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System: O-1

Description: Manual trading. I’m following the market trend using a few indicators + keeping an eye on the news. Managing low risk is the most important part in Forex which allows me to preserve the capital and make a good profit. Good luck to all.

Type of Trading: Real

Broker: Oanda

Started: Dec 11, 2014

Views: 21

Tracking: 0 users

Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, EURAUD, EURCAD, EURGBP, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPUSD, NZDUSD, USDCAD, 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 O-1 system has made 435 trades with an average winning trade of 29.67 pips / , the average losing trade around -64.60 pips / and an average trade length of 5d.

The best trade it ever had was (Jun 02) 321.5 in pips and the worst trade was (Sep 16) -408.3 in pips.

It has won (140/173) 80% of its attempted buys and (214/262) 81% 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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