Description: My strictly manual technical strategy is always "trend following" and using "fibo retracements", support and resistance levels.
Particular attention is given to money management and capital protection (normally no more than 6-7% of Draw Down admitted).
Sometimes i trade news and sometimes I do a few scalping, when particular market conditions apply.
Type of Trading: Real
Started: Nov 12, 2014
Tracking: 0 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, XAUUSD
Essentials: The SANGFROID system has made 1205 trades with an average winning trade of 22.82 pips / €73.10, the average losing trade around -49.92 pips / -€145.04 and an average trade length of 19h 18m.
The best trade it ever had was (Dec 01) 2603.0 in pips and the worst trade was (Jan 26) -1184.1 in pips.
It has won (223/331) 67% of its attempted buys and (742/874) 84% of its attempted sells.
Pros & Cons
- 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.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.