[box]

[one_half]

System: FIBO

Description:

Type of Trading: Technical

Broker: FIBOGroup

Started: Feb 25, 2015

Views: FIBOGroup

Tracking: 0 users

Currency Pairs: AUDCAD, AUDJPY, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, USDCAD, USDCHF, USDJPY, USDSGD, XAUUSD[/one_half]

[one_half_last]

[/one_half_last][/box]

[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Essentials: The FIBO system has made 1165 trades with an average winning trade of 11.01 pips / , the average losing trade around -17.83 pips / and an average trade length of 2h 16m.

The best trade it ever had was (Aug 14) 564.0 in pips and the worst trade was (Jul 20) -657.0 in pips.

It has won (419/615) 68% of its attempted buys and (365/550) 66% 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.,Its average stop loss is less than 50 pips which is reasonable.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Prone to large drawdowns.,

[/list] [/one_half_last][/box]