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System: ThinkECN

Description:

Type of Trading: Real

Broker: ThinkForex

Started: Jul 13, 2015

Views: 33

Tracking: 0 users

Currency Pairs: AUDCAD, AUDUSD, EURJPY, EURUSD, GBPUSD, 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 ThinkECN system has made 93 trades with an average winning trade of 8.98 pips / $12.34, the average losing trade around -14.48 pips / -$16.83 and an average trade length of 8h 59m.

The best trade it ever had was (Aug 19) 23.0 in pips and the worst trade was (Sep 18) -58.0 in pips.

It has won (35/50) 70% of its attempted buys and (29/43) 67% 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 stop loss is less than 50 pips which is reasonable.,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″ ]Average win under 10 pips so its most likely a scalper that will be very broker sensitive.,

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