System: TT V Review
Description: When trading in the account using a few basic tactics – breakdown levels and the rebound from the level and trend trading and trade baskets of currency pairs. Inputs and outputs are determined exclusively by Daily-charts. An additional factor in the decision signals are copyright of the indicator, which has been tested by me personally in the time interval of more than 3 years of history, as well as in real life.
I use Stop-loss orders, as well as the presence of more than 100-150 points profit on the transaction, translating the transaction to breakeven or even a small profit. Take-profit orders are used, but only in cases where the potential profit growth is limited or difficult to identify. Most give profits to grow.
Risks are diversified position in the 2-3 crushing of the (top-up), the strategy analysis baskets of currency pairs, as well as a large number of traded currency pairs.
The average time to hold the position – 5 trading days.
The volume of each open transaction varies in the range 2-4%.
Type of Trading: Real
Broker: TeleTrade
Started: Jun 03, 2014
Views: 4
Tracking: 0 users
Currency Pairs: AUDUSD, EURJPY, EURUSD, GBPNZD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY
Overview: TT V Review Myfxbook system has made +38% in 156 trades since Jun 03, 2014. The average winning trade is about33.51 pips / $111.27, and the average trade with a loss around -36.54 pips / -$120.55. Trades are left open on average for 1d.
(17/36) 47% is the winning percentage of its buy trades and (85/120) 70% is the winning percentage of its sells.
(Jun 04) 100.0 was the best trade it ever produced. (Jun 05) -130.0 was the worst.
Pros & Cons
- Average win is greater than 10 pips, some I always look for
- 36.543612 SL, usually asking for trouble.
- Prone to large drawdowns.