I posted a while back about a trading signals application called the forex sniper. this has been completely transformed into a proper signals & analysis tool and is no longer called the sniper. its free and the concept behind it is absolutely quality. i think its great… you should check it out on the FTSE 100 club website.
let me know what you think. in terms of its performance. I’ve been following the sniper since november last year. it shows a profit of 1,340 pips. pretty decent if you ask me. Recently it has struggled but its making progress again.
A great day so far for the signals app… already in profit by 73 pips. That’s now 313 pips for the month with 67 profit this week (having been down most of the week). Since this signals app began in november the highest pips profit recorded was 1,701 - it dropped a few weeks back but is climbing back up. i’m still waiting on its demise but it keeps proving me wrong. You gotta check this thing out. The total beauty of it, is its free to watch. the bad points, you can’t get every trade but it’s still got something i aint seen on the web before. a thumbs up from me.
I have looked at this site and even taken there free emailed signals. Please answer me this, what is you actual record using their signals? Is it practical in real trading. They seem the has so many signals and wins and losses seem to come is bunches.
apologies for the late response… My laptop got a virus. Been a nightmare but I’m finally back online again. I have done well from the signals Greg. I’m up around 900 pips since i been playing around with it (mid-december). I don’t trade it all the time. I only trade at certain times of the day when signals perform best. If you check the time and days analysis you’ll see that GBP/USD signals work well between 12pm and 1pm. And, it has an 80% win ratio. Another i like is USD/CHF signals… Trading them between 3pm and 4pm has 100% win ratio.
it really is up to the trader how you trade it. With my strategy I don’t have many trades. I am looking at a few other strategies using the analysis tools. there are so many of them, it’s taking some time but i think there are many ways this could be used. i feel like i’ve only scratched the surface.
I will share my strategies in this post once i refine them a bit more. One that i have been using is up 134 pips this month. it’s going well. for me greg, the thing i found difficult about trading was when to enter and exit trades. having the confidence to see it through. i like this because the signals are mysteriously generated and all i need to do is decide whether it will win or lose.