Description: Automated price action system based on short term swing trades
Type of Trading: Real
Started: Aug 12, 2013
Tracking: 10 users
Currency Pairs: AUDUSD, EURGBP, EURJPY, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY
Essentials: The Wildfire system has made 288 trades with an average winning trade of 66.08 pips / , the average losing trade around -31.10 pips / and an average trade length of 1d.
The best trade it ever had was (Mar 07) 350.1 in pips and the worst trade was (Mar 14) -54.7 in pips.
It has won (51/141) 36% of its attempted buys and (49/147) 33% of its attempted sells.
Pros & Cons
- 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.
- Prone to large drawdowns.