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System: Managed-XAUUSD

Description:

Type of Trading: Real

Broker: FXCM

Started: Nov 10, 2012

Views: 29

Tracking: 0 users

Currency Pairs: XAUUSD[/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 Managed-XAUUSD system has made 60 trades with an average winning trade of 1121.10 pips / A$3476.17, the average losing trade around -492.59 pips / -A$1499.03 and an average trade length of 1d.

The best trade it ever had was (Mar 26) 4199.0 in pips and the worst trade was (Jul 20) -1075.0 in pips.

It has won (7/22) 31% of its attempted buys and (14/38) 36% 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″ ]Uses a potentially huge and dangerous stop loss.,

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