Weekly COT report Analysis + Trade Ideas

Long term view :Euro

Long Term view : Aussie

Long term view: JPY

Cable short trade

Hi All,

I signed up for shahab8b's signal service and tried it out for 1 month.

Shahab8b point out at http://www.forexfactory.com/showpost...4&postcount=87 that you have to count the losers as two positions in order to be able to close the positions at two different prices.


However he mysteriously forget that on this performance page on his web site. Furthermore he counts in a 220 pip winner on AUDUSD despite it was never triggered. He EVEN e-mails out to the members that the e-mail was never triggered...despite that he counts that 220 pips to the overall profit.



Therefore the results for November is not +548 pips as he claims but +21 pips. To that results you have to take out the spread and slipperage and since he e-mails your trade calls almost 24/5 you have to stay awake all around the clock.



Please find below the correct results for November



Trade Signal Number 37 (Shahab)
EURCHF Sell limit at 1.3890
SL=1.3950
TP=1.3650
TF=4-5 days
Cancelled

Trade Signal Number 38(Shahab)
EURUSD Buy limit at 1.3835
SL=1.3790
TP=1.4195
TF=4-5 days
Cancelled

Trade Signal Number 39(Shahab)
AUDUSD Sell limit at 1.0040
SL=1.0070
TP=.9840
TF=3-4 days
Cancelled

Trade Signal Number 40 (Shahab)
NZDUSD Sell limit at .7890
SL=.7939
TP=.7750
TF=4-5 days
-49pips X 2 = -98 pips

Trade Signal Number 41(Shahab)
AUDUSD Sell at 1.0150+/-5
SL=1.0210
TP=.98
TF=4-5 days
-28pips X 2 = -56 pips

Week Ending 12/11/10

TSN14(GeppyG)
SHORT USD/CHF at 0.9722
SL= 0.9752
TP= 0.9620
TF= 3-4DAYS
Cancelled


Trade Signal Number 42(Shahab)
GBPUSD Buy limit at 1.6060
SL=1.5980
TF=4-5 days
-80pips X 2 = -160 pips

TSN15(GeppyG)
LONG USD/CAD@ 0.9950
SL= 0.9880
TP= 1.0150
TF= 3-4DAYS
Cancelled

TSN16(GeppyG)
Short GBP/USD@ 1.6130
SL= 1.6160
TP= 1.5990
TF= 3-4DAYS
Break Even

TSN17(GeppyG)
LONG EUR/[email protected]+/-5
SL= 1.3660
TP= 1.3866
TF= 3-4DAYS
+45pips for the first positions and 0 for the 2nd = +45 pips

Trade Signal Number 43(Shahab)
USDJPY Sell Limit at 82.90
SL=.82.40
TP=80
TF=3-4 days
+20pips for the first positions and 0 for the 2nd = +20 pips

Trade Signal Number 44(Shahab)
EURGBP Buy Limit at .8445
SL=.8385
TP=.88
TF=4-5 Days
Cancelled


Trade Signal Number 45(Shahab)
AUDUSD Sell limit at 1.0035
SL=1.0085
TP=.98
TF=4-5 days
Cancelled

Week Ending 19/11/10
Trade Signal Number 46(shahab)
GBPUSD sell at 1.6180+/-10
SL=1.6220
TP=1.60
TF=4-5 days
+105pips for the first positions and 0 for the 2nd = +105 pips


Trade Signal Number 47(shahab)
EURJPY Sell limit at 114.50
SL=114.95
TP=111
TF=4-5 days
Cancelled

Trade Signal Number 48(shahab)
USDCAD Sell limit at 1.0180
SL=1.0220
TP=1
TF=4-5 days
-40pips X 2 = -80 pips


Trade Signal number 49 (shahab)
AUDUSD BUY at .9760+/- 10
SL=.9710
TP=.9995
TF=4-5 Days
+70pips for the first positions and 0 for the 2nd = +70 pips

Trade Signal Number 50 (Shahab)
USDCHF Sell limit at 1.0015
SL=1.0065
TP=.9800
TF=4-5 Days
Cancelled


Trade Signal Number 51(Shahab)
GBPUSD Sell Limit at 1.60
SL=1.6050
TP=1.5820
TF=2-3days
Cancelled

Trade Signal Number 52(Shahab)
USDCAD Sell at 1.0255 +/- 10
SL=1.0285
TP=1.01
TF=4-5 days
+55pips for the first positions and 0 for the 2nd = + 55 pips

Trade Signal Number 53(Shahab)
EURUSD Sell limit at 1.3650
SL=1.3710
TP=1.3370
TF=4-5 days
+30pips for the first positions and 0 for the 2nd = + 30 pips

Weeek Ending 26/11/10

Trade Signal Number 54(Shahab)
GBPJPY Sell limit at 134.30
SL=135.10
TP=130
TF=4-5 days
Cancelled

Trade Signal Number 55(Shahab)
EURUSD Sell at 1.3690 +/- 10
SL=1.3730
TP=1.35
TF=4-5 days
-40pips X 2 = -80 pips

