TRADE EXPECTATIONS

the forex trading coach says…..

by now you should HAVE CONFIDENCE IN OUR  TRADE SETUPS ….. 

1. 12 Midnight and 5:30 Birds.
2. Strong support/resistance/trendline bounce trades. 

EXPECT TO BE GETTING 2 OR 3 NICE 20-50 PIP PLUS TRADES PER WEEK. 

 I  KNOW WHAT I AM DOING.  YOU KNOW WHAT YOU ARE DOING.  TRADE WITH CONFIDENCE. Follow the trade plan….. TRADE- COVER – TRAIL…  TIC ENTRY.   Bird/support/resistance enter, then – cover – trail – and reverse trade if the trade reverses.

Our other trades are to Enter at the trendline or resistance/support, in the direction of the trend, On the FAR SIDE.  Then; cover and trail. Simple. 

ALWAYS KNOW WHERE SUPPORT AND RESISTANCE IS so you can set your stops for profit and loss here.

Key in stop prices.  Remember 4 decimal places on the EURO.  5 digits on other pairs. Be sure of order type.  Do not rush.  It is better to miss a trade than to make a mistaken impulse trade.