The Gold Method Ichimoku Weekly Review
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 Break out trade on GBPNZD which was good for 26 pips.
Wednesday, we took a news/MA trade in GBPJPY that we closed flat.
Thursday, we had a Type 1 Breakout trade in GBPCHF which quickly jumped up 10 pips, but then unfortunately failed.
Friday, While we got teased with a couple of potential trades before UK retail sales, we got a News/MA trade in GBPJPY after that went for 45 Pips. ( I closed my position flat as did some others). However several traders who needed the trade to get above their BFV stayed in and accomplished the goal. Well Done!!!
Sincerely,
Allen Gold
Since I have had several more traders inquire about the book and I hate to turn people away, if you are interested in the book, please send me an email at FXGOLD54@gmail.com
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 Break out trade on GBPNZD which was good for 26 pips.
Wednesday, we took a news/MA trade in GBPJPY that we closed flat.
Thursday, we had a Type 1 Breakout trade in GBPCHF which quickly jumped up 10 pips, but then unfortunately failed.
Friday, While we got teased with a couple of potential trades before UK retail sales, we got a News/MA trade in GBPJPY after that went for 45 Pips. ( I closed my position flat as did some others). However several traders who needed the trade to get above their BFV stayed in and accomplished the goal. Well Done!!!
Sincerely,
Allen Gold
Since I have had several more traders inquire about the book and I hate to turn people away, if you are interested in the book, please send me an email at FXGOLD54@gmail.com