System: EuroMonday
Description:
Type of Trading: Real
Broker: Alpari RU
Started: Dec 16, 2014
Views: 49
Tracking: 1 users
Currency Pairs: EURUSD
Essentials: The EuroMonday system has made 39 trades with an average winning trade of 57.92 pips / , the average losing trade around -125.20 pips / and an average trade length of 2d.The best trade it ever had was (Jun 30) 205.4 in pips and the worst trade was (Sep 17) -259.5 in pips.
It has won (17/21) 80% of its attempted buys and (12/18) 66% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Drawdown has been kept under 30% which is good.
- Uses a potentially huge and dangerous stop loss.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.
