System: FIBO Review

Description:

Type of Trading: Technical

Broker: FIBOGroup

Started: Feb 25, 2015

Views: FIBOGroup

Tracking: 0 users

Currency Pairs: AUDCAD, AUDJPY, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, USDCAD, USDCHF, USDJPY, USDSGD, XAUUSD

 

 

 

 

 

Overview: FIBO Review Myfxbook system has made +75% in 1307 trades since Feb 25, 2015. The average winning trade is about10.72 pips / , and the average trade with a loss around -17.50 pips / . Trades are left open on average for 2h 49m.

(469/695) 67% is the winning percentage of its buy trades and (409/612) 66% is the winning percentage of its sells.

(Aug 14) 564.0 was the best trade it ever produced. (Jul 20) -657.0 was the worst.

Pros & Cons

Pros

  • Large stoploss, be careful.
Cons

  • Looks like a risky system with large drawdowns.