Price is below the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. BO Entry = 1.7201 Stop = 1.7226 Risk = 25 pips Profit target = 1.7120 (the daily projected low) Reward = 81 Pips RRR = 3.2 - 1 I would appreciate if you leave a comment or like as a thank you Allen
Here is picture perfect MMA Trade which had a minimal draw down and easily hit it's 90 Pip Profit Target. Unfortunately, Because these trades involve a moving average and other pair considerations, It is hard to post these before the entry Allen
Price is below the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. BO Entry = 127.87 Stop = 128.22 (plus spread) Risk = 35 pips (plus spread) Profit target = 125.49 (the daily projected low) Reward = 244 Pips RRR = 6.97 I would appreciate if you leave a comment or like as...
Here is today's GBPCHF trade which took a little to get going but then easily reached it's PT (+101 pips). good Solid trade, all 4 horseman aligned :) Allen
Today we had a correlated down move in the GBP pairs as The Bank of England cut their interest rate. This set up our 17 Reverse trades: GBPAUD was the next to last to trigger and had a 17 pip draw down and was good for + 53 pips while GBPNZD was the last to trigger (our preferred choice) and had a draw down of only 9 pips and was great for +128 Pips Allen
The above is the documented Type 1 Trade on GBPNZD pursuant to the Gold Method Ichimoku: We had all 4 Horseman aligned and it was a good solid trade to end the week. Allen Since I was sick last week and have not caught up with documenting those trades, I have not filled in the spreadsheet as it is POA to enter data out of order, and done a weekly review. I...
Price is above the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. BO Entry = 2.0303 Stop = 2.0278 Risk = 25 pips Profit target = 2.0378 (the daily projected high) Reward = 75 Pips RRR = 3 - 1 I would appreciate if you leave a comment or like as a thank you. Have a Great...
We had a good push down on the NZD Interest Rate decision and this pair has now gone into a consolidation between 1.6941 (High) and 1.6857 (Low). Moreover, it is now below the Daily, 60 and 15 min KS, as well as the 15 cloud. Entry = 1.6920 Stop = 1.6940 Risk = 20 pips Profit target = 1.6820 Reward = 100 Pips RRR = 5-1 Once this trade is up + 20 pips, move...
Price is below the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. BO Entry = 1.9228 Stop = 1.9253 Risk = 25 pips Profit target = 1.9131 (the daily projected low) Reward = + 97 Pips RRR = 3.88 - 1 I would appreciate if you leave a comment or like as a thank you. Have a...
This is Friday's documented trade in GBPNZD. Great Type 1 Breakout with all 4 horseman aligned. Nice easy set-up, execution and Great result.
Price is below the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position. PB Entry = 1.9261 Stop =1.9286 Risk = 25 pips Profit target = 1.9063 ( The daily projected...
We had a good push down on the AUD Interest Rate decision and this pair has now gone into a consolidation between 1.64752 (High) and 1.64418 (Low). Moreover, it is now below the 60 and 15 min KS, as well as the 15 cloud. Entry = 1.6474 Stop = 1.6494 Risk = 20 pips Profit target = 1.6374 Reward = 100 Pips RRR = 5-1 Once this trade is up + 20 pips, move your...
Price is above the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. BO Entry = 1.7313 Stop = 1.7293 Risk = 25 pips Profit target = 1.7391 (Daily Senkou A) Reward = 78 Pips RRR = 3 - 1 I would appreciate if you leave a comment or like as a thank you. Have a Great Weekend!!! Allen
This is a Textbook Type 1 trade. All 4 horseman aligned. A good solid breakout. minimal draw down and runs to Profit target. Allen
Here is the Weekly review for the week of January 20th through the 24th: Another strange week as the GBP pairs remained in a consolidation. We only took one trade, which was a failed breakout on GBPAUD on Monday for a loss of -27.6 pips. Recognizing and adapting to the current market conditions we became more selective with our trades. By doing so we avoided...
This week tested our patience and discipline in the Trade room for The Gold Method Ichimoku. Here is a day by day breakdown: Monday, we passed on both a breakout trade and a MA trade, both of which made money. However, despite the potential result the decision to stay out based on the market conditions at the time was correct. Tuesday, we had a very nice Type 1...
Price is above the 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. BO Entry = 1.7077 Stop = 1.7052 Risk = 25 pips Profit target = 1.7177 Reward = 75 Pips RRR = 3 - 1 I would appreciate if you leave a comment or like as a thank you Have a Great Weekend!!! Allen
We have a nice up move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR. Entry = 1.7074 Stop = 1.7054 Risk = 20 pips Profit target = 1.7134 Reward = + 60 Pips RRR = 3-1 **Once this trade is up + 25 pips, move your stop to breakeven and let it run I would appreciate if you leave a comment or like...