Varengold STP news trading system Review

System: Varengold STP news trading system Review

Description: Major news trading system (EUR, USD, GBP, JPY, CAD, AUD, NZD).
Find out more at:
www.onemillionstory.blog.com

Type of Trading: Real

Broker: VarengoldBankFX

Started: Jul 13, 2013

Views: 159

Tracking: 3 users

Currency Pairs: AUDUSD, EURGBP, EURUSD, GBPUSD, NYMEX., NZDUSD, USDCAD, USDCHF, USDJPY

 

 

 

 

 

Overview: Varengold STP news trading system Review Myfxbook system has made +973% in 298 trades since Jul 13, 2013. The average winning trade is about12.94 pips / €21.59, and the average trade with a loss around -10.18 pips / -€17.74. Trades are left open on average for 19m.

(79/150) 52% is the winning percentage of its buy trades and (83/148) 56% is the winning percentage of its sells.

(Jan 21) 129.7 was the best trade it ever produced. (Jan 15) -38.0 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
  • Uses a SL of 10.1812817, could be trouble
Cons

  • Large drawdowns!

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