Description: Price Action trading
Type of Trading: Real
Started: Mar 21, 2015
Tracking: 11 users
Currency Pairs: AUDCAD, AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDJPY
Essentials: The Fxopen-live system has made 1627 trades with an average winning trade of 10.26 pips / , the average losing trade around -13.54 pips / and an average trade length of 1h 24m.
The best trade it ever had was (Jul 09) 75.0 in pips and the worst trade was (Jul 29) -110.0 in pips.
It has won (367/604) 60% of its attempted buys and (670/1023) 65% of its attempted sells.
Pros & Cons
- Its average stop loss is less than 50 pips which is reasonable.
- Drawdown has been kept under 30% which is good.
- Average win under 10 pips so its most likely a scalper that will be very broker sensitive.