Dear traders,
another profitable week for the ecs.LIVE service with 7 wins out of a total of 14 trades. Last week gave us a total of -85 pips with +1.08 % ROI.
Let’s review last week’s stats and the trade of the week.
We have scored another winning week. However, it was a rather difficult trading week. Why is that?
The financial markets were rangy and some of them changed trends multiple times per day.
Luckily, my unique money management method has helped me achieve a positive result with +1.08 % ROI – despite the -85 pips overall. As you can see, negative pips but positive results.
The trade of the week was certainly the GBP/JPY with 3% risk and +55 pips (see next part).
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.
1 | Apr 15 | EUR/USD | Short | 1.1965 | 0.50 | Loss | -40 |
2 | Apr 19 | GBP/JPY | Long | 150 | 1.00 | Win | 30 |
3 | Apr 19 | GBP/JPY | Short | 150.6 | 1.00 | Loss | -40 |
4 | Apr 19 | GBP/NZD | Short | 1.9425 | 1.50 | Loss | -60 |
5 | Apr 19 | GOLD | Long | 1774 | 3.00 | Win | 60 |
6 | Apr 20 | GBP/USD | Long | 1.395 | 0.50 | Loss | -50 |
7 | Apr 21 | EUR/USD | Long | 1.2025 | 0.50 | Win | 18 |
8 | Apr 21 | AUD/USD | Long | 0.771 | 0.50 | Win | 50 |
9 | Apr 21 | GBP/USD | Long | 1.394 | 0.50 | Loss | -40 |
10 | Apr 21 | GOLD | Short | 1786 | 1.00 | Loss | -90 |
11 | Apr 21 | GBP/JPY | Long | 150.15 | 3.00 | Win | 55 |
12 | Apr 22 | GOLD | Short | 1784 | 0.30 | Win | 30 |
13 | Apr 23 | GBP/JPY | Short | 149.9 | 0.50 | Win | 25 |
14 | Apr 23 | EUR/USD | Short | 1.2055 | 0.50 | Loss | -33 |
The GBP/JPY short setup was the trade of the week. After some losses, I ended the day with the GBP/JPY 3 % risk entry.
The risk was slightly higher as the part of my Inverted Pyramiding money management strategy that is unique and I have personally developed.
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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