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
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.
Pros & Cons
- Its average stop loss is less than 50 pips which is reasonable.
- 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.