System: Pippage Review
Description: Trendline trader using 1hr, 4hr , daily and weekly charts for analysis. Trade both range and breakout. Stop loss is no more than 40 pips per trade. Take profit target ranges between 20 – 75 pips.
Type of Trading: Real
Started: Nov 18, 2014
Tracking: 0 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDJPY, NZDUSD, SGDJPY, USDCAD, USDJPY, USOIL, XAGUSD, XAUUSD
Overview: Pippage Review Myfxbook system has made +13% in 659 trades since Nov 18, 2014. The average winning trade is about25.92 pips / A$12.90, and the average trade with a loss around -41.91 pips / -A$26.76. Trades are left open on average for 8h 9m.
(144/222) 64% is the winning percentage of its buy trades and (335/437) 76% is the winning percentage of its sells.
(Feb 19) 564.0 was the best trade it ever produced. (Jan 12) -1284.0 was the worst.
Pros & Cons
- It doesn’t appear to be a scalper, which is good
- 41.913626 SL, usually asking for trouble.
- Drawdown has only reached 15.97, looking good so far!