Sunday, January 10, 2010

EUR GBP uses by Forex Juggernaut

Foreign exchange Juggernaut is an EA with a 76.48% success rate. It’s pretty a great arrangement of like other Authority Advisors, with an exception that it says to use its own Juggernaut ‘SWING’ technology. It runs just with EUR/GBP and on 1 hour timeframe and is a wholly programmed robot.
The page of Fx trading Juggernaut provides us with back-testing statement, and even without seeing live trading outcome there’s a lot to be said. The ordinary walk out loss of the rules looks to be about 80 pips, while the account for turn a profit is at about 10 pips. That wouldn’t look good, but the regulations relentlessly seals the losing trading early and frequently close up the lucrative buy/advertise positions early also. It’s hard to see how it picks them from the statements, but the bottom line is that the average loss is almost double the ordinary rewarding exchange. That indicates a quite high risk/award percentage.
Truthfully, I’m not convinced with Foreign exchange Juggernaut, initial of all because there is no live trade proof provided, and secondly because of unfavorable inborn S/L and T/P - what if the EA is changed off with trading like that still open? And lastly, because back-testing shows a quite high risk/award percentage.

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