First trade of the month and we continue where we left off last month with another winning trade using our super low risk strategy. Consistency and trades using low risk (small stops 10 – 20 pips) and good risk reward is the key.
Our GBPUSD trade closed today +94 pips for the trade . Giving us +363 for this month in our members trading room. This month has been excellent with our super low risk trades , with only 1 losing trade.
Used our stop loss to manage this trade , gave it a nice take profit and then kept moving stop up a little at a time as price was rising. Trade closed out on quite a large pullback to under 1.57 closing us out for just under 40 pips for the trade and up to […]
Took a trade this morning on this pair looking for a bit of a drop using as usual a nice tight stop on initial entry . Managed to get ourselves some pips for first half of trade and then got taken out by our moved stop loss . We used our divergence alerts as part […]
We now offer RSI divergence alerts with our membership package . These are a fantastic way to fine tune your entries and we have been using these successfully alongside our already profitable strategies. Membership is $75 per month with a $10 week’s trial. If you want to join us and learn to trade properly then […]
We had a great battle today with this pair. We took a long position from down low aiming at 1.0. we kept moving stop up as price moved up and eventually missed our TP by 0.2 of a pip ! Stop was already at 9980 so when someone in europe said something about Greece it […]
Next week is going to be an interesting time for the euro thats for sure . Today (Sunday) the Greek government is voting to accept the deal which gives them another 130 billion in exchange for 3.3 bill in austerity cuts. Having witnessed the constant decision evading on this matter over months it remains to […]
What a mad week . Greece was certainly in the headlines . Eventually news came that the deal had been done . Then we hear that Laos ( the far right party) are refusing to sign the deal . Also the Greek police are threatening to arrest Troika members on suspicion of blackmail and members […]
Went long in the members trading room today for a nice 74 pips for the entire trade . It was looking a little odd for about 2 hours hanging about down there until our live news feed came into its own with some news out of Moody’s which sparked my trigger finger . Trade had […]
Trade closed out on 2nd half on trade on rebound to our already moved stop loss. First 1/2 of trade had already been closed and we moved stop loss down to break even + a pip or so when Merkel and Sarkozy started press conference.