Another trading week is almost behind us and it is time to summarize how it all went. This week was not as productive (even though good profits were still made) when compared to other periods but hey, as long as we put money in the pocket or at least we close at break even (no loss, no profit) there is always another day, another week, another month ahead of us!
Another important fact to mention here is that you should always focus on the longer term – don’t judge your performance in trading based on daily results. The cliche says it very well “Trading is a marathon, not a sprint”. If you are going after the huge profits, for very short periods of time you will most likely fail. Don’t trust me? Go ahead and try (just please use a demo account 🙂 ).
I’m not re-inventing the wheel here guys, i’m just sharing my experience from all the years in this industry and trust me small, consistent returns in the longer run is the way to go. Protecting your capital is always priority #1 and only then comes the profit making.
Enough with the introductions – if you want to get your free copy of any of the strategies showed below click here.
To check previous week performances follow the links below:
Forex Libra Code ended up pretty much at break even with tiny negative of -0.1%. This is what i meant above, as long as you maintain very low losses compared to your profits, your balance is going to grow. Again we are coming to the idea of diversification – while one strategy is performing better than the other, during a given period of time, your main goal is to keep the winner bigger than the losers.
If there aren’t good setups DON’T trade. Follow the rules. Who says you have to trade every single day or even every week. This week FLC is the perfect example. My patience rewarded me with break even (yes it is a reward given the fact that it might have ended with -5% loss for example) and I still make money on the other two strategies that i’m trading.
Note – Forex Libra Code is currently sold out.
EURGBP Buy Trade
AUDJPY Buy Trade
Here are the best performers of sRs:
GBPAUD Buy Trade
If you like the sRs Trend Rider 2 and want to achieve the same result or even better – you can download it for free. Click on the button below to get your copy.
EURJPY Buy Trade
Two GBPNZD trades that you will see below. As our main direction is up, I allowed myself to have an add-on trade at a slightly better price. As you can see it paid off really really well!
GBPNZD Buy Trade 1
GBPNZD Buy Trade 2
If you like the Forex Triple B and want to achieve the same result or even better – you can download it for free. Click on the button below to get your copy.
Another close to perfection trade was on gold – I just had to share this one with you guys – there is a lot we can all learn and remember here. Price stuck inside a range after a very strong push down (look at the big bearish bars on the left side of the chart). Then the green marked levels that triple B draws for you, make it extremely easy to spot that there is very strong level at this place (resistance zone as price is below it). You will also notice that the red rectangles are going lower and lower, forming kind of a down trend line. Once we got a signal near this place, price immediately reacted, delivering 1.3% return on its own – classical!
NOTE – if you want to learn how to analyze the markets (like the analysis above for example, that will boost your profits tremendously, check out “The Art Of Cycles” webinar).
Gold Sell Trade
Have a wonderful weekend friends!