Welcome to another live trading session. In today’s trading session, we went over the trades we took yesterday which resulted in us making up to +250 pips. We then took a look at setups to take for the rest of the week.
In yesterday’s session, we took a look at three setups. All three setups since then have been activated and are in a great amount of profit. In particular, our AUDUSD swing short is up +140 pips and counting. Our other two trades were shorts for NZDUSD and EURUSD which are up +40 and +70 pips respectively.
In today’s session, we took a look at EURCHF and CADCHF. These setups were discussed during Monday’s free live session, but they’re currently pending entry. We are still waiting for our bearish confirmation on the 4hr timeframe. We then spoke about possible reentries into our NZDUSD and AUDUSD swing trades.
We are off to a fantastic start to the trading week, considering that we have three more days left to trade. We are fairly close to meeting our weekly goal of +300 pips per week. Many traders are struggling at this time, but not us. Not because we are doing something unheard of or overcomplicated, we are just following our simple and effective trading strategy. With stops at entry, we are now sitting risk-free on a handful of trades with the expectations of more profits to come. As always, be safe and trade responsibly.
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Read yesterday’s article: Lackluster Sales Data, But The US Dollar is Still King
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