After two months of this providing this Signal, I am making some adjustments on how I close trades. I'll explain why I will change it, what will be changed and how the final results should be affected.
Why I will change:
On my personal account, where I trade only for myself, I trade currencies, gold, commodities, indices and some stocks. Initially I thought of creating a Signal exactly like my personal account, the problem is that it would require a big account (at least 10,000 USD)...
I have received a couple messages asking me why we had this loss in September and what you can expect in the following months, so I decided to update the description explaining how I trade, what you can expect from this Signal and what are the risks involved.
Please read the description.
So what happened this month?
If you have read the description, you know that what happened was a Worst Case Scenario. I hope to recover some of the loss until the end of the month.
Hey guys. This was a terrible start of September.
Those strong rallies on GBP made most of our big trades hit SL. These trades were our chance to get 30%+ growth this month, but that's part of the game when trying to achieve high gains.
Trades running on EURUSD seems more stable and should give us some good profit in the next couple weeks.
For those who subscribed in September, we will try to recover the loss until the end of the month.
If you have any question, fell free to contact me on...
GBP has been really crazy on these last few days. While long term analysis (both technical and fundamental) points to a bearish trend, there were several rallys againt our trades.
The problem is that this strong rallys affects other pairs as well, disturbing all of our trades.
As soon as the market settles down, we should have plenty of time to recover from the few losses we had.
In the next few days, prices should return to previous levels and the bearish trend should continue.
I'll keep trades going as planned, but I'll keep an eye on the market. If it proves to be too unstable, I may close some trades before hitting SL or TP.
A very strong rally against our trades happened just now, hitting some unplanned SLs and taking our DD to unconfortable levels.
Unfortunatelly this kind of things can eventually happen.
I am analysing the what I should do next.