Dear traders,
This week has been outlined by the huge GBP volatility as the Brexit rollercoaster continued.
We had a huge intraday volatility on the GBP crosses and algorithms of the Black Widow system managed to fight it well. In the end, we have finished the week with approximately +2.73 % gain.
During the week, again Friday was the decision day for the Black Widow. Let’s review the trading statistics and trade of the week.
The whole week was good and it is very hard to pick the best trade. One of the traits of the Black Widow system is cherry picking trades which have a very high potential of going into profits.
That’s why it has algo based multiple filters. Until we see a sure hit, we don’t pull the trigger.
This is the summary of our trades with the ecs.LIVE channel group. Here is the table:
1 | Oct 26 | GBP/CHF | Short | 1.183 | 0.50 | Win | 20 |
2 | Oct 27 | USD/CAD | Long | 1.3176 | 0.50 | Win | 20 |
3 | Oct 27 | USD/CAD | Long | 1.3175 | 0.50 | Win | 20 |
4 | Oct 27 | USD/CAD | Long | 1.3156 | 0.50 | Win | 39 |
5 | Oct 28 | AUD/CAD | Long | 0.938 | 0.50 | Win | 20 |
6 | Oct 28 | AUD/NZD | Short | 1.0655 | 0.50 | Win | 12 |
7 | Oct 29 | EUR/GBP | Short | 0.9045 | 0.50 | Win | 15 |
8 | Oct 29 | AUD/JPY | Long | 73.4 | 0.50 | Win | 20 |
9 | Oct 30 | USD/CAD | Long | 1.33 | 0.50 | Win | 35 |
10 | Oct 30 | GOLD | Short | 1884 | 0.50 | Win | 50 |
As you can see, 10 out of 10 trades are winners. It was at the end in profit scoring approximately +3.23 % ROI, depending on the risk taken. So far, so good and I expect the winning trend to continue.
The Black Widow uses Nenad’s unique controlled pyramiding strategy.
Here is the screenshot of the new Black Widow live account and you can follow it here.
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.
It is very hard to pick the best trade. But let’s pick the best market for the last 3 months and it is again – GOLD. It was an excellent trade, scoring 50 pips with 0.5 % risk In addition to GOLD, we had an excellent triple win on the USD/CAD too.
To get a much deeper understanding of the Black Widow please read this article. If you are interested in taking your trading to the next level with me as your mentor, then 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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