No signals at 9. Overnight there were 5 signals, 3 of which have hit 1st target (AUDUSD, USDCAD and EURUSD). The other two are about 25 pips down. We cannot therefore chase these now. All 5 together would have a reasonable risk profile as we would have banked 90 pips as a cushion. Therefore we may be left with a couple of losing trades, you never know.
The number of signals to expect with this system is about 40 a month, or 10 a week. In our first two weeks we had 9 trades last week and 6 this. These have produced a return of 11% so I suggest you relax, enjoy your Friday morning and cuddle your bag of pips.
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GROUP EMAIL AND SMS
If you wish to join me at Team Rainbow and join my online conference room just visit www.rainbowtraders.co.uk and follow the instructions. Any problems just email me at SJGrinter@aol.com and I'll sort it.
Newcomers essential reading
RESULTS - FEBRUARY 2008
839 PIPS PROFIT (£6,073)
RESULTS - JANUARY 2008
870 PIPS PROFIT (£7,300)
Total return of based on a £20,000 capital account and risk of 1.5% per trade.
Total return of based on a £20,000 capital account and risk of 1.5% per trade.
About Me
- S3
- My name is Simon Grinter. I have been searching for the holy grail - a consistent second income from trading the forex markets. After many years of development, I now solely operate two morning systems, which achieve in excess of a 10% return per month. I teach my methods at seminars held periodically in London. They are fully guaranteed.
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