3 Little Pigs Trading Strategy Weekly Report – 26-Jan-14

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    Forex Useful
    Forex Useful
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    Pick Of The Week – AUDUSD

    After a nice trade the previous week, AUDUSD was again rewarding this week with an 8% return based on 2% risk.

    The above assumes the entry on 23-Jan was taken around 0,8800 and the trade was exited on Friday close around 0.8680. A Trailing Stop of 30 PIPs (as taught on the 3 Little Pigs & NITS 1 on 1) is also assumed. See chart…

    As a note, those of you holding onto the USDCAD trade from the last couple of weeks could have added another 120 PIPs to their 300 PIP tally (and it’s still going).  That equates to an additional 12% (total 30%) based on the Initial Stop (20 PIPs) and 2% risk per trade – See the last 2 weekly reports (here’s the link to the archive) for details because these are the trades that really make the difference to your annual performance.

    3 Little Pigs Trading Strategy - 2014-01-26Here is the link to the complete 3 Little Pigs Trading Strategy Weekly Report

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