Description: BlackFX has components of a range trader during less volatile market times and also looks to trade retracement moves in established trends. Dynamic or hard stops are always used.
Type of Trading: Real
Started: Oct 24, 2014
Tracking: 5 users
Currency Pairs: AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, NZDCAD, NZDUSD, USDCAD, USDCHF, USDJPY
Essentials: The BlackFX system has made 634 trades with an average winning trade of 14.24 pips / , the average losing trade around -15.67 pips / and an average trade length of 3h 59m.
The best trade it ever had was (Jan 15) 83.4 in pips and the worst trade was (Feb 18) -176.6 in pips.
It has won (265/423) 62% of its attempted buys and (90/211) 42% of its attempted sells.
Pros & Cons
- 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.
- Drawdown has been kept under 30% which is good.