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System: luiz

Description:

Type of Trading: Real

Broker: FXPro

Started: Feb 06, 2015

Views: 78397

Tracking: 0 users

Currency Pairs: EURUSD, GBPUSD, GOLD, USDJPY[/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 luiz system has made 153 trades with an average winning trade of 78.92 pips / $41.88, the average losing trade around -162.93 pips / -$60.27 and an average trade length of 7d.

The best trade it ever had was (Aug 03) 756.5 in pips and the worst trade was (Jul 13) -662.0 in pips.

It has won (27/52) 51% of its attempted buys and (87/101) 86% 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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