Hope the weekend has helped you all recover from that crazy month end.
Quick share from me on a pair that has been super solid this year and was the calm in the last few days of the massive market moves.
The pair in question is EURCAD the idea I'm sharing is on the 30M time frame.
Thanks to our strategies built in back tester I'm able to share the pairs performance for February at the foot of the header.
The stats are based on 2% risk per trade with a £1000 starting capital. This pair saw an 18% ROI in Feb alone
The trend follow strategy in operation here picked up two trades in the last three days of the trading month and went on to bank 130 pips pf profit.
When the markets were going crazy last week I was thankful to be running a simple strategy like this where we simply follow the trades as they present.
All the data provided for me at the side of each trade to just simply follow and execute.
Working to a ATR based Stop Loss & Take Profit target also removed any doubts on where to enter and exit these trades.
The end of the month was a wild one but thanks to trading with a proven edge and strategy ensured I wasn't affected by that.
Even when markets are difficult seas to navigate it's crucial to stick the trading plan you have.
For more information on the tools and plan I use please feel free to ask me any questions.