Trading Journal: 2.73 % Gain This Week with the Black Widow Method

7 min read
tarantula fx

tarantula fx

Head of Trading

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.

9-Week Trading Result: 80 Wins & 31 Losses

Until October 12, we had a losing streak. It was a hard week at the beginning as JPY trades scored losses. But after October 12, we had multiple wins in a row and turned the tide of the battle. 

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

1Oct 19EUR/NZDShort1.77250.50Win10
2Oct 19EUR/NZDShort1.77450.50Win47
3Oct 19GBP/CHFShort1.1860.50Win20
4Oct 19GBP/USDLong1.29930.50Win12
5Oct 20GBP/AUDShort1.8320.50Loss-50
6Oct 20GBP/AUDShort1.84050.50Win23
7Oct 20EUR/CADLong1.55150.50Win25
8Oct 20GBP/AUDLong1.8330.50Win42
9Oct 21AUD/USDShort1.7080.50Loss-30
10Oct 21EUR/JPYLong124.11.00Loss-40
11Oct 22GBP/NZDLong1.96751.00Loss-65
12Oct 22GBP/NZDLong1.96711.00Loss-61
13Oct 23GOLDLong19003.00Win110
14Oct 24DAXShort126801.00Win30

 

As you can see, 9 out of 14 trades are winners. It was at the end in profit scoring approximately +2.73 % ROI, depending on the risk taken. The risk control is very rigorous with the Black Widow system. In the 5th column above you can see the risk for each trade taken (0.5-3 %)

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.

Black Widow Trade of the Week

The best trade was again – GOLD. It was an excellent trade, scoring 110 pips with a 3 % risk.

In addition to GOLD, we had a new market trade this week. It was the DAX. In the future, we will also trade indices with the Black Widow.

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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