System: Price Action Patience
Description: Price action trading with ichimoku assistance for decision making.
Type of Trading: Real
Broker: FXCM
Started: May 17, 2014
Views: 206
Tracking: 6 users
Currency Pairs: AUDJPY, AUDUSD, EURAUD, EURCAD, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY
Essentials: The Price Action Patience system has made 119 trades with an average winning trade of 92.24 pips / $32.04, the average losing trade around -57.24 pips / -$28.93 and an average trade length of 1d.The best trade it ever had was (May 08) 315.2 in pips and the worst trade was (Jun 29) -348.9 in pips.
It has won (21/53) 39% of its attempted buys and (31/66) 46% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Drawdown has been kept under 30% which is good.
