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System: Grace Forex 1
Description: It is a unique statistical strategy.
Type of Trading: Real
Broker: Boston Merchant Financial
Started: Jan 30, 2013
Views: 971
Tracking: 30 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURUSD, FT_CL-, FT_DJ3, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDJPY, 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 Grace Forex 1 system has made 253 trades with an average winning trade of 9.05 pips / $58.88, the average losing trade around -24.92 pips / -$125.68 and an average trade length of 6h 5m.
The best trade it ever had was (Jun 05) 105.0 in pips and the worst trade was (Aug 01) -185.0 in pips.
It has won (110/129) 85% of its attempted buys and (103/124) 83% of its attempted sells.[/quote]
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Pros & Cons
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[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.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,
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