System: Einar Kristjansson Review
Description: Usually take trades based on medium or long term fundamental reasons. Use technical analysis such as the fibonacci retracements, trendlines, support and resistance and moving averages to pinpoint entries and candlestick patterns and sometimes RSI as confirmation signals. Always use multiple minilots and move stops to breakeven once first take profit target is hit in order to minimize risk.
Type of Trading: Real
Broker: FXPro
Started: Jan 02, 2015
Views: 1396
Tracking: 11 users
Currency Pairs: #CLK5, #S&P50, AUDJPY, AUDNZD, AUDSGD, AUDUSD, CADJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURNZD, EURSEK, EURUSD, GBPAUD, GBPCAD, GBPDKK, GBPJPY, GBPNZD, GBPSEK, GBPUSD, GBPZAR, NZDCAD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY
Overview: Einar Kristjansson Review Myfxbook system has made +74% in 240 trades since Jan 02, 2015. The average winning trade is about122.43 pips / €27.00, and the average trade with a loss around -57.31 pips / -€20.49. Trades are left open on average for 1d.
(50/109) 45% is the winning percentage of its buy trades and (68/131) 51% is the winning percentage of its sells.
(Aug 24) 4725.0 was the best trade it ever produced. (Mar 13) -513.5 was the worst.
Pros & Cons
- Average win is greater than 10 pips, some I always look for
- 30% drawdown or less is always a good sign
