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System: FibTrader FX

Description: position trading

Type of Trading: Real

Broker: FXOpen

Started: Jun 14, 2013

Views: 15

Tracking: 2 users

Currency Pairs: AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, GBPUSD, GOLD., NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, 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 FibTrader FX system has made 214 trades with an average winning trade of 47.26 pips / $131.59, the average losing trade around -61.22 pips / -$128.50 and an average trade length of 1d.

The best trade it ever had was (Jan 29) 695.0 in pips and the worst trade was (May 13) -658.0 in pips.

It has won (51/88) 57% of its attempted buys and (88/126) 69% 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

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[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.,[/list][/one_half]Cons

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

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