GBPNZD SS Long + 75 Pip PotentialPrice is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position.
BO Entry = 2.0219
Stop = 2.0194
Risk = 25 pips
Profit target = 2.0290
Reward = 75 Pips
RRR = 3 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
* This trade was analyzed and agreed upon in my training room
Thegoldmethodichimoku
The Gold Method Ichimoku Weekly reviewThis was our third week in the Training room for The Gold Method Ichimoku.
I need to thank everybody who participated, stayed late and put in the extra work. You guys/girls were awesome, and I look forward to continuing our relationship, so you achieve your goal of becoming Professional traders.
Here are the quick Stats for our 4 days together:
2 winning trades
2 losing trades
1 flat trade
Pips won: 66.6
Pips Lost: -52.3
Here is a day by day breakdown:
Monday: We had a Type 1 trade set-up in GBPAUD which unfortunately did not work out. We then got a SMA trade, which did work in our favor and ended the day with a +.40% gain
Tuesday: We did not meet.
Wednesday: We took a GBPCAD Breakout trade that failed for -25.3. pips.
Thursday: We took a GBPAUD Type 1 breakout which all of traders in the room, myself included, netted between 28 and 33 Pips.
Friday: We took a Type 1 Bo trade on GBPCAD which challenged, but did not hit, our stoploss twice. The trade was closed in the room for a small gain but had decent pip potential if we stayed in.
For the week, since I risk 2% per trade, I ended the week with a 1.3% gain. Certainly not the most productive weeks in percentage gain but I think everybody in the room learned a tremendous amount that will yield benefits in the future.
Sincerely,
Allen Gold
If you are interested in a complimentary 2 days in my training room, please message me and provide your e-mail
GBPAUD SS Long + 99 Pip PotentialPrice is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
BO Entry = 1.8889
Stop = 1.8871
Risk = 25 pips
Profit target = 1.8988 ( The projected daily high )
Reward = 99 Pips
RRR = 3.98 - 1
I would appreciate if you leave a comment or like as a thank you
Allen
** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks.
GBPNZD SS Short + 290 Pip PotentialPrice is below the 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position.
PB Entry = 2.0166
Stop =2.0186
Risk = 20 pips
Profit target = 1.9876 ( The projected daily low )
Reward = 290 Pips
RRR = 14.5 - 1
BO Entry = 2.0059
Stop = 2..0084
Risk = 25 pips
Profit target = 1.9876 ( The projected daily low )
Reward = 183 Pips
RRR = 7.32 - 1
I would appreciate if you leave a comment or like as a thank you
Allen
this trade was analyzed and agreed upon by the traders in my Training Room
GBPJPY SS Long +140 Pip PotentialPrice is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
BO Entry = 141.18
Stop = 140.93
Risk = 25 pips
Profit target = 142.58 ( The projected daily high )
Reward = 140 Pips
RRR = 5.6 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great week!
Allen
** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks.
GBPJPY MA Trade + 60 PIp PotentialWe have a nice up move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR.
Entry = 140.81
Stop = 140.61
Risk = 20 pips
Profit target = 141.41
Reward = + 60 Pips
RRR = 3-1
**Once this trade is up + 25 pips, move your stop to breakeven and let it run
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
** This trade was analyzed and agreed upon by the traders in my Training Room
The Gold Method Ichimoku Weekly reviewThis was our second week in the Training room for The Gold Method Ichimoku.
I need to thank those who took part and for all their hard work and effort this week. With the various news events we were meeting at different times and looking at different market conditions Working with you guys was an absolute pleasure and I look forward to continuing our relationship, so you achieve your goal of becoming Professional traders.
Here are the quick Stats for our 4 days together:
1 winning trade
1 losing trade
Pips won: 30.9
Pips Lost: -26
Here is a day by day breakdown:
Monday: We had a very Nice Type 1 trade set-up which unfortunately did not trigger till 1:11 pm GMT (9:11 am edt) which is outside our trading hours. The trade had a drawdown of only 8 pips with a pip potential of 126.
Tuesday: We did not meet. However, the traders provided their set-ups with the consensus being that GBPNZD was the best Type 1 trade. That trade generated 93 pips with a drawdown of a mere 3 pips.
Wednesday: We took a GBPCAD Breakout trade that failed for -26. pips.
Thursday: We took a MA trade which most traders, myself included, netted between 30 and 37 Pips.
Friday: No trade.
For the week, since I risk 2% per trade, I ended the week with a 1% gain.
As discussed before the training room ended, trading during the U.S. Session would have generated a significantly greater %gain. Specifically, the GBPMZD trade on Monday would have closed for a 6% gain and there were 2 MA trades (1 winner and 1 loser) that would have netted 4%. So, the opportunity for a 11% week was there.
