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System: 1234602173

Description:

Type of Trading: Real

Broker: VarengoldBankFX

Started: Oct 31, 2011

Views: 164

Tracking: 3 users

Currency Pairs: EURUSD[/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 1234602173 system has made 2912 trades with an average winning trade of 7.48 pips / €173.59, the average losing trade around -4.90 pips / -€127.24 and an average trade length of 1m.

The best trade it ever had was (Nov 03) 37.1 in pips and the worst trade was (Sep 18) -24.3 in pips.

It has won (319/792) 40% of its attempted buys and (1026/2120) 48% of its attempted sells.[/quote]

[box][icon type=”vector” icon=”enotype-icon-thumbs-up” size=”32″ hover_animation=”border_increase” ][icon type=”vector” icon=”enotype-icon-thumbs-down” align=”right” size=”32″ hover_animation=”border_increase” ]

Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average stop loss is less than 50 pips which is reasonable.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Average win under 10 pips so its most likely a scalper that will be very broker sensitive.,Prone to large drawdowns.,

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