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System: Edmund Chew

Description:

Type of Trading: Real

Broker: AxiTrader

Started: Jul 09, 2014

Views: 127

Tracking: 2 users

Currency Pairs: AUDNZD, AUDUSD, EURGBP, EURJPY, EURUSD, GBPUSD, NZDUSD, USDCAD, USDJPY, XAGUSD, 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 Edmund Chew system has made 34 trades with an average winning trade of 88.56 pips / S$31.27, the average losing trade around -173.89 pips / -S$20.78 and an average trade length of 2d.

The best trade it ever had was (Sep 11) 241.2 in pips and the worst trade was (Nov 18) -1801.0 in pips.

It has won (3/5) 60% of its attempted buys and (16/29) 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.,Drawdown has been kept under 30% which is good.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Uses a potentially huge and dangerous stop loss.,

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