System: steve derrick forex Review
Description: I trade the major currency pairs, gold and ftse100.
My system uses bollinger bands and support/resistance levels to find trades. All trades are entered manually. Losing trades are cut early and winners allowed to run
Type of Trading: Real
Started: Aug 14, 2014
Tracking: 1 users
Currency Pairs: AUDJPY, AUDUSD, EURCHF, EURGBP, EURJPY, EURUSD, GBPUSD, GOLD, NZDJPY, UK100, USDCAD, USDCHF, USDJPY
Overview: steve derrick forex Review Myfxbook system has made +125% in 434 trades since Aug 14, 2014. The average winning trade is about62.13 pips / , and the average trade with a loss around -60.22 pips / . Trades are left open on average for 2d.
(86/165) 52% is the winning percentage of its buy trades and (144/269) 53% is the winning percentage of its sells.
(Jul 20) 609.0 was the best trade it ever produced. (Sep 07) -456.0 was the worst.
Pros & Cons
- It doesn’t appear to be a scalper, which is good
- Large drawdowns!