Day 11 – 27 January

From Paul’s data it appears I got all the trades on Tuesday. The variance between Paul’s data and mine widened a wee bit, with the average variance now at 2.79, or 0.79 after spread has been removed.

From Paul’s data it appears I missed trades for +48, -3, 0 and +3 yesterday. Using the new adjustment figure this equates to 36.83 pips. The total number of pips I have missed is now something like 35.21 (£351.10).

First trade today stopped me out of the Scalp 15 trade (and by inference the Scalp 10 too), but as Paul got better prices he managed to stay in. I have recorded these as loses.

Frustrating sit-on hands day, first trade was 9:45, and a long pause until the final trade.

However, there is a tale to tell on the final trade; Paul came on chat and informed everyone to prepare for a sell. The bongs came, and then the buzzer and I duly sold. However, Paul noticed that the arrow on the signals page still showed Close, so Paul informed us to scrub the trade and I closed at that point for a small loss as noted below. I do hope this technical glitch is just that. It has also to be noted that this scrubbed trade would have been a winner for about 8 pips with the Scalp 10 trade closing at profit target.

Service closed at 16:53 as too close to 17:00 to open a new trade.

Lastly; I have fixed the spreadsheet and believe that it now calculate profit and loss correctly. One other thing I did notice whilst doing this is; I am calculating profit based on Scalp 15 trade plus signal-2-signal. I added the pip totals together and multiplied by £10 per pip. However, this is not how I would trade these signals; it would be £5 on the Scalp and £5 on the signal-2-signal for a total of £10 when the trade is opened. This halves the overall loss. However, in judging just the signal-2-signal service, the trade here would have been the straight £10 per pip so this profit is now calculated differently. Sorry about this confusion, but making this change allows for fair comparison with other Cash-Masters ForEx reviews.

Raw Data:

Time TEC Signal Scalp 10 Scalp 15 Sig2Sig
09:45 Buy 1.59020 -15.00 -20.00 14.50
10:45 Sell 1.59170 -15.00 -20.00 -40.00
11:09 Buy 1.59490 -12.10 -12.10 -12.10
11:20 Close 1.59440
16:09 Sell None -2.80 -2.80 -2.80
16:18 Close None

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Today’s Summary:

Time Bands Scalp 10 Scalp 15 Signal2Signal Profit
S-2-S
Combined
Profit
6:00 to 9:00 0 0 0
9:00 to 12:00 -42.10 -52.10 -37.60
12:00 to 14:00 0 0 0
14:00 to close -2.80 -2.80 -2.80
Totals -44.90 -54.90 -40.40 -£ 404 -£ 477

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In Total:

Time Bands Scalp 10 Scalp 15 Signal2Signal Profit
S-2-S
Combined
Profit
6:00 to 9:00 -68.60 -104.30 -50.40
9:00 to 12:00 -38.90 -47.80 -9.80
12:00 to 14:00 -46.70 -90.60 19.70
14:00 to close -88.30 -94.60 -66.80
Totals -242.50 -337.30 -107.30 -£1, 073 -£2, 223

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From Paul’s data it appears I missed trades for +48, -3, 0 and +3 yesterday. Using the new adjustment figure this equates to 36.83 pips. The total number of pips I have missed is now something like 35.21 (£351.10)(see Day 9 for details of other missed trades) bringing the signal-2-signal loss to £720.90.