Type of Trading: Fundamental
Started: Jan 29, 2014
Tracking: 51 users
Currency Pairs: AUDCAD, AUDJPY, AUDUSD, CADJPY, EURAUD, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPUSD, NZDCAD, NZDJPY, NZDUSD, USDCAD, USDJPY
Essentials: The TAC+TICs system has made 148 trades with an average winning trade of 76.97 pips / $9.13, the average losing trade around -345.32 pips / -$33.15 and an average trade length of 15d.
The best trade it ever had was (Jan 05) 1178.5 in pips and the worst trade was (Jan 05) -1633.8 in pips.
It has won (93/107) 86% of its attempted buys and (34/41) 82% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Uses a potentially huge and dangerous stop loss.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.