System: Discretionary Price Action
Description: Discretionary trading based on Price Action.
Type of Trading: Real
Started: Feb 24, 2011
Tracking: 2 users
Currency Pairs: AUDCAD, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURTRY, EURUSD, GBPCHF, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDMXN, USDTRY
Essentials: The Discretionary Price Action system has made 66 trades with an average winning trade of 87.64 pips / , the average losing trade around -85.60 pips / and an average trade length of 2d.
The best trade it ever had was (Jan 29) 715.0 in pips and the worst trade was (Feb 05) -277.2 in pips.
It has won (9/18) 50% of its attempted buys and (24/48) 50% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Prone to large drawdowns.