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System: 777 FX

Description: Protect the capital and stable profit. It is a priority of this system
Portfolio 40XEA – 90%(M15,H1,H4,D1)
+
manual trading – 10% (only GOLD and SP500)
Max RDD 8%. Allways set SL/TP.

Type of Trading: Real

Broker: IronFX

Started: May 21, 2015

Views: 7

Tracking: 0 users

Currency Pairs: #ESU5, #FDXU5, #FDXZ5, AUDUSD, EURUSD, GBPUSD, 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 777 FX system has made 518 trades with an average winning trade of 53.77 pips / , the average losing trade around -128.61 pips / and an average trade length of 1d.

The best trade it ever had was (Aug 21) 3200.0 in pips and the worst trade was (Sep 21) -7950.0 in pips.

It has won (166/224) 74% of its attempted buys and (204/294) 69% 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.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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