System: O-1 Review

Description: Manual trading. I’m following the market trend using a few indicators + keeping an eye on the news. Managing low risk is the most important part in Forex which allows me to preserve the capital and make a good profit. Good luck to all.

Type of Trading: Real

Broker: Oanda

Started: Dec 11, 2014

Views: 28

Tracking: 0 users

Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, EURAUD, EURCAD, EURGBP, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDJPY

 

 

 

 

 

Overview: O-1 Review Myfxbook system has made +27% in 477 trades since Dec 11, 2014. The average winning trade is about29.01 pips / , and the average trade with a loss around -61.71 pips / . Trades are left open on average for 5d.

(164/206) 79% is the winning percentage of its buy trades and (222/271) 81% is the winning percentage of its sells.

(Jun 02) 321.5 was the best trade it ever produced. (Sep 16) -408.3 was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
  • Drawdown has only reached 22.43, looking good so far!
Cons

  • The little profits it makes will be wiped out by it/’s huge stoploss