Forex Signal Mentor

It tends to vary, I put them normally about 10 pips on the other side of the MAs. It's something I am looking at all the time and testing on demo accounts.

The trades I closed yesterday for 200 pips on the H4 had around 80 pip SLs I think.

The indicator has now earned me around $1,400 since starting using it in earnest in May

Would love to know how it's working for you eadfrith a month on since your last post.

Thanks

Still working great. Up 260 pips in July so far but did not trade all of last week.

Out for the week and now up 570 pips for July using the UGC. Just need 430 next week

Eadfrith,

How many pips did you end up making with UGC for July? Do you trade almost all signals that you are given? On what timeframes?

Thanks!

Hourly is probably 50 or 60 pips SL with TP 50 to 150 on average.

The 4 hour is perhaps around 100 pips for the SL and 200+ for the TP. It does vary, I tend to use the previous pivot low for the SL and adjust my lot size to only risk 5% of balance.

Only managed 600 pips last month - I will update my blog with the details when I get a sec.

This month has brought a few good trades so far, UGC is really all I use now.

Good job, and thanks for your response. Were there not a lot of signals this month, or you just didn't have time to trade all the time?

Hi all,
Can I ask if anyone is still using this indicator?
Are you still having reasonable results ?
Cheers.
Mike