System: fxform intraday
Type of Trading: Real
Started: Jun 01, 2015
Tracking: 2 users
Currency Pairs: EURJPY, EURUSD, GBPJPY, GBPUSD, GOLD, USDCAD
Essentials: The fxform intraday system has made 119 trades with an average winning trade of 11.29 pips / $9.08, the average losing trade around -31.78 pips / -$29.13 and an average trade length of 1h 55m.
The best trade it ever had was (Aug 25) 50.0 in pips and the worst trade was (Jul 08) -141.9 in pips.
It has won (39/49) 79% of its attempted buys and (54/70) 77% 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.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.