Hi @FollowMyForex fans!
After our last update, all our targets were hit netting us a nice profit of +43 pips. By actively managing the position we were able to identify a change in the market momentum, adjust accordingly and take full advantage of it! Gotta love it when a plan works out like this ;)
On to the next!
Hi @FollowMyForex fans,
Another week, another trade. Today we have the EURJPY that just gave us a short signal for our trend-following swing trading system. The reward is 2x as big as the risk which is our minimum acceptable ratio.
Hi again @FollowMyForex fans,
Our trend following system just gave us a signal to go short on the NZDUSD. After more than a month of no trading, we suddenly get 3 signals in 3 days, it just keeps pouring in!
We actually had to weight up the risks and choose between multiple signals. Factors we take into consideration was:
* Economic calendar
* Day of the week
Hi @FollowMyForex fans!
Our trend following system just triggered short signal on the EURGBP pair. Just as predicted in yesterday's trade analysis of the EURAUD, most trades are lining up and here we have the second swing trade in two days - not bad for all the Euro crosses!
This trade has a 3-to-1 reward ratio which is exactly the type of trade we'll take...
Hi all, @FollowMyForex here with a new trade signal that just triggered.
After patiently waiting for almost exactly a month, we have a new trade setup. That's right, our last trade was exactly 1 month ago! How many people can say that they have the patience and trust in their system to sit out a month of no trades before waiting for the perfect next setup?! We...
Hi friends, another @FollowMyForex trend trade just triggered on the GBPCHF, following solid momentum with the current uptrend.
This trade carries a 3-to-1 reward to risk ratio. We keep talking about these amazing risk/reward ratios but it really cannot be overstated. Trend trading has so much going for it, this being one of our favorites.
Hi all! Another @FollowMyForex swing trade just triggered, this time on the AUDCHF. We went short and there is a lot of room to the downside, so we'll be riding this one out to the last target if possible.
Trading with all the amazing momentum in the FX markets recently have proven to be extremely profitable. As long as Trump keeps running his mouth, as long as...
Our @FollowMyForex trend trading system just gave a new signal, this time to short the GBPAUD.
This trade carries a nice 2.4-to-1 reward to risk ratio and we'll be taking 50% off at the first target. After that we'll let the trade do it's thing and ride out the rest of the position to target 2.
All the GBP pairs have been in an incredible bearish trend over the...
After yesterday's @FollowMyForex trend following strategy to buy USDCAD on the H4 chart price never looked back and just blew through our first and then second targets.
This is why our trend-following system will always be my personal favourite. When it gives a signal I always have so much confidence in the trade. You just know that you are getting on board with...
Our @FollowMyForex trend following strategy just gave us a confident buy signal on the USDCAD H4 chart. Following the recent uptrend, we still have strong momentum possibility to the upside and a buy is the high probability trade right now. After the decent pullback we've just bought and are targeting a nice 2-to-1 reward trade. That's the thing about trades with...
Hi guys, our @FollowMyForex trend following system just gave a short signal on GBPNZD for a whopping 4.7-to-1 reward to risk ratio. We will be taking half off at the first target as marked on the chart and ride out the rest of the position to the second target.
Remember to never risk more than you can lose, even if the potential profits look very enticing. It's...
Another @FollowMyForex trade: we just took a short swing trade on the EURJPY, following the momentum from the H4, Daily and Weekly timeframes.
This trade has a 2.4-to-1 reward/risk ratio and we'll be taking 50% off at our first target, letting the rest ride out the momentum of the downtrend.
Good luck, protect your capital and let's end this one in the green!
A short signal just triggered on the GBPJPY. Our swing trading system will target a 5-to-1 reward for the risk taken with this trade! These sort of setups don't happen too often but when they do they make all the difference between a profitable and money-rolling-in trading month.
We will be taking 50% profits at the first target area as illustrated on the chart...
We just took our first trading loss in two months on the GBPJPY short that we initiated a couple of days ago. I always welcome losses when they are controlled and within the confines or our trading system, which this GBPJPY short was.
Why is that?
Because I know that every loss is one trade closer to the next big win. And having a 81% success rate since the last...
A short trade just triggered on GBPJPY. We'll be playing this as a swing trade. It set up with a nice 2.6-to-1 reward to risk ratio.
First and seconds targets marked, we'll update as the trade progresses. Good luck all!
A short swing entry just triggered on the GBPUSD pair for a 2.8-to-1 reward trade.
Because it's almost weekend we'll be keeping a close eye on price action and will move all stops to BE before the markets close.
It's been a really good month so far, let's see how this trade contributes to our results for July '19.
A short swing signal just triggered on the USDJPY. We'll be taking off half of the position at target 1 and let the rest of the position run for target 2.
This trade carries a 2.4-to-1 reward, putting the odds for overall profitability in our favour.
Updates to follow!
A short signal just triggered on the GBPJPY pair. We will be trading it to take 50% at the first profit target level and then go for the next level with the rest of the position.
Another great 3:1 reward setup. Just have to keep a close eye on it as we're approaching the weekend.