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System: 888

Description:

Type of Trading: Real

Broker: Oanda

Started: Jul 10, 2013

Views: 2

Tracking: 0 users

Currency Pairs: EURUSD, GBPUSD, HK33HKD, NAS100USD, SPX500USD, USDCAD, USDCHF, 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 888 system has made 160 trades with an average winning trade of 44.06 pips / $10.08, the average losing trade around -30.19 pips / -$5.34 and an average trade length of 6h 8m.

The best trade it ever had was (Aug 21) 1036.4 in pips and the worst trade was (Aug 27) -799.0 in pips.

It has won (15/35) 42% of its attempted buys and (52/125) 41% 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.,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″ ]Prone to large drawdowns.,

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