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System: Simon Weber

Description:

Type of Trading: Real

Broker:

Started: Jul 08, 2015

Views: 4

Tracking: 0 users

Currency Pairs: AUDUSD, CHFJPY, EURGBP, EURJPY, EURUSD, GBPCHF, GBPUSD, USDCAD, USDCHF[/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 Simon Weber system has made 91 trades with an average winning trade of 41.27 pips / $253.29, the average losing trade around -109.94 pips / -$664.31 and an average trade length of 20h 45m.

The best trade it ever had was (Jul 10) 217.7 in pips and the worst trade was (Jul 10) -312.0 in pips.

It has won (15/23) 65% of its attempted buys and (54/68) 79% of its attempted sells.[/quote]

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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.,

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