Sincerely,
Allen Gold
GBPAUD SS Short + 233 PIp potnetialPrice is below the 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
BO Entry = 1.8792
Stop = 1.8817
Risk = 25 pips
Profit target = 1.8559 ( The projected daily low )
Reward = 233 Pips
RRR = 9.32 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great weekend !
Allen
** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks.
GBPAUD Ss Long + 163 PIp PotentialPrice is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
BO Entry = 1.8960
Stop = 1.8935
Risk = 25 pips
Profit target = 1.9123 ( The projected daily high )
Reward = 163 Pips
RRR = 6.52 - 1
** Because the UK CPI scheduled to be released at 8:30 am GMT, if this trade is not triggered by 7:30 am GMT, it is cancelled
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks.
GBPNZD SS LongPrice is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
BO Entry = 2.0003
Stop = 1.9978
Risk = 25 pips
Profit target = 2.0144( The projected daily high )
Reward = 141 Pips
RRR = 5.64 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks.
The Gold Method Ichimoku Weekly reviewThis week was our first in the Training room for The Gold Method Ichimoku.
First, I want to thank those who participated and for all their hard work and effort this week. Working with you guys was an absolute pleasure and I look forward to continuing our relationship, so you achieve your goal of becoming Professional traders.
Here are the quick Stats for our 4 days together:
1 winning trade
2/3 loosing trades (discussed below)
1 Flat trade
1 No trade day
Pips won: 138
Pips Lost: 51.8
Here is a day by day breakdown:
Monday we closed our trade flat as all indications were the market was going to move against our position. This trade was reviewed on Wednesday with the conclusion being that while it was a good trade set-up, either a slightly larger stop or a more conservative pullback level could have been used to make this trade successful.
Tuesday: We did not meet
Wednesday: We took a GBPCAD Breakout trade that failed for -26.8 pips
Thursday: We could not find a high probability trade set-up, so we did not take a trade.
Friday: We had 2 Type 1 Trades on GBPCHF and GBPJPY with both Breakout and pullback entries. The Breakout trades were triggered at the European open. Some traders took GBPCHF, others took GBPJPY and some, including myself split my risk-based position between the two. That is why it listed as 2/3 losing trades
Unfortunately, as shown above the breakout trades on both pairs failed.
However, the pullback trade on GBPJPY triggered at 8:44 a.m. GMT (4:44 a.m. edt) and ran to it’s profit target for a + 138 Pip gain. Since the training room ended approximately 30 minutes before the pullback trade triggered only slightly more than half of the class took the trade. I take responsibility for not making it clear that the pullback trade was still viable. That is on me and I will make that up to you guys.
For the week, since I risk 2% per trade, I ended the week with a 7.7% gain and while those who caught the GBPJPY pullback trade ended similarly, I want every trader in the room to experience those gains.
Sincerely,
Allen Gold
GBPJPY SS Long + 138 Pip PotentialPrice is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 134.02
Stop =133.82
Risk = 20 pips
Profit target = 135.40 ( The projected daily high )
Reward = 138 Pips
RRR = 6.9-1
2nd Entry = 134.63
Stop = 134.38
Risk = 25 pips
Profit target = 135.40 ( The projected daily high )
Reward = 77 Pips
RRR = 3.1 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks.
GBPCHF SS Long + 132 Pip PotentialPrice is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.2379
Stop =1.2359
Risk = 20 pips
Profit target = 1.2511 ( The projected daily high )
Reward = 132 Pips
RRR = 6.6-1
2nd Entry = 1.2434
Stop = 1.2409
Risk = 25 pips
Profit target = 1.2511 ( The projected daily high )
Reward = 77 Pips
RRR = 3.1 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great weekend !
Allen
** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks.
GBPCAD SS Short +145 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.6294
Stop =1.6314
Risk = 20 pips
Profit target = 1.6149 ( The projected daily low )
Reward = 145 Pips
RRR = 7.25-1
2nd Entry = 1.6245
Stop = 1.6270
Risk = 25 pips
Profit target = 1.6149 ( The projected daily low )
Reward = 96 Pips
RRR = 3.84 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks.
GBPNZD SS Long + 131 Pip PotentialPrice is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8500
Stop = 1.9475
Risk = 25 pips
Profit target = 1.9631 ( The projected daily high )
Reward = 131 Pips
RRR = 6.55 -1
2nd Entry = 1.9555
Stop = 1.9530
Risk = 25 pips
Profit target = 1.9631 ( The projected daily high )
Reward = 76 Pips
RRR = 3 -1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks.