System: Oanda fxtrade
Description:
Type of Trading: Real
Broker: Oanda
Started: Mar 31, 2011
Views: 383
Tracking: 1 users
Currency Pairs: EURUSD, GBPJPY, GBPUSD, USDJPY
Essentials: The Oanda fxtrade system has made 220 trades with an average winning trade of 116.11 pips / , the average losing trade around -156.56 pips / and an average trade length of 13d.The best trade it ever had was (Nov 01) 463.5 in pips and the worst trade was (Apr 05) -503.3 in pips.
It has won (26/30) 86% of its attempted buys and (152/190) 80% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Uses a potentially huge and dangerous stop loss.
- Prone to large drawdowns.
