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System: 4UForex-Scatter

Description:

Type of Trading: Technical

Broker: ADS Securities

Started: Jan 22, 2015

Views: ADS Securities

Tracking: 3 users

Currency Pairs: AUDUSD, CSI300, EURUSD, GBPUSD, US500., 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 4UForex-Scatter system has made 433 trades with an average winning trade of 238.98 pips / , the average losing trade around -261.91 pips / and an average trade length of 7h 31m.

The best trade it ever had was (Aug 26) 19362.0 in pips and the worst trade was (Sep 01) -6615.0 in pips.

It has won (209/258) 81% of its attempted buys and (124/175) 70% 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 win is larger than 10 pips which is usually a good thing.,Drawdown has been kept under 30% which is good.,[/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.,

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