Trade Signal Number 56(Shahab)
AUDUSD Buy limit at .9840
SL=.9790
TP=1.000
TF=4-5 days
+35pips for the first positions and 0 for the 2nd = +35 pips

Trade Signal Number 57(Shahab)
GBPUSD Buy limit at 1.5810
SL=1.5770
TP=1.61
TF=4-5 days
-40pips X 2 = -80 pips

Trade Signal Number 58(Shahab)
EURUSD Buy at 1.3475+/-5
SL=1.3435
TP=1.38
TF=4-5 days
-30pips X 2 = -60 pips

Trade Signal Number 59(Shahab)
AUSUSD Sell limit at 0.9815
SL=0.9855
TP=0.9500
TF=4-5 days
+55pips for the first positions and 0 for the 2nd = +55 pips

TSN18(GeppyG)
EURUSD Buy limit at 1.3290(+/-5)
SL=1.3230
TP=1.3450
TF=4-5 days
+100pips for the first positions and 0 for the 2nd = + 100 pips

Trade Signal Number 60(shahab)
AUDUSD Sell at .9850
SL=.9880
TP=.95
TF=4-5days
+220pips THIS one was NEVER triggered. You even sent out an e-mail to the members about the trade NOT being triggered. You cannot count this in your performance report = CANCELLED


Trade Signal Number 61(shahab)
USDCAD Buy at 1.0100 +/-5
SL=1.0060
TP=1.0360
TF=4-5 days
+120pips for the first positions and 0 for the 2nd = +120 pips


November Total +548pips Nope November Total +21 pips and NOT 548 pips!!!

Kudos for our Zorro of the day!

Man, the time it took you to write all this and save us from Shahab's trading signals, I've been trading following the way he taught me for free on these very pages and I made dozens of pips.

So how about you go back playing with your ea's or try to find the holy grail everywhere and let us enjoy trading simply and effectively?

Please Shahab, don't take the piss and go on leading the way.

You act like a kid, I will be surprised if you ever succeed in your live at anything.

First of all, you are lying about AUDUSD trade, I sent an email saying I entered manually at one of my platform (there was different high among platforms one was .9850 one .98495. You got a chart showing the reasons behind the trade and level we expect to enter. If you want to be spoon fed that's another story ( actually I guess I did that too, as I guided you through each and every trade when to move you SL to B/E and other things and as far as I know no one else does that)

Secondly, you got an email from us to provide us with your statement and if our trades caused you losing money during that period we would give you $1000 and you never did that.

Thirdly, even you wanted another one month free and that would be so irrational to ask if you lost money on our calls at the first place.

Moreover, We never provided Target 1 or 2 only one target then we sent the update later on so it depends on you whether to trade with one lot or two.

Finally, we ceased that service due to our other engagements and hopefully we dont need to deal with crying babies like you anymore.

Thanks mate,

I am used to this kind of people.They are everywhere no problem at all.

We will continue to share our knowledge here and learn from each other and all the noises will be ignored.

you are doing a great work here. thanks very much.
your charts are like a goldmine.

I think this happens with people that can't trade regardless. If you try to teach and give signals, this can happen. It's better to hide behind a black box and send signals.....even claim a neural network. lol At least you don't have to deal with jerks.

You are truly a great trader, one of my mentors and a good friend. Stay thirsty my friend!

Hi everyone

what do you think about fib 38.2 retrace on U/J ?

And how was your xmas ?

http://img140.imageshack.us/img140/6151/82874829.gif

I guess you mean 61.8?

I don't know about UJ. I'm currently watching what's going on under this trendline.

Xmas was good thanks, although the liver took a hit, as often

[quote=casperbet;4269325]Hi All,

I signed up for shahab8b's signal service and tried it out for 1 month.


Hey Shahab8b, don't worry about this guy. You are definitely one of the best traders on ForexFactory and everybody that reads your thread totally appreciates your clear and clean trading style. I also want to mention I think its really cool for you to take time explaining your reasoning behind your trades and answering questions, so anyone willing enough can learn to actually trade, rather than complain about a signal service that generates positive returns anyways!

hello guys

price touch mid line of fork and top of channel withe AB=Cd pattern

maybe many traders close long position in this area or open short postion

Previous support + 50% fib.

hi shahab8b,
your thread is nothing less than 5 stars. thank you for sharing.
regarding indicator mt4_levelstop_reverse-v2.0, for EurUsd you use 9,3,1 settings, what would you recommend for UsdJpy?
rgds/kevin

I know it might look insane to long euraud, but this could be a small chance to do so

Hi aserbfx,
Thanks for your kind comment.

eurnzd short term trade. retest of the descending trendline + previous low. not taking this one, but good to store for archive.

Hi Mike,

Thank you for your kind words. I learn a lot from you too, you are one of the best here.

BTW, I like your new pic "Stay thirsty my friend"

HAPPY NEW YEAR