In today’s live trading session, we went over the 4 winning trades that we entered during yesterday’s live stream. Yesterday’s session was no longer than 20 minutes long, yet we were able to find 4 profitable trade setups. One of the biggest benefits of price action trading is the amount of time required in front of the charts, due to it’s simplicity.
During yesterday’s session, we identified trade setups for EURUSD, GBPUSD, XAUUSD and USDJPY. We were able to enter EURUSD and Gold during the live stream since the entry was there. Both trades had ZERO draw down, and they are on the way to their final take profit targets. These two trades alone, brought in +165 pips. We then got our entry for USDJPY and GBPUSD which brought in another +90 pips.
Our AUDCHF trade from last week hit our stop loss last night shortly after the RBA Rate decision yesterday. The trade looked great and it was on it’s way to hitting our first take profit before the rate decision. We took a loss of -41 pips, but our other four winning trades have made this loss bearable.
We have started this week off on the right foot thanks to our trade analysis
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Check Out Yesterday’s Live Session Recap: Novemeber 4th, 2019
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