System: FX Total Return
Description: The goal of this strategy is to generate account growth with low volatility. A long term direction is assigned to highly-liquid pairs based on CB policy and other macro conditions. Breakout setups which align to the assigned trend are monitored for and prioritized based on a risk/reward estimate. A stop loss is of less than 2% is used with every trade.
Type of Trading: Real
Started: Jul 23, 2014
Tracking: 0 users
Currency Pairs: AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY
Essentials: The FX Total Return system has made 157 trades with an average winning trade of 38.12 pips / $3.47, the average losing trade around -45.91 pips / -$4.30 and an average trade length of 22h 57m.
The best trade it ever had was (Oct 31) 237.1 in pips and the worst trade was (Jul 29) -211.5 in pips.
It has won (45/82) 54% of its attempted buys and (45/75) 60% of its attempted sells.
Pros & Cons
- 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.