System: Discretionary Price Action Review
Description: Discretionary trading based on Price Action.
Type of Trading: Real
Started: Feb 24, 2011
Tracking: 2 users
Currency Pairs: AUDCAD, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURTRY, EURUSD, GBPCHF, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDMXN, USDTRY
Overview: Discretionary Price Action Review Myfxbook system has made +12% in 66 trades since Feb 24, 2011. The average winning trade is about87.64 pips / , and the average trade with a loss around -85.60 pips / . Trades are left open on average for 2d.
(9/18) 50% is the winning percentage of its buy trades and (24/48) 50% is the winning percentage of its sells.
(Jan 29) 715.0 was the best trade it ever produced. (Feb 05) -277.2 was the worst.
Pros & Cons
- Average win is greater than 10 pips, some I always look for
- Prone to large drawdowns.