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System: EURUSD ONLY

Description:

Type of Trading: Real

Broker: Oanda

Started: Mar 07, 2013

Views: 11

Tracking: 0 users

Currency Pairs: BCOUSD, EURUSD, GBPUSD, USDCAD[/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 EURUSD ONLY system has made 148 trades with an average winning trade of 17.80 pips / $4.02, the average losing trade around -36.39 pips / -$5.97 and an average trade length of 10h 43m.

The best trade it ever had was (May 07) 152.7 in pips and the worst trade was (Nov 03) -167.9 in pips.

It has won (36/56) 64% of its attempted buys and (61/92) 66% of its attempted sells.[/quote]

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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.,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″ ]Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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