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System: DailyGrindFX

Description:

Type of Trading: Real

Broker: AxiTrader

Started: Jul 01, 2013

Views: 300

Tracking: 1 users

Currency Pairs: EURJPY[/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 DailyGrindFX system has made 230 trades with an average winning trade of 68.79 pips / A$95.28, the average losing trade around -72.68 pips / -A$77.25 and an average trade length of 1d.

The best trade it ever had was (Jun 29) 315.1 in pips and the worst trade was (Sep 01) -227.3 in pips.

It has won (54/108) 50% of its attempted buys and (68/122) 55% 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.,[/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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