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Archive for 29/01/2010

905 Pips in 12 weeks for Black Dog Forex

Its been around 12 weeks since I started trading Black Dog with a definite set of rules & its gained 905 pips in that times which works out at 75 pips a week & thats just been using 2 pairs. If, like today, i’d been looking to take trades on other pairs when the aud/usd & eur/usd were quite i’m sure it would have been substantially more.

This morning was obviously going to be quiet on the aud/usd & eur/usd with the chart indicators miles away for signalling any trades so i looked at the 4 other pairs i monitor. The eur/jpy & usd/jpy looked to be close to set ups & they actually triggered 2 trades each but i focused just on the eur/jpy.

The first trade meandered a bit so i brought the stop loss eventually to +6 above the entry point & got stopped out. Second trade was a bit more straightforward though it was close to major news. Total of 26 pips for the 2 trades.

Few people have asked me if the increase in price of the Black Dog system to $297 means it represents less value for money. All I can say is that I’ve traded it conservatively for the past 3 months & made 905 pips which @ £5 per pip equates to £4,525 so obviously the system works - add to that the customer services, community spirit on the forum plus the ‘Trading Room’ & theres no doubt it represents outstanding value. You could even just take the trades flagged up in the Trading Room without learning the system.

Having said that we have agreed a discount of $50 off the price if you use the link below - you basically pay the full price & i send you $50 rebate by Paypal.

You can get more details here Black Dog Trading System

Black Dog Forex Review

Winning Dow Signals Update

Quick update on the week with WDS.  No 9pm Dow trades this week.  2 ’set & forget’ trades which triggered - both 36 pips losers. 1 intra day alert which we have just been advised to close - 10 pip profit.

A new type of ’signal’ was sent this week - ‘Market Commentary’. This is basically a suggestion of resistance levels that, once passed, signal a buy or sell signal depending on wether the price has breached the high or low level. Started off well with both signals turning out to be 20 pips winners.

9pm Signal   +50 pips

Set & Forget Forex Trades  -72 pips

Intra Day Alerts +10 pips

Sunday Gap Trades 0 pips

Market Commentary +40 pips

Lay the Best - End of Trial

I’ve heard enough negative things about this service now for me to make a decision not to continue reviewing the service or using it personally.

Couple of people have contacted me regarding their problems in getting refunds for losing months, etc etc & other blogs have reports similar issues. My own research has thrown up a couple of interesting links as well;


http://www.bizoppjungle.com/Reviews/Paul_Simmons_-_Racing_Tipster.aspx

 


http://www.bettingsystemtruths.com/813/lay-the-best-weekly-review/

I only want to be reccommending services that i use myself and i’m confident in & i dont think either of those boxes can be ticked here. Only my opinion but just thought i’d explain why the results wont appear from now on.

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