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System: GSFX Target 20% Monthly

Description: Automated Trading System
www.gsfxinvestments.com

Type of Trading: Real

Broker: ETX Capital

Started: Jul 21, 2015

Views: 398

Tracking: 4 users

Currency Pairs: EURJPY, EURUSD, GBPUSD, USDCAD[/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 GSFX Target 20% Monthly system has made 10765 trades with an average winning trade of 7.76 pips / $4.24, the average losing trade around -18.44 pips / -$5.18 and an average trade length of 2h 56m.

The best trade it ever had was (Aug 24) 105.1 in pips and the worst trade was (Aug 27) -222.9 in pips.

It has won (3691/5502) 67% of its attempted buys and (3382/5263) 64% 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.,[/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.,Prone to large drawdowns.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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