ForexCheetah Review

System: ForexCheetah Review

Description: Swing Trade
Intra/Multi Day Swing
Weekly Trend Direction

Type of Trading: Real

Broker: FXCM

Started: Jul 06, 2015

Views: 52

Tracking: 0 users

Currency Pairs: AUDCHF, CADCHF, CADJPY, EURAUD, EURNZD, NZDUSD, USDCAD

 

 

 

 

 

Overview: ForexCheetah Review Myfxbook system has made +3% in 12 trades since Jul 06, 2015. The average winning trade is about95.74 pips / $46.38, and the average trade with a loss around -40.50 pips / -$27.60. Trades are left open on average for 20h 44m.

(2/5) 40% is the winning percentage of its buy trades and (3/7) 42% is the winning percentage of its sells.

(Jul 15) 118.3 was the best trade it ever produced. (Jul 20) -71.6 was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
  • Uses a SL of 40.503627, could be trouble
  • 30% drawdown or less is always a good sign
Cons