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System: WallStreet

Description:

Type of Trading: Technical

Broker: Alpari NZ

Started: Dec 17, 2010

Views: Alpari NZ

Tracking: 2079 users

Currency Pairs: AUDUSD, EURUSD, GBPUSD, PROFIT, 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 WallStreet system has made 2407 trades with an average winning trade of 9.83 pips / $19.92, the average losing trade around -25.61 pips / -$50.26 and an average trade length of 5h 35m.

The best trade it ever had was (Sep 08) 151.2 in pips and the worst trade was (Jun 11) -168.4 in pips.

It has won (851/1132) 75% of its attempted buys and (957/1275) 75% of its attempted sells.[/quote]

[box][icon type=”vector” icon=”enotype-icon-thumbs-up” size=”32″ hover_animation=”border_increase” ][icon type=”vector” icon=”enotype-icon-thumbs-down” align=”right” size=”32″ hover_animation=”border_increase” ]

Pros & Cons

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[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]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″ ]Average win under 10 pips so its most likely a scalper that will be very broker sensitive.,Prone to large drawdowns.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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