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...
Today we started with a GBP bullish view but after the GBP pairs pushed down, we set-up an MA trade on this pair. Although this was not the last to reach the MA, price pulled back to the confluence of the MA and the 60 KS. Those who trade the Gold Method Ichimoku and have been in the training, know exactly what I am talking about. Since this trade triggered later...
This was our Seventh week, and the last of the month, in the Training room for The Gold Method Ichimoku. I need to thank those who took part and for all their hard work and effort this week. With the various news events we were meeting at different times and looking at different market conditions Working with you guys was an absolute pleasure and I look forward...
This is a Type 2 trade we took into today's training room. which we all closed for approximately 25 pips. Good solid trade, nothing fancy, just putting money in the account,
This was a Type 1 BO trade we took into today's training room. which we all closed for approximately 34 pips. Good solid trade, nothing fancy, just rocking the Gold Method Ichimoku!
Hello Traders; I just wanted to thank everybody who expressed interest, and those who are participating, in The Gold Method Ichimoku experience. i.e. The Gold Diggers. The program is now closed. Understand my goal was/is to take a group of motivated traders who are willing to work and help them become Professional Traders. Based on the feedback and results the...
This week was our Sixth in the Training room for The Gold Method Ichimoku. And our best one!!! First, I want to thank those who participated and for all their hard work and effort this week. Working with you guys was an absolute pleasure and I look forward to continuing our relationship, so you achieve your goal of becoming Professional traders. Here are the...
The Gold Method – Ichimoku has been generating consistent profits as verified by the traders in my training, who have become known as the “The Gold Diggers”. The Methodology is contained in my E-book, The Gold Method – Ichimoku. This is the most complete publication that I have done. The first several chapters, explain in great detail, my methodology. The next 20...
This week was our fifth in the Training room for The Gold Method Ichimoku. First, I want to thank those who participated and for all their hard work and effort this week. Working with you guys was an absolute pleasure and I look forward to continuing our relationship, so you achieve your goal of becoming Professional traders. Here are the quick Stats for our 5...
This was our fourth week, and the last of the month, in the Training room for The Gold Method Ichimoku. I need to thank everybody who participated all month long, especially those this week who stayed late, logged in during the various news events and put in the extra work. You all were awesome, and I look forward to continuing our relationship, so you achieve...
This was our third week in the Training room for The Gold Method Ichimoku. I need to thank everybody who participated, stayed late and put in the extra work. You guys/girls were awesome, and I look forward to continuing our relationship, so you achieve your goal of becoming Professional traders. Here are the quick Stats for our 4 days together: 2 winning trades 2...
This was our second week in the Training room for The Gold Method Ichimoku. I need to thank those who took part and for all their hard work and effort this week. With the various news events we were meeting at different times and looking at different market conditions Working with you guys was an absolute pleasure and I look forward to continuing our...
The Gold Method – Ichimoku My New E-book, The Gold method – Ichimoku, is now available!!! This is the most complete publication that I have done. The first several chapters, explain in great detail, my methodology. The next 20 Chapters is a step by step, day by day application of the methodology for varying real-life market conditions. I will explain and you...
Ichimoku Daily Levels: The ichimoku Daily levels are like stone walls. price hits them and stops. As you can see above price came down to the Daily Kejun Sen (black line) at 1.63258 and reversed. You could have placed a buy order at that level with the following parameters: Entry: 1.6325 Sop: 1.6295 Risk = -30 pips profit target = 1.6403 (the daily Senkou...
Contingencies: Plan for the worst and have contingencies. As was I preparing for today’s trading session, I lost my internet. But I had a contingency in place. There are 3 main issues traders can face, in addition to the market. 1. You can lose Power, 2. You can lose internet, 3. Your computer crashes It is prudent to have contingency plans in place for all the...
Correlation: Correlation is a key concept and can make the difference between both winning trades and losing trades as well as good trades becoming great trades. As those who follow me know, I trade almost exclusively the GBP pairs. Ideally, we want to see all the pairs moving in the same direction. That is a great sign that not only will the trade be successful...