forexingreece Review

System: forexingreece Review

Description: Manual system based on support/resistance levels.

Type of Trading: Real

Broker: HotForex

Started: Sep 01, 2014

Views: 90

Tracking: 0 users

Currency Pairs: AUDCAD, AUDJPY, AUDUSD, CADJPY, EURAUD, EURCHF, EURGBP, EURJPY, EURUSD, GBPAUD, GBPJPY, GBPUSD, USDCAD, USDJPY

 

 

 

 

 

Overview: forexingreece Review Myfxbook system has made +0% in 67 trades since Sep 01, 2014. The average winning trade is about77.86 pips / $58.53, and the average trade with a loss around -222.51 pips / -$177.71. Trades are left open on average for 7d.

(17/22) 77% is the winning percentage of its buy trades and (35/45) 77% is the winning percentage of its sells.

(Oct 31) 225.8 was the best trade it ever produced. (Dec 09) -1056.2 was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
Cons

  • Potentially large stop loss being used
  • Risk of large drawdowns
  • Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.