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

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