Hi Simba
Thank you very much for those kind words and I hope that I can live up to your expectations, for you sure set a high standard yourself.
Here is the basis of the manner in which I trade, remembering of course that I attempt to look for a minimum of 21 pips in every trade I place for this signal service, but I also place 3 lots and scale out of the trade while protecting my profits.
(Explained in a little more detail here;
FatCats Forex Signals)
In this way I have the benefit of catching a good trend if the signal leads to one.
I also use stops for this strategy because of the nature of the swing strategy and the fact that it
can be wrong, which can be very costly if traded without stops.
Why can it be wrong?
Simply put all reversals start on the smaller time frames, so even if the longer TF suggests a good trade for the shorter TF, the shorter TF
could be indicating a reversal and not a trough or peak!
This being the case it is important to trade with an SL.
My SL's vary between 89 and 233 pips depending on the pair being traded.
As for time of day of trading and the preferred TF?
Mostly I trade the London open, through about Lunch time or 1PM New York trading hours.
I prefer the H4 time frame and do trade H1 when looking for troughs and Peaks in longer time frame trends.
Length of Trades?
This is a difficult one purely because of the nature of the way I trade these signals.
Realistically however, you should be able to close the first portion or everything with 24 hours.
If a trend runs in our favour, some trades could stay open for a month, that is if you have the "guts" to ride the peaks and troughs on the smaller TF while ensuring that the longer TF stays in place?
I hope I covered everything and thanks for asking, much appreciated and I am sure this information will be good to know for anyone thinking of subscribing.
Thanks again
Wayne