MikeNichols Review

System: MikeNichols Review

Description:

Type of Trading: Real

Broker: AxiTrader

Started: Aug 06, 2014

Views: 28

Tracking: 0 users

Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADJPY, DAX30, EURAUD, EURCAD, EURGBP, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPNZD, GBPUSD, NZDCHF, NZDJPY, NZDUSD, S&P, SPI200, USDCAD, USDCHF, USDJPY, USDSEK, WTI, XAGUSD, XAUUSD

 

 

 

 

 

Overview: MikeNichols Review Myfxbook system has made +15% in 211 trades since Aug 06, 2014. The average winning trade is about119.47 pips / A$105.31, and the average trade with a loss around -75.13 pips / -A$90.36. Trades are left open on average for 3d.

(51/125) 40% is the winning percentage of its buy trades and (34/86) 39% is the winning percentage of its sells.

(Nov 18) 793.0 was the best trade it ever produced. (Aug 31) -746.9 was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
  • 30% drawdown or less is always a good sign
Cons