System: 1FX Review
Description:
Type of Trading: Real
Broker: FXOpen
Started: Dec 10, 2014
Views: 83
Tracking: 2 users
Currency Pairs: AUDNZD, AUDUSD, EURUSD, GBPUSD, USDCHF
Overview: 1FX Review Myfxbook system has made +46% in 659 trades since Dec 10, 2014. The average winning trade is about15.89 pips / , and the average trade with a loss around -35.95 pips / . Trades are left open on average for 8h 49m.
(263/368) 71% is the winning percentage of its buy trades and (218/291) 74% is the winning percentage of its sells.
(Aug 04) 186.0 was the best trade it ever produced. (Apr 16) -154.4 was the worst.
Pros & Cons
Pros
- It doesn’t appear to be a scalper, which is good
- 35.95 SL, usually asking for trouble.
Cons
- Prone to large drawdowns.
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.
