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System: forexingreece

Description: Manual system based on support/resistance levels.

Type of Trading: Real

Broker: HotForex

Started: Sep 01, 2014

Views: 87

Tracking: 0 users

Currency Pairs: AUDCAD, AUDJPY, AUDUSD, CADJPY, EURAUD, EURCHF, EURGBP, EURJPY, EURUSD, GBPAUD, GBPJPY, GBPUSD, USDCAD, USDJPY[/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 forexingreece system has made 64 trades with an average winning trade of 77.86 pips / $58.53, the average losing trade around -265.13 pips / -$211.53 and an average trade length of 7d.

The best trade it ever had was (Oct 31) 225.8 in pips and the worst trade was (Dec 09) -1056.2 in pips.

It has won (17/21) 80% of its attempted buys and (35/43) 81% 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″ ]Uses a potentially huge and dangerous stop loss.,Prone to large drawdowns.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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