Dear traders,
Amidst the US elections, Covid and Brexit, the best semi-automated intraday system continues to show success.
Last week’s total was +94 net pips with +3.68 % gain. We have a new higher high on our corporate ecs.LIVE account.
With the close of the last week, the win to loss ratio reached 3:1(!). This means that for every loss, we close 3 trade setups in profits. The extreme accuracy of the Black Widow method remained unscathed in the midst of the US elections.
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.
The main engine for this are its multiple, algo based 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 | Nov 2 | EUR/GBP | Short | 1.902 | 0.50 | Win | 20 |
2 | Nov 2 | USD/CAD | Long | 1.3275 | 0.50 | Loss | -45 |
3 | Nov 2 | AUD/JPY | Short | 73.8 | 0.50 | Loss | -55 |
4 | Nov 3 | EUR/CAD | Long | 1.541 | 1.50 | Win | 32 |
5 | Nov 3 | USD/JPY | Long | 104.6 | 1.00 | Win | 57 |
6 | Nov 4 | EUR/JPY | Long | 122.35 | 0.50 | Win | 20 |
7 | Nov 5 | GBP/CAD | Short | 1.7135 | 0.50 | Win | 35 |
8 | Nov 5 | GBP/CHF | Short | 1.0875 | 0.50 | Win | 15 |
9 | Nov 6 | AUD/NZD | Long | 1.0695 | 0.50 | Win | 15 |
As you can see, 7 out of 9 trades are winners. It was at the end in profit scoring approximately +3.68 % ROI, depending on the risk taken. So far, so good and I expect the winning trend to continue.
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 of last week. But let’s choose the best market, which ended up being the USD/JPY. It was an excellent trade, scoring 57 pips with 0.5 % risk.
In addition to the USD/JPY, we had an excellent 1.5 % risk win trade with the EUR/CAD.
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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