Trading Journal: Black Widow Scores 132 Pips In the Net 🕸

7 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

Black Widow continues to reign. Despite the internet problems which I had with one trade (my internet connection was cut off), the outcome last week was once again positive.

Let’s review the stats and the trade of the week with the highly awaited Black Widow.

7-Week Trading Result: 59 Wins & 14 Losses

The Black Widow system provided good gains with a total of 90 net pips. 

This is the summary of our trades with the ecs.LIVE channel group. Here is the table:

1 Sep 28 USD/JPY Long 105.3 0.50 Win 16
2 Sep 28 AUD/NZD Short 1.0775 0.50 Loss -40
3 Sep 28 EUR/JPY Short 123 0.50 Loss -40
4 Sep 29 AUD/NZD Short 1.0802 0.50 Loss -40
5 Sep 29 GBP/AUD Long 1.084 1.00 Win 35
6 Sep 30 EUR/AUD Short 1.649 0.50 Win 27
7 Sep 30 AUD/JPY Long 75.1 0.50 Win 22
8 Sep 30 EUR/JPY Long 123.7 1.00 Win 18
9 Sep 30 GBP/CAD Long 1.7175 0.50 Win 30
10 Oct 1 GBP/CHF Short 1.1855 0.50 Win 20
11 Oct 1 GBP/CAD Long 1.711 0.50 Win 20
12 Oct 2 EUR/JPY Long 123.35 0.50 Win 12
13 Oct 2 GBP/CAD Short 1.722 0.50 Win 10

 

As you can see, 10 out of 13 trades are winners. The extreme accuracy is the main feature of the Black Widow. Volatility is our friend, but have no doubt that the Black Widow trades are great even during ranging market conditions.

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.

Black Widow Trade of the Week

The best trade was GBP/AUD. It was an excellent trade, scoring 35 pips with our trade management. The final pip count was even higher( as you can see in the chart) but as Black Widow likes to trap the profits and secure them once they are made! 2 out of 3 TF indicators have been aligned during the real time just after the reverse signal and we scored a nice win here.

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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