Description: I am a trend trader. My strategy is to look for daily trends that have at least two rejections and I use a strong support or resistant to confirm my entries.
Type of Trading: Real
Started: May 17, 2014
Tracking: 5 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY
Essentials: The hyip123 system has made 54 trades with an average winning trade of 124.69 pips / , the average losing trade around -61.40 pips / and an average trade length of 3d.
The best trade it ever had was (Mar 11) 157.3 in pips and the worst trade was (Mar 19) -76.7 in pips.
It has won (9/23) 39% of its attempted buys and (15/31) 48% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Drawdown has been kept under 30% which is good.