System: fxform intraday Review
Description:
Type of Trading: Real
Broker: XM
Started: Jun 01, 2015
Views: 479
Tracking: 3 users
Currency Pairs: EURJPY, EURUSD, GBPJPY, GBPUSD, GOLD, USDCAD
Overview: fxform intraday Review Myfxbook system has made +29% in 130 trades since Jun 01, 2015. The average winning trade is about12.41 pips / $10.49, and the average trade with a loss around -30.31 pips / -$27.81. Trades are left open on average for 1h 56m.
(44/55) 80% is the winning percentage of its buy trades and (58/75) 77% is the winning percentage of its sells.
(Oct 02) 67.8 was the best trade it ever produced. (Jul 08) -141.9 was the worst.
Pros & Cons
Pros
- Average win is greater than 10 pips, some I always look for
- 30.313627 SL, usually asking for trouble.
- 30% drawdown or less is always a good sign
Cons
- The little profits it makes will be wiped out by it/’s huge stoploss
