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 here for a full explanation.
My target this week just so happened to be the daily pivot (yellow line) because it was exactly 20 pips away from the weekly pivot (blue line). There wasn’t as much room to operate in this trade, unlike in previous weeks, so I didn’t make as much on the trade.
I stacked 21 lots as follows:
- 4 lots @ 6810
- 4 @ 6805
- 4 @ 6800
- 2 @ 6795
- 2 @ 6790
- 2 @ 6785
- 2 @ 6780
- 1 @ 6775
Total profit was 380 pips and a +5% increase in the account. Now what do I do for the rest of the week?
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