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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[/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 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.[/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.,[/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.,Prone to large drawdowns.,

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