IT WAS A SPECTACULAR WEEK!
A total of 1,420 pips were left on the table last week. That is $14,200 profits if you traded on a lot size. This is aside from the most recent post we did on Ethereum, where we saw price made a nice rally of $234 in price from the low at $559. That’s a 48.86% return in profits.
If you have joined us for our free weekly profitable trades sharing session and traded on a lot size together with us, you could have pocketed a cool $14,200, and made a 48.86% return on a single trade with Ethereum. There is absolutely nothing for us to complain about.
Well, more on that later. Before you say why we “bo jio” again, let us turn our attention to a potential trade setup on AUD/CAD first.
Here’s a brief analysis of the trade setup –
Price made a strong impulse move to the down side, and is now correction after tagging the lower trend line structure. We are anticipating price to make a 3-wave correction towards 0.9937 – 0.9961 area for a potential sell trade. We are looking to short the AUD/CAD towards 0.9735 area.
AUD/CAD H4 Chart
1,420 PIPS PROFIT LAST WEEK
These profits were presented on the table last week. The question is did you take it, or you just left it there?
We didn’t manage to catch ’em all, but we got a nice 470 pips profit. Some of our traders and participants managed to catch some very good profits too!
A shoutout to Jovan for sharing your success with us! It’s our pleasure and honour to be able to share and profit together in the market with you.
Here were the opportunities and profits that you could have taken!
Major Pairs Before
Yen Pairs Before
Major Pairs After
Yen Pairs After
A PERSONAL OBSERVATION OF CRYPTO TRADERS
With the recent huge drop in the crypto market, we’re seeing many terms like FUD (fear, uncertainty and doubt); HODL (hold on for dear life), while some have been “phased out” like FOMO (fear of missing out), and To The Moon.
If you are one of those that are having FUD, and is still believing in HODL. Seriously, please start reflecting on your decisions.
The very fact we have such terms being ‘created’ and used by so call “traders” in the market is such an IRONY!
As a trader or even as an investor, we don’t make EMOTIONAL decisions.
So why would you even be first having the FOMO when crypto prices are going To The Moon, and now having FUD, and start to HODL?
Where was the trading plan and risk management?
Without a proper plan, proper strategy, and proper risk management, you are simply betting, or in other words gambling.
SO… NOW.. we have a Bat pattern, and a WXY structure completed on Ethereum.
The golden questions –
Did you buy? Why NOT?
Or if you have already bought at the top, having some HOPE now it going back up?
Or are you now having FOMO as you have missed the 48% rally from $559 to $793 yesterday?