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System: maxxfx

Description:

Type of Trading: Real

Broker: FXCM

Started: Jan 12, 2013

Views: 195

Tracking: 1 users

Currency Pairs: AUDCAD, AUDNZD, AUDUSD, EURCHF, EURJPY, EURUSD, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USDRUB, USDTRY[/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 maxxfx system has made 598 trades with an average winning trade of 33.20 pips / $46.30, the average losing trade around -18.51 pips / -$33.48 and an average trade length of 15h 32m.

The best trade it ever had was (Aug 24) 502.7 in pips and the worst trade was (Feb 20) -183.9 in pips.

It has won (153/292) 52% of its attempted buys and (162/306) 52% 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.,Its average stop loss is less than 50 pips which is reasonable.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Prone to large drawdowns.,

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