Dear Traders,
Elite CurrenSea (ECS) has completed its free 2 week trial to ecs.LIVE, which is its premium service offering live trading setups, analysis, and webinars.
The last 2 weeks offered some interesting and even dramatic moments. As you will see later on in this article, trading the markets is hardly ever a dull exercise and June has certainly confirmed.
With the trial behind us, our ECS website is now offering a special package (same price but more value) for the summer with up to 515 euro as freebies and extras!
The offer is valid till Friday 21 June at 23:59 EST (New York time zone), which is the official start of the summer so you are ready for summer-time trading (for the Northern Hemisphere). Read more about the free trial and the special offer in this article, which explains 8 crucial questions.
We know that summer time trading can be rough and tough, which is why gaining extra support from Nenad Kerkez and Chris Svorcik could be the right step for you…
The ecs.LIVE service usually costs 295 euro for 3 months access and 499 euro for 6 months access. The summer offer, however, adds 218 euro and 515 euro of extra value for the same price. Here is what you get:
Join us before 21 June 23:59 (11:59pm) to get the 6+2M benefits!
Join us before 21 June 23:59 (11:59pm) to get the 3+1M benefits!
Who qualifies for the benefits?
Everyone who joins before June 21, 2019 at 11:59pm EST. This special package is valid for all:
How can I order the package and how do I get access to the benefits?
The process is done via these 3 simple steps:
The offer is valid if you join before Friday June 21 at 11:59pm EST.
You will get the extra benefits automatically. Nothing else is needed. Just complete the payment for the usual package and you will get the benefits (just join before Friday June 21 11:59pm).
Two weeks is way too short of a time frame to accurately assess anyone’s trading, which is one of the main reasons why we have never offered a free trial since we started ecs.LIVE more than 1.5 years ago in October 2017.
In reality you probably need 3-6 months to make any proper judgement but we offered the 2 week free trial anyhow, because we wanted to show traders the flow of the ecs.LIVE service and the energy which the entire ECS team invests in it.
The ecs.LIVE service is not only about trading setups, although we do indeed offer our trade setups in the Telegram channel. It is about teaching traders to fish themselves by showing how we trade with our own systems (CAMMACD and SWAT).
That is why ecs.LIVE includes a long list of valuable information:
Join us before 21 June 23:59 (11:59pm) to get the 6+2M benefits!3. What were the biggest events during the trial?
The top 4 events were the following:
Our two week trial actually started off on a bad foot note. The cammacd.MTF upgrade from version 3.3 to 4.0 had undetected bugs and errors, which lead to an unusual series of 8 losses in 10 trades. This was very unusual for MTF, which is why and when Nenad discovered the bugs.
Together with programmer and ecs.LIVE member Carlos, they managed to solve the issues quickly and resolutely. The new 4.1 version was bug free and has performed much better ever since with 12 wins and 9 losses in 7 trading days (as of Thursday 13 June 9am GMT) for a total of +2.16%.
Nenad said that the start was very unfortunate: “after working 240+ hours on testing improvements, your head starts to spin and we just simply missed the errors. Luckily we managed to do damage control very quickly after a few days. I just hope that the trial members can look beyond those few setups that were based on errors and see the value that ecs.LIVE offers.”
ecs.SWAT
The ecs.SWAT system is being upgraded and the ECS team is working hard on multiple fronts. The new upgrades will soon include a new ecs.SWAT book, course, strategies, indicators, and tools. All of this will be launched in the second half of 2019. In the meantime though, new 4 hour setups will be again sent to the ecs.LIVE channel.
Chris managed to catch USD/JPY, GBP/USD, and EUR/AUD setups. Two trades (UJ and EA) were still open at the end of the week whereas the GBP/USD closed for a nice win of +66 pips with reward to risk ratio of 1.35 : 1. The breakout was part of a bear flag chart pattern, followed by a head and shoulders pattern. The SWAT uses a clear method for adding a second position when possible and the GBP/USD was a candidate for a 2nd trade setup but price failed to break below the Wizz level and therefore did not qualify. The first one nicely hit the target before the weekend (see image below).
