When to Take the Positions and What If You Are Late?

Hello

Our last night trades made 473 pips. All of them triggered the target but just the USD/CAD triggered the stop loss at breakeven before it hits the target. I was right in predicting the direction of USD/CAD but I don’t know how it went down for about 80 pips to hit the stop loss that was moved to breakeven and then it kept on going up.

Some of you have problems in getting the signals on time. Please do not wait to receive the email. Sometimes they come with delay and sometimes they don’t come. So just make sure that you check my website for the signals at 22:00 GMT (17:00 EST) and find the page that the signals of the day/night will be posted on it (like this page). You will find the signals table empty (the below table) at 22:00 GMT but you need to come back every few minutes and check the table because I start checking the market right at 22:00 GMT and the signals will be posted from 22:00 GMT to 24:00 GMT. When I finish posting the signals I will announce on the same page that we are done for tonight and no more signal will be posted.

As soon as a new signal becomes appeared in the table you should take the position. Your entry price can be a little different from mine but it is ok if it is not more than 20 pips. If you are too late, then don’t take that position. If for example the signal says “Buy” and you see the price is lower than my entry price, this is even better and you can take it but if the price is 20 pips above my entry price do not take the position OR decrease your target. For example if my target is 100 pips and you are 30 pips late, take the position but set your target to 70 pips. Accordingly you have to have a proper trailing stop loss. My trailing stop for a 100 pips target will be 80 pips but if your target is 70 pips then your trailing stop has to be about 50 pips.

This is the same for the “Sell” signals. In sell signals if your entry is higher than mine it is even better and take the position but if the price is lower than my entry then decrease your target in the way that I explained.

Please make sure that you understand this. If not, just let me know to explain more.

Tonight’s signals will be posted in the below table.

Announcement (23:01 GMT, 20th Jan): Ok! We are done for tonight. No more orders.

Further Reading: Before leaving our website, please take a look at the other articles we have published.

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