David Stanton / Профиль

To my SUBSCRIBERS,

I have had a few questions about the lot sizes lately. Here is the plan. I will now be trading on Candle Light https://www.mql5.com/en/signals/69013 using 1.0 lot on the EURUSD. I am cautiously adding the AUDUSD to the signal. On that pair, I will be trading .5 lots because there can be several open trades at the same time. The Trade Triggers activate differently from the EURUSD. Also due to times, so far the EURUSD and AUDUSD are not activating at the same time.

So far the performance and returns for the AUDUSD has been just a good as the EURUSD.

On Candle Light I have had 202 winning trades in a row and 707% in the past 11 weeks.

The reason I am adding the AUDUSD to Candle Light is because I much rather have ONE really strong and great signal that to have two or three or four signals that are just average.

I hope this answers everyone's questions, if not please feel free to contact me directly.

Best Regards

David

Candle Light

https://www.mql5.com/en/signals/69013

I have been asked about trading DURING news releases.

The news gives me the fluctuations that are needed to make some really great trades. But sometimes if the news has unexpected information, then those fluctuations can be a very bad situation.

It's better for me to sit out the Major news releases that will have a huge impact than to take a chance.

I rather feel bad for missing out on some great profits than to feel bad for taking a huge loss.

Best Regards

David Stanton

Candle Light Subscribers, just to be clear...

the main reason I am going to begin trading the AUDUSD with my modified Trade Triggers is my belief that the currency is not as dangerous as the EURUSD. In the past I have had three times where I was caught in a huge drawdown. I rode the dragon and it came back down and a profit was made. The AUDUSD has its share of dragons but they seem to be more calm.

I will probably take a few trades in the EURUSD but they are not going to be as often. I will only use my PREMIUM Trade Triggers in that case.

Best Regards

David

How is everyone in Candle Light. I was not expecting such a huge drawdown yesterday but as of right now each position is closed out and nice profits.

AUSUSD
My testing on the live account using my modified Trade Triggers has done great for my person account. I made 26 trades last night for a profit of 1114.00. I am going to add these Trade Triggers to Candle Light since it seems to be so awesome.

There is a concern that I have. It opens several trades at once. That is why I will not trade 1.5 lots. In my account I will use .3 lots. But I think it will be a good thing for the Subscribers.

It will be a few days before I make the addition but I want everyone to know it is coming.

Best Regards

David Stanton

FINALLY ! ! ! This week has given me fits. I had Trade Triggers engage but they were not clear so I did not make the trades. I rather be safe.

But I just now got off a trade with a 200.00 profit.

The testing on the live account with AUDUSD using my modified Trade Triggers went great during London trading.

Just wanted to keep my subscribers in the loop.

Now relax and have an enjoyable weekend.

Best Regards

David Stanton

Hello ALL,

I would like to let everyone know my next action step that I am now taking concerning the Candle Light Signal.

Over the past several months I have been testing my Trade Triggers Modified against the AUDUSD pair. I have had outstanding results.

I am going to pull off 3000.00 USD from the Candle Light Signal and trade the AUDUSD live to test on a live account.

If all is good with the AUDUSD and I make sure there's no bugs, then I will add the AUDUSD Trade Triggers to the Candle Light Signal.

I wanted to keep everyone updated as to my actions and directions.

Best Regards

David Stanton

Once again I decided to sit out because my Trade Triggers were borderline and not as clear as I wanted. I would have had several profitable trades but there were three that missed. That means huge lost. I check a few other popular signals today just to see how they were doing and they had huge loses on their accounts. If my Trade Triggers are not clear then I will not enter the market. I much rather not make any money than to lose money.

FYI, I have been considering AUDUSD for some time now. This pair is a little removed from the Eur and Chf but nonetheless all currencies affect each other at least indirectly. However, I am getting extremely clear Trade Triggers with this pair and the results and Trade Triggers are performing quite well.

As I say often, " a good trader knows when to trade and when NOT to trade".

Best Regards

David

After all of the excitement last week with the EURUSD, I firmly decided NOT to be in the mix. Situations such as this seems to carry unpredictable volatility for a few days. First the shock for the News Release, then the reactive trading then a recovery period with the price slowly returning to an equilibrium. I believe this beginning session (1/25) has shown that the EURUSD is on its way to recovery price equilibrium.

As I have said in the past, " A good trader know when to trade and when NOT to trade". This was one of those times that it was safest to sit out. I am glad that I did.

I am anticipating trading in the next day or two. Then business will be back to usual.

I wanted to give everyone an update and an idea what was going on.

Best Regards

David Stanton

Just to keep everyone in the loop. Tomorrow ECB Interest Rate Decision will be released. The times to watch is ( 1:30 PM GMT) and ( 12:45 PM GMT)

I will not be trading on Thursday because of the huge swings that could happen. I rather be safe than to be blown out of the market. I normally love the swings which gives be great Trade Triggers but in this case its too frightening.

Normally it would be a great day to be in a beautiful sale boat with high winds and sunshine, but tomorrow maybe be like a hurricane.

Be Safe

David Stanton

I am at 190 successful trades (except for 35.00 loses on Thursday cause of slippage. ) I brought in 1100.00 USD just now on 9 trades. So Candle Light is still going strong. That puts me at 607%

https://www.mql5.com/en/signals/69013

Best Regards
David Stanton

Hey guys, My triggers only found two trades during trading. London is about to close now so I really dont expect anything exciting to happen with New York during. BTW..... the two trades that I lost on last Thursday for about 35.00 each was due to slippage. As everyone knows, it was a pretty bad day that day. In any case I still count that I have 180 straight winning trades. My signal is still fully intact.

https://www.mql5.com/en/signals/69013

Best Regards
David Stanton

I wanted to wait out the first day of trading after the weekend. You just never know what will happen on an open after a week like we had last week with CHF. So far I am encouraged and expect some trading later tonight (my time)

I would think by now everyone has seen what is going on with the Franc. Several large brokerages closed due to insolvency. Part of trading is knowing when to enter and exit a trade. Just as important is knowing when NOT to trade.

I wanted my subscribers to know, that I suspended my trading Friday and I also will not resume until Monday. What took place with the Franc has not ever happened to this degree. Therefore, I will proceed with caution. I much rather be cautious than to take a hit.

https://www.mql5.com/en/signals/69013

Best Regards

David Stanton

Hey All, Anyone have any thought on the Franc?

https://www.mql5.com/en/signals/69013

I had just under a 3000.00 night in trading or day depending where in the world you might be. YEP its alive!

Looks like a few others had a good trading too. Hang in there guys.