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System: ForexCheetah

Description: Swing Trade
Intra/Multi Day Swing
Weekly Trend Direction

Type of Trading: Real

Broker: FXCM

Started: Jul 06, 2015

Views: 50

Tracking: 0 users

Currency Pairs: AUDCHF, CADCHF, CADJPY, EURAUD, EURNZD, NZDUSD, 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 ForexCheetah system has made 12 trades with an average winning trade of 95.74 pips / $46.38, the average losing trade around -40.50 pips / -$27.60 and an average trade length of 20h 44m.

The best trade it ever had was (Jul 15) 118.3 in pips and the worst trade was (Jul 20) -71.6 in pips.

It has won (2/5) 40% of its attempted buys and (3/7) 42% of its attempted sells.[/quote]

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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.,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

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