Great Trading Strategies

The conditions lined up for the 12:30pm GBP/USD trade. Here is the setup:

Entry Price: 1.5426
Exit: at the open of the 3:30pm CST
S/L: 1.5396
TP: 1.5436

Happy trading!

The 12:30pm GBP/USD long trade reached TP. Here is how the trade played out:

Entry Price: 1.5426
Exit Price: 1.5436

Trade length: 0 bars
Profit: 10 pips ($100)

Also, the 9:30am GBP/USD long trade reached TP. Here is how the trade played out:

Entry Price: 1.5444
Exit Price: 1.5464

Trade length: 11 bars
Profit: 20 pips ($200)

The conditions did not line up for the 3pm GBP/USD long trade. Next trade: the AU open EUR/USD short trade.

The conditions did not line up for the AU open EUR/USD short trade. That’s all for the day; have a great evening and I will update the board in the morning.

Cheers! :slight_smile:

Good morning all,

It looks like we’ve entered the period of expanding range I mentioned yesterday; be careful trading today as volatility will likely dominate the pairs (namely the EUR/USD).

The conditions lined up for the 7am EUR/USD short trade this morning. Here is the setup:

Entry Price: 1.2800
Exit: at the open of the 11am CST bar
S/L: 1.2860
TP: 1.2780

As of now, we are unclear as to whether the EUR/USD will pierce the high created on 1/6. If it does move past this high, beware as we will probably see a move higher. Thus, based on the current price action, I recommend taking this trade with a lesser lot size.

Good luck!

TQ for the advice! :slight_smile:

No problem positiva,

Glad I could help :slight_smile:

The 7am EUR/USD short trade reached TP. Here is how the trade played out:

Entry Price: 1.2800
Exit Price: 1.2780

Trade length: 3 bars
Profit: 20 pips ($200)

Also, the conditions lined up for the 9:30am GBP/USD long trade. Here is the setup:

Entry Price: 1.5487
Exit: at the open of the 6:30pm CST bar
S/L: 1.5447
TP: 1.5507

Once again, based on current price action I recommend taking this trade with a lesser lot size.

Good luck!

The conditions lined up for the 12:30pm GBP/USD long trade. Here is the setup:

Entry Price: 1.5480
Exit: at the open of the 3:30pm CST bar
S/L: 1.5450
TP: 1.5490

We are also still in the 9:30am GBP/USD long trade until 6:30pm CST.

Happy trading!

The conditions lined up for the 3pm GBP/USD long trade. Here is the setup:

Entry Price: 1.5481
Exit: at the open of the 7:30pm CST bar
S/L: 1.5451
TP: 1.5491

We are also still in the 9:30am GBP/USD long trade until 6:30pm CST, and the 12:30pm long trade until 3:30pm CST.

Good luck!

The conditions lined up for the AU EUR/USD short trade. Here is the setup:

Entry Price: 1.2777
Exit: at the open of the 7:30pm CST bar
S/L: 1.2817
TP: 1.2767

The 12:30pm GBP/USD long trade did not reach TP or S/L and we are still in the 9:30am and 3pm GBP/USD long trades.

Good luck!

The 3:30pm CST trade was stopped out, and the 9:30am GBP/USD long trade did not reach TP or S/L. However, the AU open trade did reach TP. Here is how the trade played out:

Entry Price: 1.2777
Exit Price: 1.2767

Trade length: 3 bars
Profit: 10 pips ($100)

That’s all for today friends. Good luck in the overnight session and I will update the board in the morning :slight_smile:

Good morning friends,

The conditions lined up for the 7am EUR/USD short trade this morning. Here is the setup:

Entry Price: 1.2718
Exit: at the open of the 11am CST bar
S/L: 1.2778
TP: 1.2698

Obviously, we are coming off of a fairly large bear-move in the last several hours, but there may be steam still left in the movement. These are favorable conditions for this trade (despite the volatility), as the bulls may retreat after reaching a very tepid point of resistance. However, I still recommend taking this trade with a lesser lot size this morning based on volatility.

Good luck!

The 7am EUR/USD short trade reached TP. Here is how the trade played out:

Entry Price: 1.2718
Exit Price: 1.2698

Trade length: 0 bars
Profit: 20 pips ($200)

The conditions did not line up for the 9:30am GBP/USD long trade. Next trade: the 12:30pm GBP/USD long trade.

Why is it that most of your trades are 10 pips profit versus 30 pips loss

Good morning Bintcrusher,

Thank you for the post :slight_smile:

I have actually answered this question quite a few times throughout the life of this thread. You can see one of the answers I posted awhile ago here:

301 Moved Permanently (second post from the bottom)

Hopefully this helps! :slight_smile:

The conditions lined up for the 12:30pm GBP/USD long trade. Here is the setup:

Entry Price: 1.5329
Exit: at the open of the 3:30pm CST bar
S/L: 1.5299
TP: 1.5339

Happy trading!

It does, this strategy = (not going to get banned for displaying the truth).

I’m glad I could help, and actually, I just noticed a bit of a typo in the post. The last sentence should read:

“[I]All of the systems have a 65% win rate or higher over the several years and very rarely reach [B]S/L[/B] historically.[/I]”

The 12:30pm GBP/USD long trade did not reach TP or S/L, and the conditions did not line up for the 3pm GBP/USD long trade. Next trade: the AU open EUR/USD short trade.

The conditions lined up for the AU open EUR/USD short trade. Here is the setup:

Entry Price: 1.2707
Exit: at the open of the 7:30pm CST bar
S/L: 1.2747
TP: 1.2697

Happy trading!