From the category archives:

Spread Betting

July 14, 2011

Boss Forex Signals

A disappointing start to this service with a loss of 329 pips so far on the mid-long term trades and a small profit of 17 pips on the live webinar trades.

This is what Lee had to say about his results:

“Not the start I had wanted…. No excuses as it is my job to call these trades, I will be running live calls showing one of my screens on the webinar for all scalp trades and the longer terms will go through the live feed but I will also show on the webinar and the members blog vids all reasons for entering trades and showing how each decision was made for the longer term trades.

I am very confident in having the best signals site around and I have worked very hard this last week and I am hoping this will pay off.

I have had to give refunds back to many members but I am wanting to start a fresh with the 2 methods one for scalping and the other for mid/long terms.

Anyone who has had a 7 day free trial will be welcome to another one as I will delete the profiles and let another trial be had by any members wanting another look at the new structure.

I will be aiming to help members achieve early goals of 20-40 pips so members will not have to be tied up all day for people only wanting lesser daily targets.

I am also starting a trade copier service this week and I will have an account which can be shown to all that will record all the trades given.

This will mean anyone that has not got time to trade can also benefit. I will give you an update on this next weekend as this will be tested more this week and we will be going live a week tomorrow.

I will welcome any of your bloggers to come and watch the daily webinars and give a real time review.

Looking forward to getting the service going now all the glitches are sorted, the live webinar is a great tool as the delay is only about a second so great for scalping.

Regards,

Lee”

Past results for BOSS have always been excellent, however, in light of the recent results I’m going to recategorise this service as Neutral and ask one of the Cash Master bloggers to run a fresh test on the new service.

0 comments

Filed under Forex,Spread Betting by Graham

July 14, 2011

TEK Trading

I didn’t see any setups this morning and I have a medical appointment this afternoon.

No trades today

4 comments

Filed under Forex,Spread Betting,Trading by Arthur

July 14, 2011

TEK Trading

http://screencast.com/t/zzsZND3b

Just the one trade today and that on EUR/USD off the 1 hour chart. I set the stops at 50 pips and exited for 46.9 pips profit. There were only 10 more pips more or less in the move, so, for once, I exited at about the right point.

There was a nice setup for Oil just before a news event, so entry would have been very risky and I let it pass.

0 comments

Filed under Forex,Spread Betting,Trading by Arthur

July 12, 2011

TEK Trading

2 trades today.


A losing EUR/USD trade. Evaluating the trade it still looks valid to me. Sometimes valid trades go against you and I feel that is what happened here. The stop loss was 30 pips.

 

A winning Brent trade with a 50 pip stop loss. I exited this far too early, probably due to a negative reaction to the previous trade. Conquering emotions is one of the hardest things to master for a trader. Still nearly recovered the previous loss though with a profit of 26 pips.

 

http://screencast.com/t/IWuA0irdRnDG

 

So an overall loss of 4 pips.

 

I understand from Graham that there only a few places left. The intent of this trial was to show some real-time TEK trades from someone without a vested interest. I hope you can see that TEK does work. Some errors and pitfalls are expected along the journey to profitable trading.

0 comments

Filed under FTSE 100,Spread Betting,Trading by Arthur

July 11, 2011

TEK Trading

Two more trades from TEK Trading. Click on an image to enlarge:

Kyle has told me that the  date of this event may have to be moved back a week or so, depending on when the venue is available, and there are some seats left if you are interested in attending.

Full details here:

http://www.cash-master.com/blog/tek-registration-information/

0 comments

Filed under Forex,FTSE 100,Spread Betting,Stocks by Graham

July 11, 2011

TEK Trading

I have been poorly over weekend and feeling poorly today. Detail isn’t required here (trust me on this) but it’s probably a virus. Unlikely to trade today, hopefully back on track in a day or so.

0 comments

Filed under Forex,Spread Betting,Trading by Arthur

July 7, 2011

TEK Trading

A difficult day’s trading for me as there have been lots of heavy hitting news events at regular intervals. I didn’t see any tradable patterns on AUD/USD. I did manage to hop on a Brent oil trade towards the end of my trading window.

http://screencast.com/t/vqCOdB6fvvc

I set the Stops on this at 35, 40 would have been prescribed by the method. The trade made 93 pips (£930 at £10 per pip), more pips were available but I slightly messed up my target, which would have been 100 anyway. 100 pips on a move should be enough for anybody!

I have been trading this for 6 days now. My pip total is 162.9 pips for £1, 629 profit at £10 per pip.

As stated earlier in the week, as tomorrow is Non-Farm Payroll I won’t be trading tomorrow.

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Filed under Forex,Spread Betting,Trading by Arthur

July 6, 2011

TEK Trading

I am calling it quits a tad early today. I only got one trade today and that was on AUD/USD.

http://screencast.com/t/vYiLxOLAHar

I did miss a fine setup on EUR/USD for 60 pips. Oh well always next time!

Stops on the AUD/USD trade were 20 pips, and I took 17.2 pips of profit for £172 at £10 per pip. The momentum showed signs of exhaustion and this was a safe exit.

Oil gave me no setups today off the 1 Hour chart.

0 comments

Filed under Forex,Spread Betting,Trading by Arthur

July 5, 2011

TEK Trading

I wasn’t around much this morning due to some health issues.

I also want to put a marker in the ground now that I won’t be trading on Friday. Friday is Non-Farm Payroll day (NFP) and the ForEx markets act very strangely around this news event. I never trade NFP day, and have said so on previous ForEx reviews I have trialled on here.

http://screencast.com/t/p2hs6dX9

A successful day with 47.7 pips, for £477 at £10 per pip.

The stop on the AU trade was 35 pips, however I closed this trade once it became clear the trend had completed and the price had become range-bound.

The stop on the oil trade was a massive 150 pips. The Brent chart started to indicate the move had run out of momentum so I exited the trade. Had I stayed in at least another 74 pips were available, but I still feel that the decision to exit was the right one given the chart pattern.

In neither trade were the stops under any sort of risk.

As I stated at the start of this trial, a consistent target of 30 pips per day is good enough, so today exceeded this goal.

I am convinced that TEK Methodology works. However, be warned, this will take both time and effort on your side (it is well worth the investment of both). The TEK Methods are simple, but ForEx trading is not easy. I see from the proposed agenda that Kyle will address this on the day.

0 comments

Filed under Forex,Spread Betting,Trading by Arthur

July 4, 2011

TEK Trading

Kyle has moved the stop again on Rio Tinto now locking in 300 pips profit on this trade so far.

Click on the image for more detail:

If you’d like to learn how to turn a £1000 bank into £10,000 in 6 months then check this out:

http://www.cash-master.com/blog/tek-financial-trading/

 

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Filed under Forex,FTSE 100,Spread Betting,Stocks by Graham