Forum >> Update of current Trades (archive)

Thank you Silvertrader

I'm holding both Positions too!

And all other aswell and I feel confortable with those!

Great Signal Service.

Have a great Weekend too.

Edi

Hi Edi,

Regarding the EURCAD situation...

As you know, our system provides leading signals, which means they are foretelling the price trend turns in any particular currency pair we monitor and trade. Due to this feature, sometimes the signals come a bit too early, which is the case now with the EURCAD.

If you check out the signals for this currency pair, you see that we had two buy signals, on the 22nd and 23rd of December, 2009. As of today there has been no "close of signal" notification for that currency pair, therefore they are still valid and I have been holding both long positions since I sent out those signals. And yes, they are currently under water, as the market slipped one level lower and bounced at 1.4720-1.4730 twice, currently hovering around 1.4800. This looks like a bottom-seeking price action to me, so we should see a reversal soon. Although there have been no further signals, you may use the current price level to improve your average entry price, or you may just sit tight and wait for the reversal. One of the key skills in forex trading is being able to sit tight, you know...

Have a great weekend!

Silvertrader

Hi Silvertrader

I'm running all your Signals since December.

As I trade those Signals with Micro-Lots the Drawdown of certain Positions isn't a big Issue and the Mix of all Trades together is very good.

Once a Pair moves in the right direction and we are running it with 1-3 or 4 Positions it is incredible how

this changes the Account...

Could you have a look at the EURCAD and give us an update of this Position?

Do you still hold it?

Thanks a lot.

Edi