Struggling to understand how Forex Fury performs on Myfxbook? This tool has earned attention for its automated trading and impressive results. In this post, you will learn key metrics, strategies, and insights to make smarter decisions in forex trading.
Keep reading for a detailed breakdown of Forex Fury Myfxbook data.
Forex Fury’s Myfxbook results provide valuable insights into its trading performance. You can review the outcomes across a range of accounts to evaluate consistency and effectiveness in foreign exchange trading.
Understanding the key metrics of Forex Fury from Myfxbook provides actionable insights into its operational efficiency. Below is a tabular breakdown of the most critical performance indicators:
| Metric | Value | Insight |
|---|---|---|
| Total Trades Executed | 26 | Limited activity; suggests a cautious trading approach. |
| Total Pips Gained | 33.9 | Marginal pip gains; highlights modest market movement capture. |
| Total Lots Traded | 110.68 | High trading volume; indicates significant capital involvement. |
| Total Commissions Paid | -$664.08 | Notable cost; careful fee management is crucial. |
| Average Trade Duration | 22 hours, 28 minutes | Swing trade focus; positions held across daily sessions. |
| Profit Factor | 0.94 | Under 1.0; indicates losses outweigh profits. |
Each of these metrics reflects vital performance aspects. A profit factor below 1.0 shows profitability challenges. Trade frequency and volume suggest active engagement, yet moderate pip gains hint at opportunities for optimisation.
You can assess the profitability of Forex Fury through its significant gains. For instance, Forex Fury USDJPY V4 reports a gain of 1,433.53%, while GBPUSD sees 1,082.94%. These figures highlight strong growth in specific pairs over time.
Lower-risk strategies show more modest profits, such as GBPUSD (low risk) with a 94.43% gain.
Drawdowns paint a different picture of trading risks in live accounts. Some pairs like USDCHF face higher drawdowns at 52.28%, reflecting increased potential for loss during trades.
Comparatively, older systems like USDJPY maintain lower drawdowns near 11.73%. Monitoring these metrics helps you balance reward and risk effectively when using this automated trading robot.
Next is an analysis of how profitable EUR/USD and USD/CAD have been with this system’s strategies.
Forex trading results often vary based on currency pairs. Analysing specific pair performance can reveal patterns and uncover potential risks or opportunities.
EUR/USD trades using Forex Fury showed significant gains but carried high risks. The account recorded a total gain of 149.69 per cent, with a drawdown reaching 54.34 per cent. Across 26 trades, the system managed to secure 33.9 pips in total.
On the positive side, the best trade achieved 9.1 pips on the 9th of September.
High volatility influenced some results negatively. The most unfavourable result occurred on the 17th of September, with a loss of -35.1 pips in one trade alone. This data highlights both the system’s potential for profit and its substantial risk exposure in foreign exchange trading conditions like EUR/USD markets during that period.
Forex Fury’s USD/CAD performance shows significant activity since February. A total of 110.68 lots were traded, reflecting consistent engagement with the pair on their 50K test account.
You can see average wins standing at 7.38 pips, earning $265.36 per trade, while losses averaged -32.13 pips and cost a harsher $1,546.10 each time.
Commissions during this period added up to -$664.08, impacting net returns further. This highlights the importance of refining trading strategies and risk exposure when dealing with volatile pairs like USD/CAD in foreign exchange trading systems involving automated tools such as Forex Fury bots.
Forex Fury applies efficient trading approaches to maximise gains while limiting exposure. Its settings and execution focus on adapting to varying market behaviour, ensuring steady outcomes over time.
Entry and exit points play a vital role in automated trading. Analysing these factors helps you improve performance and manage risk exposure effectively.
Set strict risk exposure limits to prevent significant losses. For example, Forex Fury Live GBP/USD shows a 41.90% drawdown, indicating the importance of managing position sizes and stop-loss settings effectively.
Always align your trades with your risk tolerance to ensure protection against unexpected market conditions.
Use diversified strategies like trading multiple pairs such as AUD/USD with a 14.34% drawdown or NZD/USD at 33.36%. Handle each pair differently based on its performance metrics from live data updates and adjust settings accordingly for better control over risks.
Transitioning to optimising Forex Fury settings can refine results further.
Fine-tuning Forex Fury settings can significantly improve your trading results. A few simple adjustments help align the software with your trading strategy and risk tolerance.
This optimisation guides you toward better performance, leading directly into evaluating client testimonials about Forex Fury efficiency and user satisfaction next!
Clients report substantial gains with Forex Fury. Sophie Fisher credits the software for improving her account performance by a significant margin. Luca Allan shares his success of boosting his account balance by 50% within six months.
Users highlight monthly returns ranging from 10-20%. Many call it the best trading robot they have ever used, praising its automation and precise execution. With over 21,600 testimonials since 2014, clients consistently value its ability to meet diverse forex trading goals effectively.
Forex Fury’s results highlight crucial metrics that every trader should evaluate. You gain insights into profitability, drawdowns, and specific currency pair performances like EUR/USD and USD/CAD.
The strategies are simple yet effective, focusing on scalping in stable markets while managing risks smartly. Start applying these tactics to align with your trading goals while evaluating their fit for your own risk tolerance.
Take advantage of automated tools or demo accounts now to refine your approach before using real funds.
Forex Fury is an automated trading robot designed for forex trading. It uses algorithmic trading strategies to analyse market conditions and execute trades based on live data updates.
Yes, you can use Forex Fury with demo accounts to test its performance before applying it to a real account in the forex market.
Past performance helps assess the effectiveness of its trading strategies, but remember that it does not guarantee future success due to changing market conditions.
No, traders should evaluate their own risk tolerance and investment objectives before using this software since forex trading involves high-risk exposure.
Yes, consulting an independent financial advisor is recommended to ensure your trading strategy aligns with your financial goals and risk capacity.
Myfxbook provides detailed insights into live data updates like profit trends, drawdowns, and overall trading results which are essential for reviewing the robot’s efficiency under various market conditions such as ranging markets or volatile periods.
