Signals has always been something I’m interested in but never taken the plunge myself.
My concern has always been that they say they are profitable by giving signals at specific entry and exit levels, but can you ever actually get in or out in the time between they send the signal and you get to your chart?
It is not a problem. When the SL and TP are 300 pips or more, the entry does not have to be very precise. Laidi usually gives a 30 pip range for the entry price. His signals are based on daily, weekly, and monthly charts.
Your concern would be justified if the objective was to go after 20 or 30 pip scalps.
I’ve come to the conclusion that one must be their own signal provider.
I’ve recently saw a video of a method that I would never have imagine or try trading with. it’s based on the 1 hour chart and usually targets 20 to 30 pips that usually materialize in an hour or two…still testing it with micro lots to see if it has any merit…but so far I’m 2 for 2. will keep you posted.
The method is used on the hourly TF…but from what I tested…it works on the daily…I’ll post the trades according to the system at 5PM EST. will see if has an merits. Maybe I’ll solve all our problems and become the service provider LOL
Ok the new setup supplied the following trades…will see how it goes. tomorrow is NFP so might not be a good idea to trade this but this is for testing only:
Short GBP/USD 1.4568
Short AUD/USD .71964
Short NZD/USD .67250
Long USD/CAD 1.3750
WILL UPDATE IN 24 HOURS.
I posted this an hour early…now it is 5PM EST…i’m in CA so I did the math wrong.
so the correct time for the signal is at the end of the trading day which is 2PM PST or 5PM EST.
the numbers are still too close to modify…update in 24 hours.
From my 36 signals were closed 35, 11 of them were closed SL, this week in the first we received a loss in a size more than 800 pips, (details of each transaction are published).
gariks…if you really want to impress people/traders on this post. Then you will need to post your trades before they happen and we can see the results for our selves…just like I did with my prior posts.
Looking forward to your next trades.