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You are currently browsing the Longshot King Review,Bonus Bagging Review weblog archives for the day 11/02/2010.

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Archive for 11/02/2010

Loser for Dow Trader

Losing trade today for Dow Trader. The positive thing was that the result was up on the site almost straightaway - obviously better to have winning trades but nice to see the author acknowledging a loser quickly.

I talked the other day about the 5 min strategy using the same Dow Trader template, well i think it may be a bit too hectic to run alongside anything else because it produced 28 signals between 7am & 4pm. the Dow was ranging quite a bit which was causing the direction change signals so its not always like that but i dont think i could run that & Black Dog.

The author also sells an Oil Trading system which i dont have but results, again, look impressive. Interestingly, though, just out of curiousity i applied the Dow Trader template & signal indicator to the March Crude Future chart and back-tested it. Using a 50 pip profit target with 25 pip stop (plus some other entry rules & trade management) it made 440 pips in december, 75 in january and 365 so far in february. That was only trading from 7am - 1pm as well.

His Oil Trading system must have some different settings because he’s got 750, 493 & 220 pips recorded for the same period.  Still its a nice little ‘free’ bonus if you dont want to buy the Oil System to be able to use something that potentially looks profitable. Over a longer time frame as well.

Dow Trader +15 pips

For more info on Dow Trader Click Here

Winner for Black Dog Forex on the eur/usd

Classic BD set up on the eur/usd on the 11.45 candle which went through the 15 ema and then reversed. everything pointing in the right direction and it was an easy 20 pips - as you can see it went onto to make about 120 pips but more than happy with the 20.

Running total +992 pips

You can get more details here Black Dog Trading System

Quick trade on the nzd/usd with Black Dog Forex

Looked a bit quiet this morning on my pair - the aud/usd had a 100+ pip move overnight and was way too far away for the 15 for any trades - so i looked elsewhere and found a set up on the nzd/usd. i bailed out when it went to +15 as it looked to have run out of steam.

Running total +972 pips

You can get more details here Black Dog Trading System

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