FX Viper – Nick’s Account Trading 2x Risk (ForexSignals.com) Review

System: FX Viper – Nick’s Account Trading 2x Risk (ForexSignals.com) Review

Description: Manual scalping strategy. To find out more and discuss FX Viper inside our free forex trading room please visit www.ForexSignals.com

Type of Trading: Real

Broker: IC Markets

Started: Jun 04, 2013

Views: 50108

Tracking: 216 users

Currency Pairs: AUDUSD, EURJPY, EURUSD, GBPUSD, NZDUSD, USDCAD, USDJPY

 

 

 

 

 

Overview: FX Viper – Nick’s Account Trading 2x Risk (ForexSignals.com) Review Myfxbook system has made +224% in 1607 trades since Jun 04, 2013. The average winning trade is about6.25 pips / A$9.53, and the average trade with a loss around -43.05 pips / -A$39.64. Trades are left open on average for 17h 36m.

(352/419) 84% is the winning percentage of its buy trades and (1116/1188) 93% is the winning percentage of its sells.

(Aug 28) 63.2 was the best trade it ever produced. (Oct 30) -754.5 was the worst.

Pros & Cons

Pros

  • Large stoploss, be careful.
  • 28.97 max drawdown looks good
Cons

  • Possibly a scalper, the average win is below 10 pips. Good luck finding a broker in this day and age that doesn\’t manipulate scalpers|
  • High stoploss with low takeprofit