Sunday, July 5, 2009

Zulutrade Live Trading Update 7/4/2009


Forex trading has closed for the week and I am back with my review for the signal providers I am using with the wonderful new platform of auto-trading, zulutrade.com

I carried over the 2 signal providers from last week, Hidalgo FX Capital and wintrade, but I also added 1 new one this week, LowessDD.

DISCLAIMER:
Below you will see some losing trades, however, I have discovered that these trades were only losers because the signals were received very late through Zulutrade due to a server glitch or lag. Checking the history of these signal providers indicated that these signals did produce winning trades. It is just one of those things to be aware of that the signals do not always make it through the servers as quickly as they should.


Signal Provider 1. Hidalgo FX Capital
Allowing 5 simultaneous trades with only 1 of each currency pair allowed.
14 closed trades
13 winners
1 loser (see disclaimer above)
Overall profit of 177 pips equaling $177.40 at .1 mini lot.



Signal Provider 2. wintrade
Allowing 2 simultaneous trades
5 trades
4 winners
1 loser (see disclaimer above)
Total profit of 68 pips equaling $136.00 at .2 mini lots





Signal Provider 3. LowestDD
Allowing only 1 trade at a time.
18 trades
16 winners
2 losers (see disclaimer above)
Total profit of 261 pips equaling $529.19 at .2 mini lots




Unfortunately part of any trading strategy is considering the Floating Loss, so here are the trades that are currently open over this weekend, pretty disappointing to say the least.


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