A Fast 100 Pips Thanks To Forex Signal Mentor

Here are my results from yesterday. I spotted some good signals on the daily time frames on a few pairs for Strategy 1 in the Forex Signal Mentor series (You can see exactly how this works HERE). This strategy involves setting pending orders which I set over night. The next morning the trades were in profit apart from one which went in the other direction. I eventually closed that trade for a small loss which you can see on the picture below. If I had let that trade stay open it would have hit a 20 pip take profit no problem but since it went against me by around 60 pips earlier, I decided to cut and run when almost in profit.

The other trades all performed well and I closed out the day 102 pips in profit so I don’t need to trade for the rest of the week as my 100 pip weekly target has been reached.

Forex Mentor Trades

This is a strategy mainly for the higher timeframes and I look at the daily and 4 hour charts for this. I had not really done much with this strategy over the last couple of months as I was focussing on some of the shorter time frame signals (results of which can be found elsewhere on this site) but I saw these patterns emerging on the daily charts so decided to set the pending orders.

What I will do now is that because my weekly pip target has been reached, I will go back to practicing this and other strategies in my demo account. I will try and update the demo trades section with my results.

If you want to see exactly how Strategy 1 works, you can check out the video by clicking this link.