October comes to a close this week and I will be posting a monthly review of the mechanical strategy on Thursday.
This month has been the best performing month of 2019, we had a strike rate of 76% and caught some massive moves.
Because we all take the exact same trades as members within the Discord group is great to share these moments.
My Free Outlooks have been a joy to put out, it also gives me a platform for people to view my trading style, which might not resonate with some but if a few find them beneficial then I will continue to do them.
AudUsd was an instrument I covered in the Outlooks and the set up it self was rather simple.
Htf level - Break in Structure - Walk away from screens
This works for me as I like to keep trading as simple as possible! Take away all emotions by walking away from the screens.
Preserving mental capital is important In this game.
Weekly Gain = 6.9%
Monthly Gain = 85.4%
5 trades - 4 Wins & 1 loss.
As a group we were expecting a quiet week in all honesty, but sticking to the rules we took the trades presented to us and have added to our monthly gain.
The main point this strategy teaches is to expect losses and control your emotions!
Stick to the rules and over time you will turn a profit.
Another important point to take from this is to spend as little time as possible in front of the charts, increased screen time leads to increased emotions. Making you more likely to deviate from the strategy and lose out on profitability.
I have also started doing free trading outlooks everyday, so if you are interested in getting them sent to your inbox, please register your email address.
See below for trade example taken from free outlook.
Ok so Gbp pairs have blessed us this week! The biggest trading week we have had this year, and I know what your thinking... it cant be done etc etc
The fact is I trade this strat along side people that have paid a lot of money for it, so If it didn't work they would be very upset.
The Price of the program will be increased after Christmas because it will filter out the serious traders from the rest.
So 63.2% gain this week thanks to the Gbp pairs!
Please only contact me if you are serious about trading.