Recent content by wilmer55

I am not sure. I was waiting for it to get quite a bit above the entry level and catch it on the way down. The closing play on Friday looked hopeful but we are already looking at it being 30 pips up on close. There looks to have been a push on the double zero resistance and this seems to be...

This relates to the Indicator that is giving this trade. For instance the 11 is for a Technical Break Through of the Horizontal Resistance and 34 is a Double Tops and Bottom. The latsest trade is 19 which is a technical rebound from Fib resistance. You can find them under file and analysis...

Totally of thread, but who could have predicted a 500+ pip drop in one day on cable, a 500+ drop on eurjpy and just under 400 pips on eurusd. - 1400+ pips. Well those of you who are using it will know that Sniper got a lot of it, not all, but a lot.

Concept have just posted their up to date results on the web but haven't put the last 2 trades in from 4th September. I think they have messed up the dates as they started the trade 9 days before the trade ended.

I have to say I am swinging from one position to another at present. I have just looked at some of the historical results and I think what is interesting here is the fact that this is not necessarily Concepts worst performance on a win loss ratio but if you look at the average pip win and loss...

Andy I've got to agree with you. I maybe 697 pips down but just look at the results 2 trades could turn that position to a small profit. $ positive trades (based on previous results) could put me very easily 697 pips up. I've paid my money, I've taken my losses so now I hope it is time to...

Sandy, looks interesting however their results on their Shark automated system only run up to 21st July and the manual up to 13th July. If you reference that with Concepts results up to then everything was smelling of roses. I would like to see how their system dealt with August and the first...

Sandy, in one piece you either sent me or was posted here you alluded to an average profit of between 1.5% and 2.65% per trade from historical concept data. Running that over my current positon if we were to average 1.5% profit per trade I will not get back to break even for another 46 trades...

Hi Sandy What exit strategy are you using at present. I use a combination of target set at 3:1 reward risk but also a stop loss strategy that I think I shared with you before.

I hope you are all following Gary's advice and not trading cable today!!

For information, I entered Concept with my first trade on the 24th July with the losing trade of EURGBP since that point Concept is down (including the 2 disasters yesterday) 697 pips. They have had 14 trades since that trade with 11 losers and 3 wins. The last 4 losers have stopped out within...

May I suggest that if you miss the ehntry point on a trade that it isn't necessarily lost. If you bring up a graph (not the metatrader graphs) for that pair and compare it on 1 min, 2 min, 5 min, 15 min and 30 min and look at the trend. You should be able to notice some continuation patterns...

With the loss so far I am currently at 7.2% of my bank so I need to make the call. I have the new trade pending at current level. If it wins I'll hold my current position if it goes as a loss I'll be readjusting my bank level and stake. QUOTE=bigphil22;493490]Good point, I considered that when...

Up to then but if they publish there results to date they will be showing that from that date they are down 537 pips. I am now in the position of having to decide if I draw down on my rr ratio or keep it the same in order to ensure that the wins - whihc I hope are imminent - build my bank back up.

Sean and Phill I am not sure when the update was but I have followed the data and changes religiously and as a result am down on bank since starting on 24th July by just over 30%. My trades read exactly the same as the results page on Concept upto what they have posted. But I wouldn't have...