Description: I developed "close system". I don’t want any cut loss. I just calculate money management for my account. The only loss on some trade means that I use technique for umbrella scalping, but the main strategy does not rely on scalping.
Type of Trading: Real
Started: May 20, 2015
Tracking: 0 users
Currency Pairs: AUDCHF, AUDUSD, EURAUD, EURCAD, EURGBP, EURJPY, EURUSD, GBPJPY, GOLDMI, OILMN-, USDCAD, USDCHF, USDJPY, USDNOK
Essentials: The XM-EUR system has made 117 trades with an average winning trade of 46.35 pips / €0.53, the average losing trade around -80.90 pips / -€0.06 and an average trade length of 4d.
The best trade it ever had was (Aug 20) 339.9 in pips and the worst trade was (Jul 23) -80.9 in pips.
It has won (107/108) 99% of its attempted buys and (9/9) 100% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Drawdown has been kept under 30% which is good.