Trading Journal: Black Widow Scores 88% Accuracy in First Week Sep

5 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

Black Widow has been extending the extremely high accuracy and winning streak during the first week in September. 88.8 % accuracy with a total of 137 pips is the weekly trading result.

3-Week Trading Result: 24 Wins 3 Losses

Being fully focused on the Black Widow system, both myself and traders who subscribed to our ecs.LIVE have been enjoying nice gains. This week has been outstanding to the Black Widow traders and riding along with the web of pips we managed to score 137 pips. 

Eight out of nine trades have been successful and so far the 3-week result is 24 wins and 3 losses. 

This is the Black Widow system which has been completely custom coded with the help of our coder Carlos. I have summarized a bit of each system into the Black Widow™ making it completely suitable for both trending and 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.

The old account which I have been trading has almost been fully recovered thanks to the Black Widow system and you can follow it here. Remember, I have made 100k out of 10k, withdrew 90k and then due to Covid-19 crisis I almost lost 10k. Thanks to the implementation of the Black Widow I have managed to recover the account to above 7k!

Black Widow MTF Approach

The Black Widow uses custom coded indicators to measure both trend and volatility of the markets. We know exactly where the markets will reverse thanks to our exclusive combo of camarilla pivots and ATR levels (Reverse indicator).

We also use the custom coded 3 MTF indicators for trend and range filtering. The system is algo-powered and this means that you can take high accuracy trades during both range and trends.

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.

Black Widow Trade of the Week

The best trade was the EUR/AUD. I have sent the signal after the NFP. It was an excellent trade, scoring 35 pips with our trade management. The final pip count was even higher but well, we always use trade management as we dont want to give the pips back to the market.

The main difference from previous systems is that entries, targets and stops are dynamic which means that we might change stops and targets once we take the trade. The basic premise is taken from the market conditions which have changed a lot due to the biggest crisis since the GFC.

If you are more interested in the Black Widow and our live trading setups check out our website

Cheers and safe trading,
Nenad

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