Type of Trading: Real
Started: Jun 18, 2015
Tracking: 0 users
Currency Pairs: AUDNZD, AUDUSD, EURAUD, EURCAD, EURCHF, EURGBP, EURUSD, GBPAUD, GBPCHF, GBPUSD, GOLDSB, USDCAD, USDCHF, USDJPY
Essentials: The London system has made 781 trades with an average winning trade of 34.90 pips / , the average losing trade around -106.76 pips / and an average trade length of 2d.
The best trade it ever had was (Aug 19) 191.8 in pips and the worst trade was (Aug 24) -750.0 in pips.
It has won (330/465) 70% of its attempted buys and (212/316) 67% 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.
- Uses a potentially huge and dangerous stop loss.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.