System: Seasonality Review
Description:
Type of Trading: Real
Broker: Oanda
Started: May 29, 2014
Views: 106
Tracking: 1 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURNZD, EURSEK, EURTRY, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDDKK, USDHKD, USDJPY, USDMXN, USDNOK, USDSEK, USDSGD, USDTRY, USDZAR
Overview: Seasonality Review Myfxbook system has made +60% in 546 trades since May 29, 2014. The average winning trade is about45.45 pips / A$0.44, and the average trade with a loss around -271.74 pips / -A$2.11. Trades are left open on average for 5d.
(235/260) 90% is the winning percentage of its buy trades and (256/286) 89% is the winning percentage of its sells.
(Oct 30) 1739.0 was the best trade it ever produced. (Jan 05) -2726.5 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
- Potentially large stop loss being used
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.