Weekly Summary

Quick update of the results and thoughts for the week.

Weekly Summary: 02/11/18

Please note: Our office will be closed from 5 November through to Monday, 19 November. I will be in Africa in areas where being able to connect to the Internet will not be possible. However, if an opportunity does arise you will be notified by email.

Firstly welcome to the new Club members this week. We still have some places open, but membership is limited.

Now that our website has migrated you should be experiencing a much better experience.

We have also introduced an email alert system that is sent out after signals have been posted to avoid the annoyance of having to login several times in the first hour to see if there are any opportunities. Be aware that we are trialing the system and may not work 100% of the time so please still check the website.

This week we also released an update to our new TMS MagicFibo/ADR Target indicator which automatically calculates and places our trade levels on our charts. It also comes with a Data Panel with all our relevant price levels in the ability to change settings directly on the chart. This makes things much easier at our end in that we do not now need to calculate these levels before posting the signals on the website.

In the future, we are also hoping that we will be able to build an Expert Adviser that will automatically give us the signals that we potentially trade. We have actually started working on this with our programmer.

 This week again were plagued with several break-even trades were our targets were just missed and a couple of winners that helped increase our equitable. No losses!

What I am doing to overcome the problem with the trades not reaching our targets and missing by two or three pips is adding alerts when I am near the target and then moving my stop which has already moved to break-even to the HBE/LBE level with the ADR strategy and would suggest moving to the BE level if using the MagicFibo strategy.

What I am doing IMPORTANT: Although this has been stressed to all Club members we use Break Even levels in both our MagicFibo and ADR strategies. With MagicFibo we use the 47.2% level and ADR 50% of the target. Although it can result in some trades returning a “zero” return, the piece of mind that you can no longer lose in a trade we believe is worth it. We have developed our own Trade Manager which is available as an addon. Alternately there are several Trade managers available freely at Forex Factory.

From May we have also started a challenge tracking one standard lot invested for a minimum return of $48000 for a year non-compounding. That is an average of $4000 per month.

So far we averaging around $5000 a month.

Balance To date $28637–  Balance This Month $377

Positions for the week and month can be reviewed on the result page here. Trades trades where

THE COST OF A CUP OF COFFEE

If this is of interest to you for the less than a cup of coffee a day contact us using the contact form for further details or go directly to the access page.

News

TMS Club membership is now open with a first-month introductory offer. For information and access proceed here.

The office close 23rd December and reopen Monday the 3rd of January 2019.

DISCLAIMER: Trading futures, options on futures and off-exchange Foreign Exchange market (FX, Forex) is very speculative in nature, involves considerable risk and is not suitable for all investors. Before participating in trading, you should carefully consider your investment objectives, level of experience and risk appetite. Investors should only use risk capital when trading because there is always the risk of substantial loss. Most importantly, do not invest money you cannot afford to lose. Any mention of past performance is not indicative of future results. Account access, trade executions and system response may be adversely affected by market conditions, quote delays, system performance and other factors. Past results as represented in testimonials are not necessarily indicative of future results or success. Testimonials may not be representative of all reasonably comparable students. Trading involves significant risk of loss and may not be suitable for all investors. RISK WARNING: Trading futures and foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your monetary objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent advisor if you have any doubts. Past returns are not indicative of future results. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. Privacy Policy