System: ForexCheetah Review
Description: Swing Trade
Intra/Multi Day Swing
Weekly Trend Direction
Type of Trading: Real
Broker: FXCM
Started: Jul 06, 2015
Views: 52
Tracking: 0 users
Currency Pairs: AUDCHF, CADCHF, CADJPY, EURAUD, EURNZD, NZDUSD, USDCAD
Overview: ForexCheetah Review Myfxbook system has made +3% in 12 trades since Jul 06, 2015. The average winning trade is about95.74 pips / $46.38, and the average trade with a loss around -40.50 pips / -$27.60. Trades are left open on average for 20h 44m.
(2/5) 40% is the winning percentage of its buy trades and (3/7) 42% is the winning percentage of its sells.
(Jul 15) 118.3 was the best trade it ever produced. (Jul 20) -71.6 was the worst.
Pros & Cons
- It doesn’t appear to be a scalper, which is good
- Uses a SL of 40.503627, could be trouble
- 30% drawdown or less is always a good sign