Free Live Forex Signals By WatanFX.com

#181
Dec 17, 2015 1:13am Dec 17, 2015 1:13am

WatanFX
| Commercial User | Joined May 2015 | 260 Posts

Quoting noismaster

Disliked

Last signal EU is crap!!!!

Ignored

The signal performed as intended in terms of direction within 48 hours of the issue.

Traders with smaller deposits, tighter stop losses would have lost the trade, whereas the ones with liberal stop loss value and strict compliance to trailing stops would have ended up in a reasonable profit.

Lot size management is the main element here. A trader can adopt wider stop loss policies with 0.01 ticket sizes.

Another factor which is of extreme importance and quite conveniently left out is the deposit. Trading and investing require a handsome deposit for it to generate any kind of alpha, especially when considering the level of risk involved in the markets.

Such is the way of trading. A signal can generate losses for one person and a profit for the other.

The key is trade management post execution, which only comes with experience.

There are no magic pills in the complex and highly risky world of forex trading.

For comprehensive support, please write an email to [email protected].

Thank you.

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#182
Dec 17, 2015 5:50am Dec 17, 2015 5:50am

XxixixX
Joined Aug 2015 | Status: Trader | 287 Posts

Quoting WatanFX

Disliked

{quote} The signal performed as intended in terms of direction within 48 hours of the issue. Traders with smaller deposits, tighter stop losses would have lost the trade, whereas the ones with liberal stop loss value and strict compliance to trailing stops would have ended up in a reasonable profit. Lot size management is the main element here. A trader can adopt wider stop loss policies with 0.01 ticket sizes. Another factor which is of extreme importance and quite conveniently left out is the deposit. Trading and investing require a handsome deposit...

Ignored

As stated on your site with this specific trade.

"Our main thesis on the EURUSD still stands, but this one is a for a quick profit.
Buy EURUSD pair to take profit at 1.10134.
Set the stops to at least 50 pips.
This signal is purely based on intraday price action and has nothing to do with its fundamental characteristics.
Make sure you dive in when the currency is moving downwards. Always buy into weakness with our signals.

The price never went to your target and in fact you would had been stopped out for a loss. I am unclear how you can say ones with tighter stops (your recommendation was a 50 pip stop) would had been at a loss and those that had a wider stop and a trailing stop would had made a profit? How wide of a stop loss are you using yourself than?

#183
Edited 9:44am Dec 17, 2015 8:34am | Edited 9:44am

WatanFX
| Commercial User | Joined May 2015 | 260 Posts

Quoting XxixixX

Disliked

{quote} As stated on your site with this specific trade. "Our main thesis on the EURUSD still stands, but this one is a for a quick profit. Buy EURUSD pair to take profit at 1.10134. Set the stops to at least 50 pips. This signal is purely based on intraday price action and has nothing to do with its fundamental characteristics. Make sure you dive in when the currency is moving downwards. Always buy into weakness with our signals. The price never went to your...

Ignored

If you set 50 pips as a stop loss, yes this would have ended up being closed in a loss. There is no doubt about it.

What I am merely stating is the fact that although traders who used 50 pips stop loss would have ended up in a loss, the ones that gave a space of 150 pips would have ended up in a profit, provided they used a trailing stop method. Read here.

All signals are sent through a demo account. No stop losses are used on our end, ever.

We have the leverage of running systems without stop losses because we trade in a demo account. This has been "clearly" mentioned in the Original Post.

Our system has made over 3,000 trades this year. The maximum recorded drawn down was 750 pips for one particular trade before the price reversed. This was back in April 2015.

1. The 50 pips stop loss is bare minimum hence the word "at least."

2. Stop losses are subjective and are dependent upon your deposit, your risk tolerance and most important of all your experience.

3. A wide enough stop say up to 100 pips to 200 pips with a trailing stop should have yielded a positive trade in this case.

We absolutely dislike giving stop loss values for the trades because we know that the 90% of the retail trading base has little understanding of its correct management.

Future trading signals posted in this thread will not include stop loss, because the blame is inadvertently shifted on to the signal provider one way or the other if the trade goes south.

On a slightly unrelated note, one of our "premium subscribers" (premium users are given signals with better timing), is still in profit from 1.06XX levels, running a 2 lot ($20 per pip) trade. This person however has a deposit of $XXX,XXX USD with FXCM.

Read this document: http://watanfx.com/how-to-use-watanfx-forex-signals/

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#184
Dec 17, 2015 1:28pm Dec 17, 2015 1:28pm

WatanFX
| Commercial User | Joined May 2015 | 260 Posts

Free Forex Signal EURUSD For 18 December 2015

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#185
Dec 18, 2015 1:07am Dec 18, 2015 1:07am

WatanFX
| Commercial User | Joined May 2015 | 260 Posts

The latest EURUSD forex signal posted above was taken out of our premium signals, just to show FF members the power of our timing for our paid subscribers.

Congrats to the traders who took the trade and profited.

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