IronFX Long Review

System: IronFX Long Review

Description:

Type of Trading: Real

Broker: IronFX

Started: Dec 16, 2014

Views: 18

Tracking: 0 users

Currency Pairs: AUDUSD, EURGBP, EURJPY, EURNZD, EURUSD, GBPJPY, GBPUSD, NZDCAD, USDCAD, USDCHF, USDJPY

 

 

 

 

 

Overview: IronFX Long Review Myfxbook system has made +13% in 769 trades since Dec 16, 2014. The average winning trade is about43.55 pips / , and the average trade with a loss around -122.87 pips / . Trades are left open on average for 3d.

(190/284) 66% is the winning percentage of its buy trades and (380/485) 78% is the winning percentage of its sells.

(Jan 23) 906.1 was the best trade it ever produced. (Jan 26) -1042.2 was the worst.

Pros & Cons

Pros

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

  • Warning: large stop loss over 100 pips being used
  • Risk of large drawdowns
  • SL:TP ratio is too big