Day 5 –18 January

Another difficult one to summarise. Headline is 39 pips up for the day bit this does not tell the whole story. Early birds will have caught a nice move for 80-ish pips and the service was 144 pips at one stage. People should have stopped trading at that point as 100 pips, or 50 pip targets had easily been achieved.

However I keep recording the signals so that anyone thinking of only using this service at lunchtime or in the afternoon can see whether it is worth their while. It is interesting to note that the lunchtime session is in profit, just, but never the less…!

One last comment on the day; Paul caught a massive move around some news at 9:30. This could easily have gone the other way and put a different light on today. I need more data before deciding whether this was luck or whether this was due to Paul’s trading strategy.

The service was stopped at 17:00 although there were no signals after 14:39.

The average variance between Paul’s signals and my entries was 1 pip.

Due to server issues signal-to-signal service was unavailable most of the day. In its place we had a trade and stop strategy instead, hence the raw data shows a couple of close signals.

Raw Data:

Time TEC Signal Scalp 10 Scalp 15 Sig2Sig
08:05 Buy 1.59570 10.00 15.00 83.90
09:37 Sell 1.60440 10.00 15.00 30.30
10:45 Buy 1.60100 -15.00 -20.00 -36.50
12:09 Close 1.59800
14:15 Sell 1.60007 10.00 -20.00 -28.70
14:39 Close 1.60330

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Today’s Summary:

Time Bands Scalp 10 Scalp 15 Signal2Signal Profit
6:00 to 9:00 10.00 15.00 83.90
9:00 to 12:00 -5.00 -5.00 -6.20
12:00 to 14:00 0 0 0
14:00 to close 10.00 -20.00 -28.70
Totals 15.00 -10.00 49.00 +£390.00

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In Total:

Time Bands Scalp 10 Scalp 15 Signal2Signal Profit
6:00 to 9:00 -38.60 -73.20 -42.40
9:00 to 12:00 -68.60 -113.20 -102.10
12:00 to 14:00 23.20 5.40 -2.00
14:00 to close -80.50 -86.80 -47.80
Totals -164.50 -267.80 -194.30 -£3, 531