$14,200 Profits On The Table! Don’t Say We Bo Jio

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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

AUD/CAD H1

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!

GBP/CHF Before

NZD/CAD Before

Major Pairs Before

Yen Pairs Before

EUR/NZD Before

GBP/CHF After

NZD/CAD After

Major Pairs After

Yen Pairs After

EUR/NZD After

These are the trades that you could have taken also with the proper analysis and strategies that we cover in the ProTrader Programme.

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?

Ethereum Before

Ethereum After

Join us this coming Monday, 12th February, from 7.30pm to 9.30pm to find out how you can start profiting from the market with a proper strategy, and at the same time protecting your capital.

ATTEND OUR NEXT WEEKLY FOREX MEETUP

12TH FEBRUARY 2018

A free weekly meet-up where Alpha Play coaches share our outlook on the current market trends for currencies and how current affairs will affect the financial markets over the short and medium terms. This information is useful to Forex traders and even non traders curious about currencies trading.

*** Limited seats available so be sure to book yours fast! ***

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A self-taught trader, Kar Yong was once featured in Channel News Asia’s Money Mind Young Investor. He was also featured as a Social Guru on the eToro social trading platform where he led the path for more than a thousand traders in confusing market conditions by sharing his trading strategies through forums and blog posts. Today, he teaches his proprietary 4 Pillar Forex Trading Strategy to students from all over the world.

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