Pennies to Dollars

21 September, 2015 admin 0 Comments 1 category

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System: Pennies to Dollars

Description:

Type of Trading: Real

Broker: Oanda

Started: Dec 23, 2014

Tracking: 0 users

Currency Pairs: AUDCAD, AUDCHF, EURAUD, EURCAD, EURCHF, EURGBP, EURNZD, GBPAUD, GBPCAD, GBPCHF, GBPNZD, GBPUSD, NZDCAD[/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 Pennies to Dollars system has made 7558 trades with an average winning trade of 14.18 pips / , the average losing trade around -51.21 pips / and an average trade length of 13h 43m.

The best trade it ever had was (Aug 25) 510.8 in pips and the worst trade was (May 07) -858.7 in pips.

It has won (2531/3307) 76% of its attempted buys and (3144/4251) 73% 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″ ]Prone to large drawdowns.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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Category: Trading Systems