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System: IC_AUD

Description:

Type of Trading: Real

Broker: IC Markets

Started: Feb 16, 2015

Views: 73

Tracking: 3 users

Currency Pairs: AUDUSD, EURAUD, EURNZD, EURUSD, GBPAUD, GBPNZD, GBPUSD, NZDUSD[/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 IC_AUD system has made 247 trades with an average winning trade of 144.83 pips / A$13.72, the average losing trade around -430.90 pips / -A$40.95 and an average trade length of 6d.

The best trade it ever had was (Jul 15) 870.6 in pips and the worst trade was (Aug 12) -1402.6 in pips.

It has won (65/74) 87% of its attempted buys and (138/173) 79% 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 win is larger than 10 pips which is usually a good thing.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Uses a potentially huge and dangerous stop loss.,Prone to large drawdowns.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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