ilmscore | 108 pips in 2 days?? ( Discipline made this possible )

108 pips in 2 days?? ( Discipline made this possible )

Published: 2017-08-09
Status: Available | Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
A specific trade on USD/CHF resulted in a profit of 108 pips within a two-day period.
"this trade managed to Bank in around 108 Pips in Just 2 days"
USDCHF=X
Pending
The second target for a USD/CHF trade was set at 0.976, which the market reached, resulting in approximately 18 pips profit.
"we were looking at the 0.976 level for Targets on the second part of this position and that's exactly what we did We pushed right into that level barely hit our targets for around 18 Pips"
USDCHF=X
Pending
A bullish signal for USD/CHF was confirmed by a break above a key level, coupled with a reversal of trend indicated by breaks of multiple resistance levels.
"we had a break above that level now that was not all we needed we had a break above that level plus this Market had reversed Trend meaning we had a break of this resistance this resistance and this resistance"
USDCHF=X
Pending
The entry for a USD/CHF trade occurred after a pullback to a significant daily structure level, which was anticipated to be a strong support area.
"we waited for a pullback a simple pullback guys and waiting for that pullback it ran all the way down into that daily level of structure which we knew was going to be a powerful level"
USDCHF=X
Pending
The EAP strategy historically shows that USD/CHF bounces from daily structure levels after pullbacks, often reaching target levels.
"more often than not when the market pulls back to the Daily structure levels and puts in the entry reasons that we use the EAP we do get a nice bounce enough to hit the targets that we place"
USDCHF=X
Pending
Even profitable trading strategies will experience losing streaks. Success depends on a trader's mindset, risk management, and discipline to overcome these drawdowns.
"majority of strategies have times when they lose and a Trader with the right mindset proper risk management and proper discipline in his trading is going to be able to handle and fight through those draw Downs in order to make it to New Equity highs eventually in his account"
Trading Strategy Effectiveness
Pending
Traders should aim for strategies that provide a slight edge (e.g., 55% win rate with a 1:1.5 risk-reward ratio) rather than expecting extremely high returns. Achieving any edge in the market is difficult.
"It's much more likely that you find a strategy that gives you a slight Edge over the market We must remember that having an edge over the market at all is already extremely difficult so even if we have a slight Edge over the market like a strategy that wins 55% of the time with a one to one and a half to one risk reward that is giving us an edge over the market"
Trading Strategy Edge
Pending