FX Monetizer Review

System: FX Monetizer Review

Description:

Type of Trading: Real

Broker: Synergy FX

Started: Jul 09, 2014

Views: 3866

Tracking: 38 users

Currency Pairs: AUDUSD, EURUSD, GBPUSD, NZDUSD

 

 

 

 

 

Overview: FX Monetizer Review Myfxbook system has made +53% in 396 trades since Jul 09, 2014. The average winning trade is about51.85 pips / , and the average trade with a loss around -24.84 pips / . Trades are left open on average for 7h 29m.

(62/209) 29% is the winning percentage of its buy trades and (74/187) 39% is the winning percentage of its sells.

(Mar 18) 177.0 was the best trade it ever produced. (Jan 26) -71.3 was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
  • Uses a SL of 24.84, could be trouble
Cons

  • Large drawdowns!