It has been a while since I created a blog post like this, so wanted to quickly share some before/after charts of the long gold trade we posted in the Telegram group on Friday before the breakout, to give you an idea how to manage risk in a typical trade. Obviously every trade is different, […]
Trading is all about risk management Read More »
Here are the before and after charts of the trade signals for March 2020 in the Discretionary trade signals group on Telegram. USD/CAD Long Issued: 2nd March Closed USD/CAD long essentially at break-even (a few pips profit) after the Fed’s unexpected rate cut. In hindsight, this trade would have worked beautifully if we kept it
Discretionary trades before/after March 2020 Read More »
Here are the before and after charts of the handful of trade signals I started providing from around mid-February 2020 in the Discretionary trade signals group on Telegram. NZD/USD short Hit target for +80 pips USD/JPY long Manual close for a few pips of gains as price stalled near entry area for far too long
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I was asked why I closed the EUR/GBP trade just ahead of target and so I thought let me post a quick article with the reasons, so you could understand my thinking. Below is the hourly chart of the EUR/GBP I posted a few days ago on Telegram as a trade signal in the discretionary
EUR/GBP short trade rationale Read More »
