Loser for Vantage today – just 16 pips and cant argue with the rationale behind the trade either – price had bounced off resistance level where stop loss was placed & everything did look as if it could only go to the downside but unfortunately trade went against us.
Said it before but I do think this will be a good service long term – it helps that the thinking behind trades is explained in a lot of detail – although granted it doesnt make the losing trades any easier to take.
Details here Vantage FX
Total - 100 pips
Been a disappointing trial with Vantage FX – however Jimmy has kindly agreed to extend the trial for me with a view to me continuing to record the results on the blog with i will do. On a positive note the losing results have recorded quickly on the site and Jimmy has acknowledged it has been a poor couple of weeks for Vantage. Lets hope it turns round in the next couple of weeks.
Details here Vantage FX
Total - 145 pips
First trade signal today from Vantage and it was a 57 pip loser. Came v.close to the b/e level but unfortunately turned against us & reversed. They give a full analysis of every trade – todays is here.
Make a nice change if a service started badly & then came good for us as it always seems to be the other way round.
Please take a look at this service – http://vantage-fx.com . Came across a recommendation for them on a separate thread on the Forex Peace Army site. They have their own thread on there http://www.forexpeacearmy.com/public/review/vantage-fx.com
Been in touch with them and received a prompt, helpful reply and the refreshing thing about these guys is there is no affiliate nonsense, which probably explains why reviews of their service are few and far between. Not to be confused with the FX broker by the same name.
Their signals are based on price action and involve no ‘lagging indicators’. If you trawl through any of the FX Forums like Forex Factory or Trade2Win you will come across ‘price action’ being mentioned as the tool professional traders use to call their trades.
Another nice thing about the service is that the signals are given as pending orders by email, instant messenger or sms text so there is no problem with getting in at the same level as them. The trades are updated in depth on the site each day and there are an average of 1-2 trade calls a day.
There is a trial for £19.99 for a week but they do advise that if there is no trading for any of those days they will add extra days onto the trial. Then £80 per month – not the cheapest service around but its all relative – low cost poor service or more expensive profitable service? Confident this will be the latter but time will tell. Averaging around 600-700 pips a month so i read somewhere although i havent calculated an up to date figure from the site.