* Prices and profits are not checked by Rentasignal.
RDB & RTL
ID: 21943
Expert ID: racscave
Price: 98.00 USD/Month
Signal Class: moderate
Signal trade: USDJPY, USDCHF, USDCAD, NZDUSD, NZDJPY, GBPUSD, GBPJPY, GBPCHF, EURUSD, EURJPY, EURGBP, EURCHF, EURCAD, EURAUD, CHFJPY, CADJPY, AUDUSD, AUDNZD, AUDJPY
Signal method: Breakout, Counter Trend, Fundamentals/News Trading, Price Action, S/R and Trendlines,
Signal use STOPS: Yes
  Signal use HIDDEN stops: Yes
  Signal use TRAILING stops: Yes
signal use PROFIT TARGETS: Yes
  Single TP: Yes
  Multiple TP: No
Signal TRADING FREQUENCY: < 5 orders per Day

Important info first:
Before subscribing, please watch this system for several weeks. 'Paper trade it first'. It might/might not be suitable for you. I use large stops and occasionally I may open several positions at times. I'm by no means a conservative trader. I've been trading for 15years, but only started seeing the light in the last 3 or so. Will it continue? I sure look forward to it, but one can never be sure. If you decide to follow it, please use absolute minimum position sizing allowed and slowly increase it in time. This is not get rich quick scheme. It is slooow and hopefully steady process. Treat it as a business.

The System:
System is based on price action and technical analysis, which takes into consideration some basic fundamental analysis. At times, If I notice a trade opportunity based on news or geopolitical incidents, I may place an aggressive buy/sell orders.

System will trade majors, usd/cad and yen crosses most of the time. There will be hard stop of min 50 and max. 380 pips.
Majority of my trades are manual, meaning that I have to accept signals generated.

There is no guarantee, but I have set two goals for RDB&RTL system:

1.At the end of the year I'd love to say I've reached my goal of gaining on average 5-10% per month.
2. I'd like to generate at least +300 pips/month.

If you have less than $1,000 in your account, we recommend that you trade micro lots only. If your account is > $10,000 use mini lots and if it is > $50,000 you can start trading standard lots. Always 'try' to use %2 max risk of your account/per trade (based on 250pips stop).
You should never allow winner turn into a loser, hence if trade moves 30-50pips in your favor, you may want to override my stops by moving stop loss to BE+1pip (break even).

Important thing about unforeseen events.
Should I encounter power outage, system crash or problems with RAS, I'll try to leave instructions about open positions in this thread:

http://www.forex-tsd.com/rentasignal-service-elite-section-discussion/23...

Many pips.

racscave

Timeframe
90 days
60 days
30 days
1 week
Statistics (last calculation on 2010-03-12 00:00:01)
Start trading since2009-12-12 02:32:15
Total # of weeks13
This week pips636
Total pips4484
Average pips per week344
This week USD6579.35
Total USD48919
Average USD per week3763
Signal Performance Factor (SPF)0.03
Advanced Statistics (last calculation on 2010-03-12 12:04:00)
Max Lot size1.00
Min Lot size0.10
Max active trades10
Min active trades1
Summary P/L48919.00
Number of winning trades187 (73220.87)
Number of losing trades26 (-24301.87)
Max summary P/L48919.00
Largest losing trade
Largest winning trade
Max consecutive wins53 (18942.92)
Max consecutive losses4 (-253.00)
Max consecutive profit18942.92 (53)
Max consecutive loss-10698.19 (3)
Balance Max drawdown11184.29
Profit factor3.01
Info
Active orders1
Pending orders1
Closed orders275
REFRESH LIST
Clones of this signal:   RDB & RTL Clone

View all orders

Trading 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 invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you
could sustain a loss of some or all of your initial investment and therefore you should not invest money 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 financial advisor if you have any doubts.

Hypothetical performance results have many inherent limitations. 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 particularly 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. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which
can adversely affect actual real trading results.
Past results are not necessarily indicative of future results.

Please be advised that the above results are robotically generated and manually executed. The results shown above are the user’s entry and exit points for the signals alerts placed
on a live trading account. The signals shown above are not indicative of future results as clients choose when to enter and exit trades and must take volatility and liquidity of the
markets into consideration as potential variables. Past Performance does not guarantee future results.