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System: New System Live

Description:

Type of Trading: Real

Broker: ThinkForex

Started: Aug 10, 2015

Views: 2

Tracking: 0 users

Currency Pairs: AUDCAD, AUDUSD, EURAUD, EURCAD, EURGBP, EURJPY, EURNZD, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDJPY, 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 New System Live system has made 588 trades with an average winning trade of 9.32 pips / , the average losing trade around -29.08 pips / and an average trade length of 3h 31m.

The best trade it ever had was (Aug 31) 87.4 in pips and the worst trade was (Sep 03) -203.1 in pips.

It has won (340/401) 84% of its attempted buys and (139/187) 74% 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 stop loss is less than 50 pips which is reasonable.,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″ ]Average win under 10 pips so its most likely a scalper that will be very broker sensitive.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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