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System: M.G(Money exchange in Lebanon)

Description: Money exchange in Lebanon

Type of Trading: Real

Broker: Markets.com

Started: Jul 02, 2015

Views: 20

Tracking: 0 users

Currency Pairs: AUDUSD, CHFJPY, EURGBP, EURJPY, EURUSD, GBPCHF, GBPUSD, USDCAD, USDCHF[/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 M.G(Money exchange in Lebanon) system has made 246 trades with an average winning trade of 31.46 pips / $98.02, the average losing trade around -72.93 pips / -$197.42 and an average trade length of 20h 32m.

The best trade it ever had was (Jul 10) 207.7 in pips and the worst trade was (Jul 10) -316.5 in pips.

It has won (31/44) 70% of its attempted buys and (149/202) 73% 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.,Drawdown has been kept under 30% which is good.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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