Dear HAMSTER INFINITY subscribers, our trading week ends here, because there is an important speech of FED's Powell right into our trading session tonight and we will not take any unecessary risks. Normal trading will resume next week.
Is it your recommendation that we pause on these two ongoing buys and take the loss? This is not how you have managed in the past so I'm confused. I believe a decision needs to be made or we could all be sitting on them for an unknown period. Do you intend to submit new orders while these are still out there?
Dear HAMSTER INFINITY subscibers, unfortunately the first -24% SL has been hit. I am really very sorry and devastated from the outcome of these last few days. I did nothing different lately from what I was doing these past months, producing the results that you could all see. Last October for example we had a 196% growth in HAMSTER TURBO with EURUSD in a clear downtrend, having 27 buys and 3 sells, so the argument that this system must open buys on uptrend and sells in downtrend wasn't the case for this past period. The Hamster strategy opens more buys than sells, because its taking advantage of the London opening effect in EURUSD that usually drive the pair higher. Also I want to point out that the 2 margin stop outs we had in HAMSTER TURBO happened by only 2-3 points and then the price instantly retraced higher, indicating that our SL (margin stop out) level was a target that had to be hit. I really believe now that my HAMSTER signals and the Hamster EA and strategy in general is under attack, because it was a smooth and easy way for the small retail trader to make some profit. I will continue with this strategy as long as I can because I think that this bad period will pass and better times will be ahead. I apologize again to all of you for this situation, but I really feel that all this was something out of my control.
Dear HAMSTER INFINITY subscibers, as of today I am using a slightly smaller lot size in order to increase our SL tolerance from 60 to 80 pips. That in addition to the break even mode in London opening from 9 o'clock (GMT+2 time) will help us deal with this unstable market. Further adjustments will be made if needed as the time goes by. I have adjusted our profit expectations accordingly in the signal's description.
Dear HAMSTER INFINITY subscibers, FED's Powell is speaking twice on Monday and Tuesday, right in our trading session. That in addition to the UK Parliament's vote on Brexit deal on Tuesday, make the market very dangerous. We will refrain from trading for these 2 days and I will make a new announcement for Wednesday.
Dear HAMSTER INFINITY subscibers, UK Parliament has rejected PM May's Brexit deal, so everything is very unpredictable right now. I don't think its wise to risk trading in such a market, when a tiny rumor can send EURUSD rocket high or tumble down in minutes. These are very dangerous times and we shouldn't take unnecessary risks. We will wait for the market to calm down and I will make a new announcement for tomorrow night.
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