[box]

[one_half]

System: SCFXCM2

Description:

Type of Trading: Real

Broker: FXCM

Started: May 03, 2015

Views: 32

Tracking: 0 users

Currency Pairs: AUDUSD, CADJPY, EURSEK, EURUSD, GBPCAD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDJPY, USDZAR[/one_half]

[one_half_last]

[/one_half_last][/box]

[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]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.[/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″ ]Uses a potentially huge and dangerous stop loss.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

[/list] [/one_half_last][/box]