System: Oanda fxtrade Review
Description:
Type of Trading: Real
Broker: Oanda
Started: Mar 31, 2011
Views: 384
Tracking: 1 users
Currency Pairs: EURUSD, GBPJPY, GBPUSD, USDJPY
Overview: Oanda fxtrade Review Myfxbook system has made +12% in 220 trades since Mar 31, 2011. The average winning trade is about116.11 pips / , and the average trade with a loss around -156.56 pips / . Trades are left open on average for 13d.
(26/30) 86% is the winning percentage of its buy trades and (152/190) 80% is the winning percentage of its sells.
(Nov 01) 463.5 was the best trade it ever produced. (Apr 05) -503.3 was the worst.
Pros & Cons
Pros
- Average win is greater than 10 pips, some I always look for
Cons
- Warning: large stop loss over 100 pips being used
- Large drawdowns!