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System: OldSchool

Description: Trade: EURUSD GBPUSD

Old School is an automated trade system, resulting from many years of experience in the markets by the mentors. It has been design to trade in any instrument and any type of account. The system opens maximum two trades by instrument, always with Take Profit and Stop Loss,TP and SL are variable depend on market conditions when trade is open, and after, depending if the markets go against or in favor to open positions.

System can generate signals on MT4, Twitter , email, and for any account in any broker.

Type of Trading: Real

Broker: FXCM

Started: Sep 21, 2014

Views: 228

Tracking: 1 users

Currency Pairs: EURJPY, EURUSD, 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 OldSchool system has made 298 trades with an average winning trade of 78.22 pips / , the average losing trade around -45.06 pips / and an average trade length of 1d.

The best trade it ever had was (Sep 04) 545.8 in pips and the worst trade was (Jul 14) -201.4 in pips.

It has won (67/149) 44% of its attempted buys and (67/149) 44% of its attempted sells.[/quote]

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Pros & Cons

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[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.,Drawdown has been kept under 30% which is good.,[/list][/one_half]Cons

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