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System: weeklypending

Description:

Type of Trading: Real

Broker: Oanda

Started: Sep 05, 2011

Views: 53

Tracking: 0 users

Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPCAD, GBPJPY, GBPUSD, NZDCAD, 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 weeklypending system has made 414 trades with an average winning trade of 123.48 pips / , the average losing trade around -112.88 pips / and an average trade length of 3d.

The best trade it ever had was (Jan 16) 2005.5 in pips and the worst trade was (Jul 17) -615.6 in pips.

It has won (88/195) 45% of its attempted buys and (109/219) 49% 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

[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.,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″ ]Uses a potentially huge and dangerous stop loss.,

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