[box]

[one_half]

System: IronFX Long

Description:

Type of Trading: Real

Broker: IronFX

Started: Dec 16, 2014

Views: 14

Tracking: 0 users

Currency Pairs: AUDUSD, EURGBP, EURJPY, EURNZD, EURUSD, GBPJPY, GBPUSD, NZDCAD, USDCAD, USDCHF, USDJPY[/one_half]

[one_half_last]

[/one_half_last][/box]

[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Essentials: The IronFX Long system has made 765 trades with an average winning trade of 43.43 pips / , the average losing trade around -119.44 pips / and an average trade length of 3d.

The best trade it ever had was (Jan 23) 906.1 in pips and the worst trade was (Jan 26) -1042.2 in pips.

It has won (190/284) 66% of its attempted buys and (378/481) 78% of its attempted sells.[/quote]

[box][icon type=”vector” icon=”enotype-icon-thumbs-up” size=”32″ hover_animation=”border_increase” ][icon type=”vector” icon=”enotype-icon-thumbs-down” align=”right” size=”32″ hover_animation=”border_increase” ]

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.,

[/list] [/one_half_last][/box]