Type of Trading: Real
Started: Mar 09, 2015
Tracking: 0 users
Currency Pairs: EURJPY, EURUSD, GBPUSD, USDCAD, USDJPY
Essentials: The Blackhedge6 system has made 124 trades with an average winning trade of 24.52 pips / $8.89, the average losing trade around -63.48 pips / -$7.34 and an average trade length of 2d.
The best trade it ever had was (May 25) 146.3 in pips and the worst trade was (Mar 30) -246.7 in pips.
It has won (27/31) 87% of its attempted buys and (92/93) 98% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.