Honest Forex Signals

by | 7th September, 2012 | 3 comments

Week 2: 77.10 pips for £ 771.00
Overall:  20.60 pips for £ 206.00 with an average stop of 80.4
Using a £2,500 starting bank and 2% risk, the balance stands at £2,511.80

 

Open Time Type Currency Price S / L T / P  Profit Stop Pips
2012.09.03 03:01 buy gbpusdsb 1.58564 1.5776 1.5896 396 80.4 39.60
2012.09.04 04:02 sell gbpusdsb 1.58947 1.5975 1.5855 397 80.3 39.70
2012.09.05 10:30 buy gbpusdsb 1.58363 1.5756 1.5876 384 80.3 38.40
2012.09.05 13:01 sell gbpusdsb 1.58978 1.5978 1.5858 -802 80.2 -80.20
2012.09.07 13:01 buy gbpusdsb 1.59264 1.5846 1.5966 396 80.4 39.60

3 Comments

  1. johnny on Saturday, 8 September, 2012 at 11:20 am

    Hi Arthur,quick question if i may,if you’re using a 2,500 starting bank,and £10 per pip,surely an 80 point stop would blow the bank in no time?

    • Arthur on Sunday, 9 September, 2012 at 6:11 am

      Johnny,

      sorry for the confusion, I am running two banks.
      1) The £2,500 starting bank is actualy using lotsizes (stakes) of around 60p.
      2) The £10 per pip is standard across all cash-masters forex trials. It therefore follows that to use a £10 per stake, the bank would need to be in the region of £40k.

      Hope that helps

      Art

  2. Johnny on Sunday, 9 September, 2012 at 8:59 am

    ok,cheers,had a look on their site,I’ll be following your progress with interest 🙂