Description: I use the Andrews Pitchfork technical trading method to determine the probable path of price. Whenever in a trade, the stop loss is moved based on market structure. A minimum risk to reward ratio of 1:1 is sought per trade. Trades are primarily placed on the EUR/USD currency pair.
Type of Trading: Real
Started: Oct 15, 2014
Tracking: 0 users
Currency Pairs: EURUSD
Essentials: The techsupport system has made 52 trades with an average winning trade of 53.05 pips / , the average losing trade around -19.80 pips / and an average trade length of 4h 38m.
The best trade it ever had was (Jul 30) 121.0 in pips and the worst trade was (Apr 02) -32.4 in pips.
It has won (9/29) 31% of its attempted buys and (8/23) 34% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Its average stop loss is less than 50 pips which is reasonable.
- Drawdown has been kept under 30% which is good.