price Action Review Myfxbook system has made +12% in 66 trades since Feb 24, 2011. The average winning trade is about87.64 pips / , and the average trade with a loss around -85.60 pips / . Trades are left open on average for 2d.

(9/18) 50% is the winning percentage of its buy trades and (24/48) 50% is the winning percentage of its sells.

(Jan 29) 715.0 was the best trade it ever produced. (Feb 05) -277.2 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
Cons

  • Prone to large drawdowns.

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