Hi, I posted my detailed analysis for members of my forex mentor pro group on Sunday 23rd March and suggested that there were a possible 700 pips to be made. By Thursday evening these trades, net of losses are currently + 415 PIPS IN PROFIT!
This is from analysis made over the weekend. Trades placed at the market open, job done! You can see the video below that I recorded on Sunday and posted in the members area and I have posted some of the notes that went with it, below.
Member Mike S. from Bristol in England emailed me today to say thanks for this weeks detailed analysis AND that he has had his best week ever trading forex
“Hi Marc, just wanted to drop you a line and say thanks for all your help and mentoring over the last 12 months. I had my best week ever so far and made an amazing $5645 by Thursday evening, with the balance of some trades still open, stops beyond the entry. I owe you a VERY big drink. I did my own analysis over the weekend and then watched your video and analysis which was spookily accurate as ever 🙂 I placed the trades at the market open and walked away as per your suggestion.
I also now use Omars Trade Manager and am finding that the combination of trading from weekly/daily charts and using the trade manager I am removing most of the silly emotional things I used to do that was killing my results. Thanks again, if you are ever in Bristol it will be a pleasure to show you around and wine and dine you and your wife. Please feel free to use this testimonial” – Mike S
There are lots of other Testimonials that you can find here and on independent review sites like ForexPeacearmy.com
So what did I say that I was looking for?
Gbp/$ Weekly: We are currently in a channel that goes back to the summer of last year, but we have a lot of bearish indicators suggesting a reversal so how to play it? I will place an order at the market open to long in its current position. It is sat on a weekly and daily channel line which is also 61.8% fib of the recent moves and previous support and resistance, so multiple reasons.
Result? Its currently + 160 pips as I write this post AND this trade was taken largely from teh simple strategy that I teach in the Free Training Course here on this site
Euro/Gbp: Weekly: I am currently short at 0.8400 which is 78.6% fib and intersection of a major trend line
Result? Currently + 140 pips & has worked twice in last 2 weeks
Aud: I said 2 weeks ago “Watch gold for clues, explained in the video. Also see how the inverse head & shoulders pattern that Mary (Tradespotting in the forum) showed recently. It worked almost to perfection for 700 points on the gold movement and is lining up now on the Aud!” that is still valid AND there is a further clue now of a potential 700 pip triangle break out! Ways to play it: wait for break and close above 0.9150 to long
Result? Currently + 140 pips
Cad: Weekly Positive news for Canada on Friday so a pull back and a great swing trade which again Pierre caught and showed in the forum. If price opens higher at the open even I will be tempted to short
The more conservative trade will be a long at 1.1020 it’s a long way back but it’s a strong area, weekly trend line fib and daily 55ema.
Result? Opened last night, currently -14 pips
That is over 400 pips of profit from pre planned moves. Orders placed on a Sunday evening at the market open, walk away, job done! If you really want to learn how to trade forex for yourself and enjoy similar results then check out my forex mentor program. We currently have a $1 trial for the 1st week, access all areas: CLICK HERE
Here is the video that members saw on Sunday. Have a look at your charts and see how “spookily accurate” the analysis was 🙂
Author: Marc Walton
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