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. USD/CHF
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Dominic JamesTechnical based trader sharing my thoughts Archives
December 2020
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