steve derrick forex

21 September, 2015 admin 0 Comments 1 category

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System: steve derrick forex

Description: I trade the major currency pairs, gold and ftse100.
My system uses bollinger bands and support/resistance levels to find trades. All trades are entered manually. Losing trades are cut early and winners allowed to run

Type of Trading: Real

Broker: GKFX

Started: Aug 14, 2014

Tracking: 1 users

Currency Pairs: AUDJPY, AUDUSD, EURCHF, EURGBP, EURJPY, EURUSD, GBPUSD, GOLD, NZDJPY, UK100, USDCAD, USDCHF, USDJPY[/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 steve derrick forex system has made 428 trades with an average winning trade of 62.77 pips / , the average losing trade around -60.67 pips / and an average trade length of 2d.

The best trade it ever had was (Jul 20) 609.0 in pips and the worst trade was (Sep 07) -456.0 in pips.

It has won (86/165) 52% of its attempted buys and (140/263) 53% 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.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Prone to large drawdowns.,

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Category: Trading Systems