Another winning week. The week has been positive with 1.67% ROI (return on investment).
Thanks to an excellent money management system we use in ecs.LIVE trading rooms, we have been able to weather all sorts of storms that the market might present to us
The negative pip count is mostly due to Gold as the pip calculation is different than in Forex. The Final result is 4 Wins, 4 Losses, -150 pips but +1.67 % gain.
Although this week ended up with negative pip count (due to GOLD calculation being different than Forex in terms of pips), the total 18-week result remains staggering with 150 wins (+/- 72%) and only 60 losses (+/- 28%.
This is the summary of our trades with the ecs.LIVE channel group:
As you can see, 4 out of 8 trades are winners.
We haven’t had a single losing month since the inception of the Black Widow. But you need to know that losing months are perfectly normal and when they happen they will be reflected here.
Due to the specific nature of the Black Widow system we trade with Inverted Pyramiding money management. This week’s saviour was the GBP/AUD which made 100 pips with 4 % total risk.
Cheers and safe trading,