Good news! Their site is back up, and I have also received some emails. They must have had some sort of technical glitch.

Updates much appreciated - Thank you.

Originally Posted by Reviewteam

Hi,

We have no idea of whether they have closed shop, we would be surprised, perhaps others have more information.

Hi,
I believe that WDS had a DNS problem on Thursday because their website was not available. But I've received their EOD updates, coming from the Tiscali domain instead of the usual @winningdowsignals.

Everything is working fine so I believe this was just a short term technical issue!

Regards

Hi,

I would like to share my experience with the relatively new FX Longer Term trade signals.

First of all, I wrote to WDS to get the FX Longer Term trades historical results since they are not on their website. I've been told that "The figures for*our EOD Longer term trades*are combined with Forex Set & Forget figures on the results page", fact I was not aware of!
So on their result pages for 2011, the column "Forex Set & Forget & EOD" encompasses the "FX Set&Forget" trades AND the "FX Longer Term" trades results! It's not mentioned anywhere on the page!

Here are the figures for the EOD Longer term trades I've been provided by WDS:

4 weeks ended:
25/3/11 = 257
22/4/11 = 665
20/5/11 = (308)
17/6/11 = (15)
15/7/11 = 461
12/8/11 = (246)

This is a total of +814 pips.

Now BEWARE with these results : while they do look very attractive, the risk:reward ratio for this type of trading is very high (can be as high as 3:1)!
I've been testing the FX Longer Term trades for the last 2 months and the average risk:reward ratio is 2.4:1.

And the figures do not show yet the loss made on the 15/08 which is almost 1,000 pips!! 5 lost trades with a stop on average of 200 pips! (and a target of 75 pips).

So since the reward:risk ratio is quite poor and the stop is far away, losses hurt a lot!

I'm now discarding the "FX Longer Term" trading signals to only trade the very profitable Sunday gaps and the FX Set&Forget signals which seems to be profitable over the long term (and with a much lower risk:reward ratio than the FX Longer Term trades)!

I hope this post helps.
Regards

Info added: I forgot also to mention that, in addition to the high risk:reward ratio, one of the other drawback of the FX Longer Term trading method (over the FX Set&Forget trading style) is that trades are usually carried over a quite significant period of time (days, even weeks sometimes). And the carrying cost can add up significantly and dent your profit or increases your losses!

Your detailed update as always is appreciated, we thank you for continuing to provide updates on this service.

August results posted below and despite poor performance of forex longer term still finished with decent profit (+10.6%):

Dow Swing - 0
Dow 50 Point Scalp - £300 profit
Sunday Evening (Forex) Gaps - 430 points profit
Forex Set and Forget - 540 points profit
Forex Longer Term Trades - 1,400 points loss
Monday Morning Weekly - 360 points profit
Intra Day Alerts - 300 points profit

Hi Katal,
Thanks so much for your continuous update. Regarding the EOD services, I'm gave up trading the Longer Term FX. Indeed, as your results match mine, there is a 1,400 pts loss for this service this month because the Risk:Reward is usually very high! You usually risk 200ish pips for just 75 pips of reward. This is too high risk, that's why I'm only trading the Sunday gaps (they are absolutely brilliant!!!) and the FX End of Day Set&Forget (more volatile but very profitable in the medium to long term).

Your results match mine and the one posted on the WDS website, which is a good thing.
Look forward to your next update.
Happy trading.

As always both of your continued contributions are appreciated.

Sorry if I'm being thick but are katal72's results negative on each line?

Originally Posted by zorba_g

Sorry if I'm being thick but are katal72's results negative on each line?

No.
Forex Longer Term Trades - 1,400 points loss
Monday Morning Weekly - 360 points profit

Got it?