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System: FXCMz2

Description:

Type of Trading: Real

Broker: FXCM

Started: Jul 03, 2013

Views: 823

Tracking: 4 users

Currency Pairs: AUDUSD, EURUSD, GBPUSD, GER30, NAS100, SPX500, UK100, US30, USDCAD, USDCHF, USDJPY, USOIL, XAGUSD, 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 FXCMz2 system has made 664 trades with an average winning trade of 122.95 pips / $78.25, the average losing trade around -128.64 pips / -$52.37 and an average trade length of 3d.

The best trade it ever had was (Apr 06) 3061.0 in pips and the worst trade was (Jul 31) -2069.0 in pips.

It has won (147/337) 43% of its attempted buys and (133/327) 40% 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.,[/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.,

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