SMILe FX Review

System: SMILe FX Review

Description:

Type of Trading: Real

Broker: SVSFX

Started: Dec 03, 2013

Views: 71

Tracking: 0 users

Currency Pairs: AUDNZD, AUDUSD, EURGBP, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY

 

 

 

 

 

Overview: SMILe FX Review Myfxbook system has made +3% in 821 trades since Dec 03, 2013. The average winning trade is about22.57 pips / , and the average trade with a loss around -67.70 pips / . Trades are left open on average for 5d.

(386/530) 72% is the winning percentage of its buy trades and (203/291) 69% is the winning percentage of its sells.

(Jan 23) 152.1 was the best trade it ever produced. (Sep 17) -461.4 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

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