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System: SALE NIGHT GBP

Description:

Type of Trading: Real

Broker: Forex4you

Started: Sep 11, 2013

Views: 236

Tracking: 1 users

Currency Pairs: GBPUSD[/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 SALE NIGHT GBP system has made 653 trades with an average winning trade of 22.59 pips / $7.90, the average losing trade around -78.97 pips / -$17.16 and an average trade length of 1d.

The best trade it ever had was (May 07) 161.8 in pips and the worst trade was (Sep 10) -447.6 in pips.

It has won (230/285) 80% of its attempted buys and (315/368) 85% 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.,Drawdown has been kept under 30% which is good.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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