The 4 steps Assessment for GBP
I stop counting the number of pips for the month ending in Oct.
A week before the 3rd Friday of Oct which is this Friday, I have already hit my target and way above last month. Recalling, last month I have made more than 500 pips, >30% ROI m/m. As of today, >700pips, 38% ROI month to month.
God Bless.
This was build upon a trading method that I employed for the month of June, July and August. As seen in these five months, the market move up, then crash and recovered before now moving side way. BUT no difference to me, its a straight five months of profits. The target set was 20% ROI m/m and 300 pips.
The intial method was based purely on news and technicals. I added another 2 - stock market indices and comparision against major currency. Of course, couple with a unique way to handle money management and trading emotions, the profit was stretched by an addition 10%, and of course more pips per month.
I will be sharing these four steps analysis soon. But, if you have already follow me in my daily market analysis, you should have already catch my idea. No rocket science, its how you read news and understand the fundamentals and make precise move using technicals to max out the profit for the day. Money management cushion the emotions and make me less constraint by these emotions.
A week before the 3rd Friday of Oct which is this Friday, I have already hit my target and way above last month. Recalling, last month I have made more than 500 pips, >30% ROI m/m. As of today, >700pips, 38% ROI month to month.
God Bless.
This was build upon a trading method that I employed for the month of June, July and August. As seen in these five months, the market move up, then crash and recovered before now moving side way. BUT no difference to me, its a straight five months of profits. The target set was 20% ROI m/m and 300 pips.
The intial method was based purely on news and technicals. I added another 2 - stock market indices and comparision against major currency. Of course, couple with a unique way to handle money management and trading emotions, the profit was stretched by an addition 10%, and of course more pips per month.
I will be sharing these four steps analysis soon. But, if you have already follow me in my daily market analysis, you should have already catch my idea. No rocket science, its how you read news and understand the fundamentals and make precise move using technicals to max out the profit for the day. Money management cushion the emotions and make me less constraint by these emotions.
posted by Ernest Seng at 10:17 PM
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