Unfortunately we missed the first two EUR/NZD breakout setups (+160 & +120 pips) which both closed for wins. The first breakout was risky and I skipped it because I knew that ecs.CAMMACD method was bearish on the currency pair. The 2nd setup I missed because it happened in my evening and I was not able to monitor the charts. Other setups that were missed were EUR/JPY short for +32 pips (during the nite), AUD/USD short for +16 pips (too low r:r ratio), and a GBP/JPY short which is open and up 70 pips. We skipped this one as its possibly over extended but more testing still needs to be completed on the GBP pairs as price can move much further than other pairs.
Chris is excited to be back in ecs.LIVE besides sending his wave analysis: “ecs.SWAT is going through exciting changes and updates. I just can’t wait to finish the entire project. I think that traders will be more than impressed. Of course, current SWAT subscribers will get all of these benefits in the next few months. The current 4 hour setups are expected to have a win rate of 60% and loss rate of 40% with 1.5 reward to risk ratio average.”
How do members deal with conflicting analysis in ecs.LIVE?
The ecs.LIVE channel is currently a combination of two different traders with two unique styles. Nenad Kerkez, aka Tarantula FX, is trading with his ecs.CAMMACD method, which is focused on bands, the ecs.Camarilla Pivot Point indicator, the ecs.MACD, ecs.ATR and more. Chris Svorcik is trading ecs.SWAT method, which is based on moving averages, fractals, Fibonacci, and patterns.
The ecs.CAMMACD and ecs.SWAT systems are often aligned but not always because they are independent styles and hence it is possible that they can offer opposite information. Therefore, we made an internal rule to avoid opposite trade setups.
We also do our best to avoid conflicting ideas but this is not always possible as we trade with independent systems and analysis which is not mixed. Hence, it can sometimes occur that we send analysis that is not fully aligned. In that case, it is up to the trader to make a final call. If you are not sure, then as a standard solution it is best to skip that particular currency pair or instrument.
The question arose after a member was confused by the bullish analysis done by Chris but the bearish short setup taken by Nenad. Sometimes this can happen indeed but do keep in mind that this breakout trade was only triggered after the short setup from Nenad turned for a loss.
The trial results
The first week unfortunately close for a small loss of -2.29% with 7 wins and 10 losses, which is mainly explained due to the errors in the cammacd.MTF 4.0 version. Luckily that was soon solved, which allowed the ecs.CAMMACD results to recover from a temporary drawdown of -5.03% by gaining 2.74% and closing -2.29% in the red.
Although the first week ended up in red territory (-2.29%) after version 4.0 created a drawdown (-5.03%), Nenad was able to stop the drawdown and make some profit with version 4.1 later in the week (+2.74%).
The second week unfortunately only ended up for a small win of +0.09%. Nenad’s CAMMACD had a nice counter-trend win on Friday on the AUD/CAD whereas the first SWAT trade made a nice gain of 66 pips and 1.35 r:r. Unfortunately only one setup qualified as the GBB/USD failed to confirm a second entry. A break even week can sometimes happen but in the long-term you will see that ecs.LIVE is clearly in positive territory (see next question number 4).
Join us before 21 June 23:59 (11:59pm) to get the 6+2M benefits!
We ask traders not to judge ecs.LIVE only on the results during the 2 week trial but also to keep in mind the long-term track record and the value of our translating theory in practice education style and philosophy.
We keep track of our own stats (updated till June 7) because myfxbook offers some challenges in the long run. Account withdrawals and deposits can change the outlook of the stats and also trading different instruments (like Gold) can too. Do not worry about the accuracy of our stats because the results are rigorously checked by our 100+ group of traders that do not let any potential error slip by without letting us know!
