System: forexingreece Review
Description: Manual system based on support/resistance levels.
Type of Trading: Real
Started: Sep 01, 2014
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
- It doesn’t appear to be a scalper, which is good
- Potentially large stop loss being used
- Risk of large drawdowns
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.