Latest Updates on Signal Service Trial

The signal service has been going on for the past 3 days as trial. It has 57 subscribers for the trial. The first day was a good day, the trend was easy and neat and quite a few pips were made during that day. 17 calls were given on that day and only 2 were losses. Rest of the calls all turned into good profits.

The second day was a tough day to trade and hence very few calls were given and towards the end of the day, we were just above break even. But the last 2 hours of the trading day was good and 6 calls were made during that period yielding 142 pips in those 2 hours.

The third day (Friday) was a freaky day with prices moving back and forth and trading proving highly difficult. Trading was a struggle till midway of the trading day when a signal was given to long GJ and i requested people to hold it beyond the SL which was wrong on my part. The DD was close to 200 pips but i still felt that long was the way to go. The price came right back up vindicating my belief but by then few traders had closed at a loss. Couple of long calls were given on GJ and EJ which helped recover losses for some of the traders while some others were either stuck with the trade or with the loss.

143.4 still is strong support for GJ.

Last 3 days had 2 swing trades on EURCAD and USDCAD which yielded more than 300 pips which made it a decently profitable week for those who took all my trades.

I have decided to extend the trial by one more day to compensate for the Freaky Friday and hope to make good progress over the next 3 trading days.

My day trades are based on 5M and 15M and usually require less than 50 pips as SL and my swing trades are based on daily or weekly charts and need 200 pips as SL and have 200-300 pips as TP. The trades are based on simple PA and are straight get-in get-out type.. No confusing algos or indicators.

Many trades and types of trades are taken to enable people who prefer different ways of trading and who live in different time zones to take trades. It also helps people, irrespective of the time zone that they live in , to make atleast 50 pips in 2-3 hrs of trading time. Thats why i give more than 30-40 calls a day as i want to cover as many traders as possible at various points of time.

Looking forward to another 3 great trading days.