Heikin Ashi Mountain Update 21 Sept

Heikin Ashi Mountain Update 21 Sept: Full +£400 profits taken on EURJPY yesterday, and open profits standing at over £600 this morning. It would be nice to have more of that profit locked in as we go into the weekend. If you do run positions over the weekend, please remember to adjust your stops again before markets reopen on Sunday night.

Following the rules laid out in the manual, we have four new opportunities this morning …

EURCHF – buy
Germany – buy
USDCHF – sell
USTech – buy

This puts us short the USD across four positions. If you’re concerned about exposure, please consider reducing stake sizes or entering trades selectively.

A reminder that you should be doing your own analysis and identification of trades according to the rules laid out in the manual, and that these emails are not to be relied on – but are designed so that you can check your understanding of the strategy as laid out in the Heikin Ashi Mountain manual.

Here’s how my account looks:

heikin ashi mountain update 21 sept

Regards

Mark

 

Please note:
• I am opening two trades for each signal according to the Combined Profits method, one for each profit target. My staking is based on a 2% risk of a £20k trading pot, so I’m risking £200 per trade – £400 across both trades.