Bull's Eye Trading Signals Real Account Stopped test

by BullsEyeForexSignals.com
Site closed
-7.29% WEEKLY · 26.9 weeks
Average Pips per Week:
-263 (Gross Pips: -7,774)
Average P/L per Week:
-6.89% (Gross P/L: -87.90%)
Maximum Equity used:
44.43% (Apr 12, 2012, 9:10:00 PM)
Test started:
Jan 5, 2012
Test Stopped:
Jul 12, 2012 (Tested 26.9 weeks)
Crashed & Burned, Multiple Statements Available

02.27.12 Bull's Eye Trading Signals Real test restarted with help of Investor Access... See previous test in menu above...
11.04.11 Bull's Eye Trading Signals Real test started with help of Investor Access...

Descriptions: Bull’s-Eye Trading Signals (“BETS”) delivers its trade signals via an automated trade copier EA that is downloaded on each clients MT4 broker account platform. BETS delivers signals in up to 18 currency pairs and spot Gold (XAUUSD). BETS’ primary trading strategy is to take advantage of intermediate and major market movements and trends – not on intra-day strategies designed to capture micro movements and profits. BETS utilizes technical analysis of the FOREX markets as the primary determinant of its trading strategy. The primary technical component analyzed by BETS is price behavior, pattern recognition and trend analysis. Secondary analytical components may include; moving averages, gaps in prices, stochastic process, divergence, and overbought and oversold indicators. Importantly, BETS believes its proprietary Price Pattern Recognition and filter methodology is highly predictive of impending magnitude, timeliness and future price direction in any given market, and also, provides a clear delineation of critical risk-reward thresholds. One key feature of the BETS trading methodology is that it encompasses a wide spectrum of strategies including trend following, short-term counter trend, intermediate-term breakout, and price-pattern recognition approaches. All instruments traded have an equal probability of BETS trading them from the long or the short side. BETS trading principles and implementation are predicated on a “triangulation” approach, which includes the following considerations: 1. analysis of historical price patterns and other technical indicators to determine market direction and/or price momentum. 2. pre-determined and objective entry and exit signals that are preceded by specific price behavior and that conform to calculated risk/reward criteria, and 3. money/risk management approach that appropriately calibrates and balances portfolio risk with market opportunity. BETS trading plan is to generally enter markets at levels of low volatility and exit as volatility builds. The BETS program seeks overall portfolio diversification by employing the use of multiple trading strategies, but also by markets and timeframe. BETS intends these layers of diversification to expand the range of opportunities, reduce overall program risk, and provide a high degree of non-correlation between the returns of BETS and global stock and bond markets. Intrinsic to the BETS approach is that it is more important to determine where a market is going (up or down) rather than the why behind it. We are indifferent to the direction of markets, rather our focus is on the precision of our entry points to maximize returns and control risk. Since the trading methodology incorporated in its Signal Provider Program is proprietary and confidential, the above discussion is of a general nature and BETS does not intend it to be exhaustive.