Type of Trading: Real
Started: May 03, 2015
Tracking: 0 users
Currency Pairs: AUDUSD, CADJPY, EURSEK, EURUSD, GBPCAD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDJPY, USDZAR
Essentials: The SCFXCM2 system has made 31 trades with an average winning trade of 35.05 pips / £530.66, the average losing trade around -126.10 pips / -£138.66 and an average trade length of 4m.
The best trade it ever had was (Jun 30) 120.6 in pips and the worst trade was (Jul 23) -251.4 in pips.
It has won (12/13) 92% of its attempted buys and (17/18) 94% of its attempted sells.
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.
- Uses a potentially huge and dangerous stop loss.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.