Trading Journal: Hard Trading Week Due to Disappointing Pfizer Vaccine News

6 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

On January 18, a disappointing news hit the wire. According to Bloomberg “Norway said Covid-19 vaccines may be too risky for the very old and terminally ill, the most cautious statement yet from a European health authority as countries assess the real-world side effects of the first shot to gain approval.”

That said, the ecs.LIVE service has lost initial Gold trades and few others due to risk sentiment shifting away from previous trends.

5 Wins & 5 Losses in the Third Week of 2021

The result for this trading week is negative with – 5.32 % ROI as the overall result. However, due to a huge winning streak the ecs.LIVE keeps excellent results despite the loss. 

I have introduced new Murrey Math higher TF trading and the signals will be added to Black Widow.

Due to the specific risk portfolio of each trader, I urge you to take a look at our SpreadSheet where I have been thoroughly writing down each trade I send in the Telegram channel.

Trade Summary

1 Jan 15 GBP/USD Long 1.3647 3.00 Loss -53
2 Jan 18 GOLD Short 1836 1.50 Loss -200
3 Jan 18 GOLD Short 1834 0.50 Loss -210
4 Jan 19 AUD/JPY Short 80.3 1.00 Win 35
5 Jan 19 GBP/JPY Short 141.5 1.00 Loss -40
6 Jan 20 GOLD Short 1854 0.50 Win 160
7 Jan 20 EUR/USD Short 1.2125 2.00 Loss -45
8 Jan 21 GBP/CHF Short 1.2135 1.00 Win 22
9 Jan 21 GBP/CHF Long 1.215 1.00 Win 47
10 Jan 21 GBP/USD Long 1.3722 1.00 Win 51

Trade of the Week: GOLD

GOLD was the trade of the week, giving us a total of 160 pips. Black Widow Trade has been executed flawlessly.

To get a much deeper understanding of the Black Widow please read this article. You can get both the live trading setups and CAMMACD system that generates them via our website.

Cheers and safe trading,
Nenad

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