Oanda fxtrade Review

System: Oanda fxtrade Review

Description:

Type of Trading: Real

Broker: Oanda

Started: Mar 31, 2011

Views: 384

Tracking: 1 users

Currency Pairs: EURUSD, GBPJPY, GBPUSD, USDJPY

 

 

 

 

 

Overview: Oanda fxtrade Review Myfxbook system has made +12% in 220 trades since Mar 31, 2011. The average winning trade is about116.11 pips / , and the average trade with a loss around -156.56 pips / . Trades are left open on average for 13d.

(26/30) 86% is the winning percentage of its buy trades and (152/190) 80% is the winning percentage of its sells.

(Nov 01) 463.5 was the best trade it ever produced. (Apr 05) -503.3 was the worst.

Pros & Cons

Pros

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

  • Warning: large stop loss over 100 pips being used
  • Large drawdowns!