We saw last week how profitable and time efficient it can be to trade Euro Futures with the SST. Today continued its winning ways, not only with futures, but with the forex cash market as well. Whether or not you are trading with our tight 2 win Power of Quitting goal or the more robust 3 win approach, early this morning during the busy Euro Zone session, our EURUSD 5 minute chart produced all winners.
Our 2 win approach captured + 60 pips. Traders going for the 3rd winner grabbed an additional + 53 pips for a total of +113 pips on the session.
There are so many different Forex opportunities. Whether you’re a daytrader or prefer a longer hold time, the SST has many good timeframes and forex pairs to choose from. Check out this very special tradeplan which utilizes the slow moving 30 minute chart. This is like a quasi-swingtrade strategy, although most of the positions are concluded within one day.
See Today’s EURGBP 30 Minute Chart which produced +147 pips after spread costs.
Here’s a look at a EURJPY Tick Chart, also during today’s Euro Session, for + 98 Pips.
If you’re an MT4 trader, than you won’t be able to trade a 233 tick chart like the one shown above, but here’s an alternative for the EURJPY.
EURJPY 5 Minute Chart; made + 141 pips today
I thought I’d leave you with some other very exciting markets and tradeplans we’re trading with SST. Here is another look at the EURUSD but this time we’re going to look at the 9 pip range bar chart. We offer a FREE plug in to our MT4 members which allows them to trade range bars with SST. And there’s a lot of compelling reasons why you’d want to do that. First of all, range bars are dynamic and allow us to take advantage of when the market is moving. The SST, also dynamic, can adjust itself and stay in tune with this chart.
See EURUSD 9 Range Bar Chart; + 86 pips
Make sure you are signed up for this Friday’s live Demo, starting promptly at 9:30 est.