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System: TomMunich

Description: Instruments: Forex (Majors)

Trading Strategy: Scalper, Trend Follower, Breakout, Volatility Breakout

Trading Hours: all sessions

You can now copy this system by clicking the blue ‘Copy’ button at the top of the system page.

Type of Trading: Real

Broker: JFD Brokers

Started: May 29, 2015

Views: 450

Tracking: 8 users

Currency Pairs: AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPCAD, GBPCHF, GBPNZD, GBPUSD, NZDUSD, 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 TomMunich system has made 2951 trades with an average winning trade of 11.84 pips / , the average losing trade around -32.73 pips / and an average trade length of 13h 16m.

The best trade it ever had was (Jun 28) 160.1 in pips and the worst trade was (Jun 18) -244.1 in pips.

It has won (1076/1494) 72% of its attempted buys and (1003/1457) 68% 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.,Its average stop loss is less than 50 pips which is reasonable.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Prone to large drawdowns.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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