Of course, it’s important to keep in mind that the results can vary from week to week and month to month:
Ever since the beginning of ecs.LIVE, most weekly and monthly results have been showing clear positive results. Of course, there are some exceptions and the 2019 trading year has been particularly tough to trade due to the extreme low price volatility.
We want to stress the importance of understanding the long-term results and benefits. Unfortunately traders tend to expect miracles and 50 wins in a row. We can tell your right now that we cannot deliver such results. If you are looking for a place where you can make 100% wins, then ECS is not for you (keep in mind that the goal is very questionable too, it’s better to aim for a balanced win rate with good reward to risk). We only focus on serious trading without over-trading and by doing that, we have about a 66% average win record and 34% losses with a reward to risk ratio of 1.22:1.
We also have a live track record with MyFXbook.
Join us before 21 June 23:59 (11:59pm) to get the 6+2M benefits!
Simply said, the ecs.LIVE service is your daily support in tackling the markets. Our main focus is offering practical help, not theoretical ideas, about how traders can tackle the markets. We show our own live trading setups, including our exact levels for entry, stop loss and take profit.
The ecs.LIVE service is a Telegram channel, which has started in October 2017 and has been very successful and popular with Forex traders.
The goals of ecs.LIVE are based on three pillars:
Join us before 21 June 23:59 (11:59pm) to get the 6+2M benefits!
A 2 week entry pass to our “home of traders” with multiple updates per day and at least 6 days per week. The ecs.LIVE service consists of 3 parts:
Although the Forex market does indeed tend to slow down, it usually only becomes less volatile in August and specifically in the middle of August. However, this also depends from year to year and sometimes markets can make decent price movements even in August.
There are a couple of reasons why joining ecs.LIVE during the summer makes good sense:
Join us before 21 June 23:59 (11:59pm) to get the 6+2M benefits!
We cannot guarantee winning trades because nobody can. We do however offer real life, brutal truth, and full exposure to our live trading setups, analysis, and webinars.
Our goal is to show traders how we translate theory into practice – during both good and bad times. Here is what you can expect:
The results that you can expect are unknown. First of all, the results achieved in the past do not give any guarantee about the future results. Second of all, it depends on which trade setups you manage to trade, which ones you miss, which traders you trade yourself etc. Thirdly, risk management is critical and key for any trader. Anyone who does not control their risk will never be able to make profits in the long run. Fourthly, it depends on your experience and how comfortable you feel when trading from a trading psychology point of view.
The best approach for traders is to use ecs.LIVE as a source of education, learning, trade inspiration, and a practical connection from theory to practice. Also, you can discover the various ecs.CAMMACD systems and the ecs.SWAT method so that you can perhaps discover which style suits you most. The number one experience that we want to provide is that you learn from our ideas, decisions, and analysis so you grow as a trader.
If you do not believe our word, then feel free to check out the 48 reviews on Forex Peace Army where we have an excellent 4.98 average star rating out of a possible 5.
Here below is an image with one of our followers who explains the value of ecs.LIVE in his own words.
The idea length that traders join ecs.LIVE depends on your experience level:
Of course, whether you stay a member is up to you. Even 1 month of learning and live trading experience is better than nothing, which is why we have flexible membership plans when you decide to join ecs.LIVE after the 2 week free trial:
The ecs.LIVE service usually costs 295 euro for 3 months access and 499 euro for 6 months access. The summer offer, however, adds 218 euro and 515 euro of extra value for the same price. Here is what you get:
Join us before 21 June 23:59 (11:59pm) to get the 6+2M benefits!
Join us before 21 June 23:59 (11:59pm) to get the 3+1M benefits!
This special package is valid for everyone, including traders:
We hope that you will find your new trading home with us!
Join us before 21 June 23:59 (11:59pm) to get the benefits!
Cheers and safe trading,
Chris, Nenad, and the entire ECS team
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