Steve_FXCM_907 Review

System: Steve_FXCM_907 Review

Description:

Type of Trading: Technical

Broker: FXCM

Started: Jan 07, 2012

Views: FXCM

Tracking: 19 users

Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADCHF, CADJPY, CHFJPY, EURJPY, EURUSD, GBPCHF, GBPJPY, GBPUSD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, UKOIL, USDCAD, USDCHF, USDJPY, USOIL, XAUUSD

 

 

 

 

 

Overview: Steve_FXCM_907 Review Myfxbook system has made +11% in 3714 trades since Jan 07, 2012. The average winning trade is about73.72 pips / $24.99, and the average trade with a loss around -51.60 pips / -$16.62. Trades are left open on average for 1d.

(781/1883) 41% is the winning percentage of its buy trades and (719/1831) 39% is the winning percentage of its sells.

(Jul 20) 3969.0 was the best trade it ever produced. (Jun 24) -1634.0 was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
Cons

  • Looks like a risky system with large drawdowns.