The potential when you stay in trades.
Hello traders
Reviewing some trades I am still entered before markets kick in for the week.
Just wanted to share this one and highlight the benefits of running some strategies on longer time frames and crucially gains made by staying in those trades.
On bigger time frames I run the strategy I am using with a stop loss and follow trend set up until the next signal presents on my chart. At this point I close the current trade and enter the next one.
Here we have a AUDJPY trade that I entered on the 24th of November. Trade is currently running at 182 pip gain.
From the back test data this method of trading this pair at these settings on a 2% risk per trade has produced 83 gains on investment year to date.
For more info on the script I am using please drop me a message.
Reviewing some trades I am still entered before markets kick in for the week.
Just wanted to share this one and highlight the benefits of running some strategies on longer time frames and crucially gains made by staying in those trades.
On bigger time frames I run the strategy I am using with a stop loss and follow trend set up until the next signal presents on my chart. At this point I close the current trade and enter the next one.
Here we have a AUDJPY trade that I entered on the 24th of November. Trade is currently running at 182 pip gain.
From the back test data this method of trading this pair at these settings on a 2% risk per trade has produced 83 gains on investment year to date.
For more info on the script I am using please drop me a message.