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System: 1

Description:

Type of Trading: Real

Broker: FXCM

Started: May 01, 2015

Views: 19

Tracking: 0 users

Currency Pairs: AUDJPY, AUDUSD, EURAUD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, US30, USDCAD, USDJPY, XAUUSD[/one_half]

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[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Essentials: The 1 system has made 111 trades with an average winning trade of 67.13 pips / $1029.06, the average losing trade around -367.29 pips / -$1796.03 and an average trade length of 1d.

The best trade it ever had was (Aug 24) 355.0 in pips and the worst trade was (Aug 24) -7111.0 in pips.

It has won (21/36) 58% of its attempted buys and (50/75) 66% of its attempted sells.[/quote]

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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average win is larger than 10 pips which is usually a good thing.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Uses a potentially huge and dangerous stop loss.,Prone to large drawdowns.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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