Manually scanning all the markets all day every day looking for a trading opportunity is simply too much work for anyone to do – I know, I’ve tried it ! – so look upon our Alerts Service as your personal automated markets scanner, operating 24 hours a day, 5 days a week, every week, and reporting back to you with its finding, in real-time.
Derived from our Proprietary Trend Based, Swing Trading Algorithm, our Alerts Service is designed to give you an insight as to what currency pairs are moving in the markets right now.
I’m a professional trader, so it makes sense that I spend a lot of my time with my charts. This enables me to share with you my observations of the underlying market conditions, market momentum, risk sentiment, upcoming risk events, technical chart events (support/resistance levels, trend lines etc) & more – live from my desk to yours, as it happens, via our private telegram bot.
This second image is taken from our Members Only Live Trades webpage
You will have noticed that these two screen grabs are of the same currency pair and share the same opening and target prices (OP and TP). The really eagle Eyed amongst you will have noticed that the Stop Loss prices (SL) are different. This is because we publish our trailing stops hourly as they move with price; reducing risk and locking in profit.
Conversely, trend-based strategies do not like choppy, directionless or range bound markets. When these conditions exist all algos tend to generate more alerts, suggesting, opening and closing a higher number of positions as they try to make sense of the markets.
Unfortunately, we do not control the markets, so we (and our algos) simply respond to the conditions that exist at that moment. That is the true nature of this industry.
Again, please do not ask me this question as there are simply too many variables in play (Your account size ? Your risk per trade ratios ? Do you only take positions during the EU session ? etc etc) for us to even take a guess as to your end of month outcome.