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System: CK – IC Markets

Description: 1) Trend retrace and counter-trend trades
2) Breakout and scalping trades
3) STRICTLY NO MARTINGALE
4) Trades entries will be based on ATR, weekly High-Lows, moving averages, and S&R
5) TP and SL will be used at all time, and trades are monitored

Type of Trading: Real

Broker: IC Markets

Started: Oct 06, 2014

Views: 992

Tracking: 20 users

Currency Pairs: EURAUD, EURCAD, EURCHF, EURGBP, EURUSD, GBPCHF, GBPUSD, 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 CK – IC Markets system has made 1504 trades with an average winning trade of 13.80 pips / $9.29, the average losing trade around -17.76 pips / -$13.73 and an average trade length of 3h 25m.

The best trade it ever had was (Jan 16) 152.2 in pips and the worst trade was (Jul 14) -125.8 in pips.

It has won (537/788) 68% of its attempted buys and (455/716) 63% 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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