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Heikin Ashi Mountain Update 3 Aug

Heikin Ashi Mountain Update 3 Aug: The markets continue to be unkind to us, as we’re again thrown out of trades, with a full loss taken on EURJPY, and a £200 loss on USTech.

While it’s very frustrating to have to take these pullbacks, as trend traders, we can be confident that trends will resume, and the profits will come – but it would be nice to see them soon!

With that in mind, we have two new opportunities this morning …

AUDUSD – sell
EURJPY – sell

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 3 Aug

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.