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System: BalanceMarket 2.0

Description:

Type of Trading: Real

Broker: Alpari NZ

Started: Oct 22, 2013

Views: 26448

Tracking: 26 users

Currency Pairs: EURUSD, PROFIT[/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 BalanceMarket 2.0 system has made 130 trades with an average winning trade of 9.52 pips / $26.88, the average losing trade around -38.06 pips / -$126.98 and an average trade length of 7h 54m.

The best trade it ever had was (Feb 07) 38.3 in pips and the worst trade was (Apr 13) -59.5 in pips.

It has won (43/53) 81% of its attempted buys and (68/77) 88% 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 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.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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