A brand new trading system

hi folks - a while ago i posted a forex signals application by the ftse 100 club called the forex sniper. they have now taken away the login on this software and it’s completely open for everyone to use. I suggest you take a look at this. here’s the link: The Forex Sniper - i’m sure this will be of interest to most of you.

all the best - cappa.

Thought I’d report that The Forex Sniper ended January 409 pips in profit. That’s 1,346 since late November. Sure is worth checkin this out folks.

It is good thing that Forex Sniper is completely FREE. It will encourage new traders to use it and analysis for long time. As it generates trading signals on the basis of devised formula so I have some doubt about its accuracy.

I know what you mean Haley. I have been watching it very closely since they launched it. I have been impressed. The burning question is how long can it produce the results it has. I see it is down today tho… Not a great start to February.

I have a system I use on the sniper that you may be interested in Haley… The USD/CHF is 64% win ratio which is pretty good. I have been waiting until any of its trades go behind first, then take the stops and limits from the platform. This slashes my risk and allows me to benefit from a 64% winning currency. I have taken 130 pips since the middle of January. It’s not amazing but every little helps.

I’ll keep this post updated on its results and my findings with the systems you can use within the sniper application.

I really should get back to work :o) - sadly trading ain’t getting me out of work just yet.

Wow! Great day on the Sniper today… After a week of being down 91 pips, it won 170 pips today! I caught 120 of them selling the euro/dollar and the gbp/usd. It’s back in profit for feb now. All good.

Enjoy the weekend folks,
C

A quick update on the forex snipers performance this week:

Monday: 41 pips profit.
Tuesday: 116 pips loss.
Wednesday: 143 pips profit.
Thursday: 12 pips loss.

So far a weekly profit of 56 pips. not ground-breaking, but a profit :slight_smile:

Hey all, the sniper under achieved this week big time. It’s biggest loss since I started watching it. Down arund 200 pips this week. It’s a shame as it started the week very well… in fact, it was up over 100 pips. I hope this isn’t the dreaded turn in performance. it was doing so well. Still, profit of 1,274 since late November. It did peak at 1,600 this week. Grrr. I will keep my eyes on it.

Enjoy the weekend,

Cappa

Another update on the Sniper - this time a positive one. Since my last post, the Sniper has wiped the losses and is back in profit. It was squeaky bum time for a bit but appears to be back on track. Total profit now sits at 1,405 pips (since Nov 2011). Up 50 pips (6 wins, 6 losses) this week and up 129 pips today. Happy days!