Live Price Action Trades Of The Week | Feb 22nd
While many traders were sitting on the sidelines making 1-2 trades max last week, we were quite active, engaging and attacking the market. This week I’ll be showing several setups, from the intra-day charts, up through the daily and 4hr time frames. The top trade this week is a +8300 pip winner, and still holding the position. Some impressive trading all around.
Here the student used our intra-day 3P Setup, finding an excellent false break + reversal setup. The trade never went into the negative, and with an ~10 pip stop, grabbed +4R in less than 2 hours as the trade skyrocketed to their target. Excellent work here.
Using our pattern to detect a likely intra-day price action setup and bottom, here the student aptly bought the pair while it was being accumulated. Shortly after their entry, the pair launched towards their target as the bulls took control, grabbing +48 pips and 2.6R in 4 hours.
Some truly fantastic work buying into a down-move before the range bottom held, this student had a well placed stop and recognized ahead of time when the range would hold. They held onto the trade for 3/4 of a day, and through several corrective pullbacks, to grab a +4.2R winner. A great entry, a well placed SL, showing patience and discipline.
Finding a better entry than my highly profitable gold trade, this student spotted a setup just under 1230, and was up +8382 pips before the precious metal climbed higher into the weekly close. Showing patience, great timing, and never having the trade go into the negative, they are well up over +10R at this point, so congrats to them for some damn fine trading.
Ask yourself, did you found this entry on gold? Have you ever held a trade for this long and this much profit, showing patience and discipline? How many trades in a week do you capture for +4R in profits?
Are you waiting around for days, maybe weeks or a month to capture a 4R trade while our students do this day in-day out? Ask yourself what grabbing a few trades like this would do to turn around your account and trading.
Then realize the only things separating you from such trades is proper training and practice.
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