I hope you all had a good weekend. We had yet another great week with +421 Pips. Not bad considering we didn’t trade on Friday at all, mainly due to NFP and other factors. At at the end of the month I’ll post more detailed report for your review. As you may have already noticed that I usually don’t like reporting and maintaining pips tally during the week. Thinking about performance while performing is not recommended for psychological reasons. It is an important topic and I’ll write more on it in later posts. By the way thanks to Aurimas for helping out with pips tally.
Last week I received several feedback on how to improve signals, I thank everyone for contributing. After carefully considering all recommendation following changes are taking place.
As of today I’ll post time in both EST and GMT as well, this should help convert signal time to your local timezone. I’ve also added a timer on the home page, it will also tell you when is the next signal due. This timer needs to be adjusted manually every 4 hours, so don’t panic if I miss or put incorrect time on it
There were some recommendations to represent signals in tabular format in the emails and the blog. From my experience both email and blog are not really good at handling tables / spreadsheets. Their format varies a lot in different email clients and browsers. However I am still working on it and will let you know if anything changes. Thanks Jeff and Peter for your spreadsheets.
Another important suggestion came via email from JP, he did analysis based on trading only one lot as opposed to three lots per trade. So far his research shows that it would have been more profitable this way to trade in January. I’ll wait for more data and further testing before make any official announcement. If it works, I do see merit in this method, it could reduce trade management and help traders manage risk better.
Lastly, Peter has created a spreadsheet which can help calculate Profit Targets and trade log. Please make sure you have read the instructions at the bottom.Thanks to Peter for taking time to put this spreadsheet together. You can download it here Lot Size Calculation
I am always open to suggestions, so please feel free to leave comment below.