The situation is somehow better even if I have nothing new to report. We still have the same 6 open trades. Just because the dollar looks healthier the running total shows only a loss of 283 dollars. Much better than the 900 since my last update. They did not close or open any trades.
I got an email with open trades in their account and I had a eur.usd trade still running so I was told to close it manually. The balance of closed trades is 11.491 and therefore a profit of 14,9% and the running total of open trades shows a positive 400 dollars (another 4%). Compared to the other signal service I monitor, I observe that they have a pro dollar bias and they sticked to it without adding positions. At a certain moment they were also showing a large draw down on their open trades.
This is my mid week update. The closed trades are now at 11500 (correcting my previous post the gain is at 11,5% and not 14,9%) and the open trades have a positive running balance of 680 dollars.
2 open trades gbp/usd short and aud/usd short.
I did not do an end of week report so I will make this one a little bit earlier. Things look pretty good for this service. We now have in the bank a 11.812 euros, an 11,8% of profit for almost two months. Open trades show a profit of another 234 dollars (2,3%). We have new trades a sell on usd/cad since the the 24th of May, a sell on gbp/usd since the 29th and today we have to buys on aud/usd and nzd/usd. So we have a bias change. The trader is bearish for the dollar (3 out of 4 trades) and bearish on gbp expecting probably that gbp will do worst than the dollar. We also had a long eur/usd that was opened and closed today for a small loss. This is somehow unusual for this service. The trader usually keeps his trades open for weeks.
This is Friday's report. Next week will be 3 months since we started using this service.
A couple of losing trades and the balance of closed trades was reduced to 11.635. Open trades show a balance of 315 dollars slightly better than the last report.
We now have 5 open trades. 3 longs on aud/usd eur/usd and nzd/usd and 2 shorts on usd/cad and gbp/usd so the bias is against the dollar except for the pound.
I usually do my update on Wednesday and Friday but I noticed some changes. So two trades closed for profit. The long eur/usd and the long nzd/usd. Now the balance of closed trades is 11.718 (an 11,72%) and the remaining open trades (short gbp/usd, short usd/cad, long aud/usd show a running profit of 240 dollars