Trading Journal: A Losing Week After Many Winning Months
Dear traders,
Last week was a losing one after many months of winning. The total result for ecs.LIVE service for the previous week was 3 wins and 6 losses adding up to a total of -150 pips and -6.17% return.
The week saw many whipsaws due to many uncertainties regarding future rate hikes and FED monetary policy.
3 Wins & 6 Losses with a Total of -150 Pips
-6.17 % was the ROI of the previous week. Our account is in a good standing but after some time we saw losses.
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 | June 21 | GOLD | Short | 1783 | 0.30 | Win | 90 |
| 2 | June 21 | GBP/AUD | Short | 1.8485 | 1.00 | Loss | -30 |
| 3 | June 22 | GBP/CAD | Long | 1.722 | 1.00 | Loss | -50 |
| 4 | June 22 | GOLD | Short | 1778 | 2.00 | Win | 80 |
| 5 | June 22 | GBP/USD | Short | 1.3905 | 1.00 | Loss | -40 |
| 6 | June 23 | GOLD | Short | 1781 | 0.50 | Win | 70 |
| 7 | June 23 | GBP/USD | Short | 1.3965 | 1.00 | Loss | -30 |
| 8 | June 23 | GOLD | Short | 1780 | 1.00 | Loss | -110 |
| 9 | June 23 | GOLD | Long | 1793 | 3.00 | Loss | -130 |
Trade of the Week: GOLD
As usual the trade of the week was GOLD. 70 pips has been made with 0.5 % risk.
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
How it’s possible to lose +20% in one day when Nenad has max risk 5%/day. He always repeats what is the Holy Grail in Forex…