Thew Gold Method Ichimoku Weekly Review

2019-12-06 21:45:28

This week was another great week 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:

5 winning trades
1 unsuccessful trade
Pips won: 231.7
Pips Lost: 20.2

Here is a day by day breakdown:

Monday, we took a GBPAUD breakout trade. It was a good Type 1 Breakout set-up which allowed us to net + 25.2 Pips and a 2.12% gain. We then got a MA trade which we rode to the + 60 pip profit target and a 6.01% gain.
Tuesday, Some of us, including myself, took a Type2 trade on GBPJPY which we closed ½ at +25 pips and the remaining ½ at breakeven Other traders took the Type 1 BO’s on GBPCAD or GBPUSD and did better…Student’s becoming the masters.
Wednesday, we took a GBPNZD BO trade that rocked to the 95.7 profit target for +7.77% gain. Unfortunately, we gave some of that back on a failed news trade on EURNZD -20. 2 pips – 1.97% The net gain on the day 5.8%
Thursday, A good Type 1 Breakout trade which we closed ½ of my position for + 25.2 pips and the remaining ½ for + 13.1 pips a 1.52% Gain
Friday, since today was NFP, we did not trade before the release (or after as a group)

For the week, since I risk 2% per trade, I ended the week with a 16.45% gain and the majority of the room achieved similar results.

Sincerely,

Allen Gold