System: IC 1 Review

Description: I come from accountant background who understand economic and business data. I am trading based on combination of fundamental and technical analysis. My steps are identifying trend using moving average and price action, review potential risk zone, wait for best timing, buy low sell high. I do not risk more than 10% per trade depending on winning possibility. I believe that risk management is the key to success and 10% per month return on investment is achievable.

Type of Trading: Real

Broker: IC Markets

Started: Jun 23, 2015

Views: 8

Tracking: 0 users

Currency Pairs: AUDJPY, AUDNZD, AUDUSD, AUS200, BRENT, EURAUD, EURUSD, F40, GBPAUD, GBPUSD, UK100, US30, USDCAD, USDJPY, XAUUSD

 

 

 

 

 

Overview: IC 1 Review Myfxbook system has made +81% in 115 trades since Jun 23, 2015. The average winning trade is about215.93 pips / A$18.53, and the average trade with a loss around -58.17 pips / -A$29.83. Trades are left open on average for 1d.

(37/53) 69% is the winning percentage of its buy trades and (51/62) 82% is the winning percentage of its sells.

(Aug 11) 5750.0 was the best trade it ever produced. (Aug 04) -414.5 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
Cons

  • Risk of large drawdowns

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