FX Leaders Signals Report 2012-2020 - FX Leaders

FX Leaders Signals Report 2012-2020

Last Updated On: April 27, 2020

After lots of cash was injected into the global economy from central banks and governments around the globe, during the three year period following the 2009 economic crisis, which followed the 2008 financial crisis, the risk assets were on a bullish trend. Stock markets were climbing nicely, as were commodity currencies. The USD was declining despite the improvement in the US economy, which was the first to rebound from the global crisis. The default stop loss and take profit of our short term forex signals back then was 30 pips to 15 pips, so we had a reasonable number of signals in 2012, 1116 signals exactly, making 4,234 pips. 

In 2012, the Greek crisis came, after massive protests which followed a deep recession in the economy and many lives were lost in the country. Greece headed to the ballot boxes to question the Eurozone membership, but the Greek people decided to stay in the EU later. Markets were quite volatile during those two years, as Grexit was hanging over our heads. As a result, our profit declined to 414 pips in 2012 and to 2321 in 2014.

But in 2015,o performance improved again as the Greek question disappeared from markets and the bullish trend in risk assets continued. We made 4,066 pips out of 1,109 signals. In 2016 we also made a decent amount of pips at 4,746, but the number of signals was lower, at 733, since the Brexit referendum and the US elections which produced Donald Trump as a winner sent shockwaves through the markets. 

In 2017 we made some technical changes to our forex signals, bringing the default take profit and stop loss for long term signals to 30 pips and 40 pips respectively, so the number of signals declined to 499, but profits increased drastically to 9,286 pips.

2018 was another great year for us, as we booked 9,900 pips out of 1,064 signals. That year our colleague Arslan joined our signals team, so he had a positive impact to our performance, as well as the number of signals. 2019 was a bit tough, with the trade war going on and the global economy falling close to contraction, so we made 2,089 pips last year.  This year has been horrible for the global economy, but we are up nonetheless by nearly 1,000 pips so far.  


FX Leader Signals P/L by month

YearNumber of Forex SignalsP/L
201211164234
20131411414
201411392321
201511094066
20167334746
20174999286
201810649900
20198122089
2020188730

Grand Total

8,071

37,786

Forex Signals

The main focus for us is the forex market, therefore the majority of our trading signals are in forex pairs. The forex majors take particular attention, since they are the most liquid assets out there, hence the bigger number of signals on those forex pairs. EUR/USD is the most liquid pair, so the largest number of signals was concentrated there, as we opened 2,024 signals, making also the largest profit at 6,982 pips. The other forex majors came second, with 626 signals in AUD/USD making us 2,166 pips, 1,348 signals and 1,545 pips in GBP/USD, 2,198 pips in NZD/USD and 2,115 in USD/CAD. The total came up to 21,218 pips in forex during this period.

Forex Pair

Number of Forex Signals

P/L

AUD/JPY130
AUD/USD6262,166
CAD/JPY262
EUR/AUD15387
EUR/CHF281365
EUR/GBP304779
EUR/JPY220900
EUR/USD2,0246,982
GBP/AUD16203
GBP/CAD1-41
GBP/CHF1-40
GBP/JPY2101,118
GBP/USD1,3481,545
NZD/JPY230
NZD/USD5342,198
USD/CAD4452,115
USD/CHF2801,078
USD/JPY9611,341

Grand Total

7,271

21,218

Index Signals P/L

Stock Markets have been easier to trade since the trend has been bullish from the beginning time, despite some choke ups. The biggest pullbacks have occurred in 2011, in 2016 after the Brexit vote, last year as the trade war took its toll on the global economy and the sentiment as a whole, and of course this year’s pullback has been the biggest of them all, obviously due  to coronavirus. We have ended up down on just one index, the DOW Jones, although we only had one signal there. Dax was the most profitable, making us 2,786 pips, followed by Nikkei with 1,524 pips.

Index

Number of Forex Signals

P/L

DOW1-29
DAX812,786
Nikkei225451,524
S&P50037375
FTSE1112

Grand Total

165

4,768

Commodity Signals P/L

Commodities market was the the second most profitable market for us. We concentrate in the main commodities like Gold and Crude Oil, which also are the two most liquid commodities out there. In Gold we have had 435 signals so far, booking 3,087 pips, while in US Crude Oil we have opened 163 signals, which brought us 7,343 pips. The total profit was 10,430 in commodities.

CommoditiesNumber of Forex SignalsP/L
Gold4353,087
US Oil1637,343
Total59810,430

Cryptocurrency Signals

We haven’t been too active in the crypto market, mainly due to massive spreads and the volatility. But 2019 wasn’t a great year for us in the crypto market. We did get a couple of winning signals at the beginning of the year in Bitcoin and Ethereum, but got caught on the wrong side of the tide when the big bullish reversal took place. I thought that  the big levels such as $5,000, $6,000 and $10,000 would be providing some form of resistance on the way up, but they were broken pretty easily, so we endured some losses in Bitcoin, closing the year with a big loss in this market, which affected our total profit from all markets. Although despite that, we ended the year with some decent profits nonetheless.

CryptocurrencyNumber of Forex SignalsP/L
Ethereum2781
Litecoin4-2,645
Total6-1,864

Long-Term/Short-Term Breakdown

Number of Forex SignalsP/L
Long Term4893,350
Short Term7,58434,436
Total8,07137,786

Win/Loss Breakdown

Number of Forex SignalsP/L
Win5,297143,556
Loss2,627-105,770
Total8,07137,786

Buy/Sell Breakdown

Number of Forex SignalsP/L
Buy3,160
  16,771
Sell4,911
21,015
Total8,07137,786

 

 

About the author

Skerdian Meta // Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.