It’s that time of year already and what a year it has been – mostly one that I’d sooner forget with the Russia-Ukraine war and the terrible impact that's had on the global economy. It has, however, offered ample great trading opportunities to give us a much-needed silver lining to the dark clouds.
One aspect of trading that has been particularly fruitful, has come from trading the news. With so much focus on interest rate rises to curb ridiculously high inflation, any related-news, such as inflation stats, has had a much bigger than usual impact; thus providing super R:R trading opportunities. To benefit most from these news trades, we’ve entered seconds before the release, with a single trade and a tight stop – basically attempting to predict the news (or at least the impact of it) by just using technical analysis, as covered in the training course. There is a risk of big slippage on your stop loss but the gains have far outweighed the losses. I’m working on some material to help other traders ‘predict the news’, which I hope to release next year (gathering all the multi-TF chart examples is a long job).
Something else that might be of interest to you is the Trading Decisions Flow Chart, originally inspired by Michal in our Skype Trading Group and refined with the help of other members. It’s ideal for those who like to find trade entries on the lower timeframes and is intended to improve discipline and, more importantly, your success rate. The flowchart is now available to view in the Training Course material.
As it’s that time of year for giving, I’d like to offer some free bonus months on any eWH or ATM licence extensions – for existing or returning users. Any extensions/renewals/new licences purchased between today and the end of 2022 will have an extra 6 months added.
Thanks again, for all your support and success stories, throughout the year. I wish you and your families a very happy festive season and much prosperity for 2023.