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System: Fxopen-live

Description: Price Action trading

Type of Trading: Real

Broker: FXOpen

Started: Mar 21, 2015

Views: 527

Tracking: 11 users

Currency Pairs: AUDCAD, AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, 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 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.[/quote]

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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average stop loss is less than 50 pips which is reasonable.,Drawdown has been kept under 30% which is good.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Average win under 10 pips so its most likely a scalper that will be very broker sensitive.,

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