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Click above for larger image Last week, I did a double stack on the Monday Trade, targeting both the Daily Pivot and the Weekly Pivot. Both of them reached their profit targets. This week, my double stack wasn’t so fortunate. As you can see from the chart to the left, a couple of my orders got [...] Click above to enlarge Here we go with this week’s Monday Trade. This week was extra fun because I decided to do a double Monday Trade. Instead of just targeting 20 pips away from the Weekly Pivot, I also targeted 20 away from the Daily Pivot. As you can see from the picture to the left, [...] Click above to enlarge Like I mentioned in my last Monday Trade post, I was going to try this trade again if the opportunity presented itself. Well, what do you know? The opportunity came around again…and I took it. Being that this was the first time I was taking a Monday Trade later in the week, [...] Click above to enlarge Here we go again ladies and gents. The Monday Trade in the GBPCHF was live again this week. For a complete explanation of this trade, click here. Unlike last week, this week ended well. There was a slight scare when all of my limit orders were taken in and price then proceeded [...] Click above for larger image There was no Monday Trade last week, but this week presented a great opportunity. The GBPCHF started well below the Weekly pivot this Monday (the start of Monday is the first vertical dashed line on the left). I stacked my entry orders in anticipation of the move and let it rip. [...] click above for larger image The Monday Trade strikes again. This time, very swiftly…just the way I like it. I put in my stop entry orders when the markets first opened and by midnight (my time) the trade had opened and closed for the full profit. If you don’t know what the Monday Trade is, click [...] I had a couple questions on how the Monday trade, aka The Monday Accelerator, works so I thought I would do a post on the setup so you can test it out for yourself. Of course, this is not trading advice and should be taken as purely informational and for testing purposes only. It is something [...] I closed all my open sell stop entries last night. None of them hit…not even close. It was getting to the end of the week and the market was too far gone. I’m looking forward to the next Monday! Hello, I haven’t done a video in awhile, so I figured I would get back into it. I think it makes things easier for both of us. Here is the status of my trade so far. It is still early in the week, but I’m not too sure if the trade will be [...] "Someone has a case of the Mondays" (click above for larger image) Hello Traders, Here is another Monday trade that closed tonight. Just like last week’s trade, it was a little stressful. GBPCHF first took me into 4 of my limit orders then moved sharply away. It then proceeded to creep back up and felt like [...] Monday is the best day of the week! (click above for larger image) This one made me a little nervous. GBPCHF was rocketing up, a short term trend that started a couple days ago. Then when Monday rolled around (vertical white dashed line) it looked like it might come down and hit the new weekly pivot [...] Hello traders, Here is a trade that closed today. With the retarded changes in the NFA rules, I was playing musical brokers, trying to find a broker that would offer any sort of decent leverage for these pivot strategies. I was thankfully able to secure a live micro account at FXCM UK and I am [...] |
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Forex trading is a high risk endeavor and may not be suitable for everyone, |
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