ProFx 7 | M5 | (by Forex21)
| Gain: | +76.79% |
| Drawdown: | 16.53% |
| Pips: | 47589.6 |
| Trades: | 934 |
| Won: |
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| Lost: |
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| Type: | Demo |
| Leverage: | 1:500 |
| Trading: | Unknown |
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Exact copy of the ProFx short term trades. I will post example setups what are valuable for other traders.
Here is what we traded yesterday.....
We finished the day with +200 pips (plus change).
Here is what we traded yesterday.....
We finished the day with +200 pips (plus change).
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Here is a good example when not to trade.
Pro tip: If you use bots based on momentum you may wish to turn them off whenever you detect a no man's land zone on the chart.
Pro tip: If you use bots based on momentum you may wish to turn them off whenever you detect a no man's land zone on the chart.
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Price is still all over the place and there is not rally any edge for the moment.
Today looks a lot better. Here is how the EURUSD M30 chart looks with ProFx.
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Shake and bake fun day. I know that such conditions can be difficult to trade and hope everybody did well.
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Today was a difficult trading day. The price action can be described as 'mad cow'. On such days it is essential to have a system or strategy in place what keeps you on the right side of the market.
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7.4% on a day where the price is all over the place is impressive. 😄
GBPUSD M5 chart from today and thought process.
Price made new highs early morning but failed to go above 1.2905. I waited for confirmation for the long signal and went long when the bid stepped above 1.2905 and the momentum picked up.
I closed all trades in front of resistance because the momentum got lost from one moment to another. I guess it is fair to mention that I got a bit lucky with the exits. Price dropped only moments after I closed the positions.
Price made new highs early morning but failed to go above 1.2905. I waited for confirmation for the long signal and went long when the bid stepped above 1.2905 and the momentum picked up.
I closed all trades in front of resistance because the momentum got lost from one moment to another. I guess it is fair to mention that I got a bit lucky with the exits. Price dropped only moments after I closed the positions.
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+50% since we started to share trades on telegram.
#tradingiseasy 😄
#tradingiseasy 😄
