Published: April 28, 2019 1:50 pm est
by Tom Kadale,
Contributor Market Analyst
NewsmovesMarketsForex
While FX markets are digesting last week’s headlines, I thought I’d explain how our subscribers should read our Daily Dashboard Report (DDR). It’s enlightening, for sure…
Below is an image of the DDR for signals generated on April 29, 2019 and delivered to our distribution list. Follow the Blue Arrow to the Cable trade (GBPUSD).
Since the purpose of this report is solely to show outcomes (profit or loss), we calculate the P/L using a 1 lot trade for each signal. Hence, had you entered 1 lot for this trade at the LIMIT price of 1.29299, you would have locked in a Profit of USD $173.
However, if you follow the systematic instructions in our online FX course where we show you how to enter risk managed combo MARKET and LIMIT trades, the actual profit can be substantially higher.
Why don’t we show the higher numbers? First of all, RagingFX is not a hype company. We deliberately tone down our rhetoric to let our results speak for us. Our focus is entirely on using AI and ML to predict outcomes based on real-time market sentiment assessments.
The other reason we show the lower outcomes is to establish a base performance for our subscribers. If your results are less than shown on this report, then contact us.
Trade FX Differently at RagingFX.com
From the RagingFX Trading Desk… Tom Kadale, Forex Algorithm engineer RagingFx.com and Guest Contributor Market Analyst for NewsmovesmarketsForex