Blackwave Pacific Forex Signals
Rank #442, Real, USD, IC Markets , 1:500 , MetaTrader 4 , $69/Month
Blackwave Pacific Forex Signals
Rank #442 , Real, USD , IC Markets, 1:500 ,MetaTrader 4, $69/Month



Blackwave Strategy - Basics


The strategy is a manual grid strategy. While it has traded exotic and EM pairs profitably in the past it only trades major and minor forex pairs now to reduce
the cost of SWAPS and the inherent political/geographic/economic uncertainty around many exotic/EM pairs. When markets are overbought or close to overbought trades are opened
counter-trend. When profit targets are hit trades are closed. If the market continues to move against the initial position then a second trade is opened based on candlestick
price action and how the market is trading/pending news etc. Up to 12 positions maybe opened.

When markets are oversold or close to oversold trades are opened counter-trend. When profit targets are hit trades are closed. If the market continues to move against the
initial position then a second trade is opened based on candlestick price action and how the market is trading/pending news etc. Up to 12 positions may be opened.

Risk control is achieved through position sizing. Position sizing MUST be the most important feature of the strategy because there is no hard stop loss and no hedging.
People will often happily accept extraordinary profits and only query the strategy when they experience a stressful drawdown in their own account even while the master account
remains quite safe. This is because they have failed to understand how crucial position sizing is for the strategy.

While there is no hard stop loss there is a soft one which is market dependent and as follows;

Blackwave California - Target 15%
Blackwave Pacific - Target 35%
Blackwave Alpine - Target 50%

Blackwave California $3000 = 0.01 lots
Blackwave Pacific $1700 = 0.01 lots
Blackwave Alpine $1000 = 0.01 lots

now is one of the oldest strategies on most copy trading platforms. It is the inspiration for three MAM accounts
managing $3m of other peoples money. I never place trades in client accounts that I do not wish to place in my own accounts too and as at June 2019 my own commitment to this
strategy across all three risk levels is $190k.

These are the basics. To give any more information would be to reduce my flexibility and take away the major advantage of a manual strategy and make it effectively automated.
As a former stockbroker I like to watch all markets at once and get a sense of what's going on rather than put blind faith in back-testing which in the end only tests the past.

Gain Chart
40 Seconds ago
Advanced Statistics
  • Balance: $228,180.92
  • Equity: (65.12%) $148,580.9
  • Floating PL: -$79,600.02
  • Deposits: $430,382.89
  • Withdrawals: $549,218.64
  • Trades: 2,287
  • Pips: 115,007.1
  • Won: 78%
  • Avg. Trade Time: 8d
  • Lots: 1,685.9
  • Profit Factor: 3.58
  • Daily: 0.18%
  • Monthly: 5.47%
  • Trades Per Month 31
  • Expectancy: 50.3 Pips / $151.47
Monthly Select a month to analyze, click and drag to zoom in
Symbols
Activity
Open Date Close date Symbol Action Lots SL TP Open Close Pips Profit Duration Gain
02.02.2021 10:22:41 26.10.2021 13:26:02 EURGBP Buy 1.45 - - 0.88186 0.84079 -410.7 -10161.02 266d -4.26%
01.02.2021 18:14:10 14.10.2021 13:21:13 EURGBP Buy 1.45 - - 0.88386 0.84569 -381.7 -9472.17 254d -3.82%
09.10.2021 10:52:31 - - Deposit - - - 2500.00 - -
09.10.2021 01:16:39 - - Deposit - - - 8000.00 - -
06.10.2021 12:26:03 06.10.2021 13:56:29 GBPCAD Buy 1.70 - - 1.71283 1.71575 29.2 380.76 1h 30m +0.16%
05.10.2021 20:17:21 06.10.2021 13:56:27 GBPCAD Buy 1.70 - - 1.71451 1.71573 12.2 145.76 17h 39m +0.06%
05.10.2021 16:53:37 05.10.2021 19:53:22 GBPCAD Buy 1.70 - - 1.71187 1.71541 35.4 466.60 2h 59m +0.2%
05.10.2021 10:11:37 05.10.2021 19:53:18 GBPCAD Buy 1.70 - - 1.71483 1.71542 5.9 67.85 9h 41m +0.03%
04.10.2021 16:16:36 05.10.2021 09:52:44 GBPCAD Buy 1.70 - - 1.71303 1.71561 25.8 329.51 17h 36m +0.14%
04.10.2021 14:57:22 05.10.2021 09:52:39 GBPCAD Buy 1.70 - - 1.71507 1.71570 6.3 66.63 18h 55m +0.03%
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No Open Orders.
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Other signals by this trader
Rank Name Gain Pips DD Trades Type Monthly Chart Price Age Added Action
98 High Risk Blackwave Alpine 55.21% 3,233 26.5% 120 Real Loading... Loading... $69 7m 10d May 14, 2021
349 Blackwave California 281.44% 57,222.4 23.1% 1582 Real Loading... Loading... $59 5y 4m Dec 26, 2016
450 Blackwave Alpine Client 1,893.3% 54,668.7 59.4% 2834 Real Loading... Loading... $59 4y 8m Jun 27, 2019