review CHFJPY-1H-short 2

How Last Week’s Trades Resulted In A 10R Profit

Hi traders 👊 Trade review time! 🔥

 

Because I enjoyed sharing my trading review for the first week of the year, I decided I would just do the same this week! 😊 I believe it can help people get some insight into how I trade, how my trade management style is and how a solid trading process and execution can lead to consistently good results.

 

This post is an excerpt from the weekly Trade Advisor members outlook. I always do a review of the setups I discussed the week before since it’s useful to show my trading style and – more importantly – it’s a good way to keep myself accountable of what I do. Of course, our members got all of these setups a week earlier so they could trade and benefit from the same setups and trades as I did.

 

Please note that I only review the trades that triggered. All of the setups that didn’t cross the trigger levels I indicate in my outlook, are left out. Additionally, I don’t just review the winning trades. If the trade triggered but then ended up in a loss, I will also list them here.

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review USDNOK-D-short

Reviewing The First Trading Week of 2018

In this short post, I’d like to review the trades I took last week. I’ll show when I entered, how I managed them and how all of these trades have contributed to my trading performance for last week. Keep on reading to see if I could make a profit 😉

 

Note: This is an excerpt from the weekly forex outlook I’m publishing for our trade advisor members. Every weekly outlook contains a review of the past week since I like to keep myself accountable. Additionally, it’s helpful for members to exactly see which kinds of trades I took and it shows that the way I trade actually works.

 

Finally, I don’t just review the winning trades. If the trade triggered but then ended up in a loss, I will also list them here.

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XAGUSD 4H long

Setups To Look At In The Upcoming Week

Hello everyone, hope you are having a nice weekend! In this post, I want to highlight some of the trades I took last week, as well as a selection of the setups that are part of the trade advisor members watchlist for the upcoming week.

 

Due to a non-stop stream of news events, last week was a week that favoured the longer-term daily setups in favour of the shorter-term setups. At the same time, we’re nearing the end of the year and a lot of traders will start to position themselves with risk reduction in mind, not so much looking to open a lot of new positions.

 

Nevertheless, there are definitely still trading opportunities and in fact, my full trade advisor watchlist includes 15 setups so plenty to choose from in the upcoming week. But let’s first review the past week!

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USDTRY

Get To Know Your Charts

I often get questions from traders to check a chart they took a screenshot from. The first thing I do is look up the same currency pair in my own charting platform. Why do you think this is?

 

As a discretionary trader, I value my chart layout as much as the chart patterns I look for. For many traders, chart-based discretionary trading means finding things like support and resistance, candlestick patterns and trend lines. You discover patterns in how the price behaves. This is the basis of price action theory.

 

chart 1

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