EURUSD Day Trading Strategies Continue to Generate Profits – August 3-Sept 8 Charts
Summer is a busy time of year, so I haven’t posted weekly reviews since mid-May. But I am still trading EURUSD in the morning (start of the US session) using the strategies discussed in the EURUSD Trading Course.
Charts are published daily on Twitterand every few weeks I post a bunch of graphics on this site (like this article).
The pair has moved a lot most days, providing plenty of profit opportunities.
Here are charts with examples of transactions over the past month. Some days are missing if I didn’t trade. Coaching has taken up a lot more of my time recently, which has been the main reason why I’ve missed my own trading sessions.
In each graph there is a reference to “R”. Like -1R or +2.5R. I risk 1% of my account on each trade, so R for me is 1%.
-1R is -1%.
+2.5R is +2.5% on account.
Add them up to get the total for the day.
It is a way to express risk and reward regardless of account size.
EURUSD Today’s Trading Charts and Trading Examples for August and September
As you can see, most days of the past month provided ample opportunity to grab a few R’s or more each day, with some big days added as well as flat days where there weren’t many setups. Overall, trading conditions have been good.
Want to learn to trade like this? The EURUSD Day Trading course covers strategies for crushing the EURUSD in two hours or less, as well as the mental game work and drills for getting into the profit zone and staying there.
Or, join me on Mondays, Wednesdays, and Fridays for “Trader Group Therapy” where you can ask questions about trading, and we discuss what works and what we struggle with.
By Cory Mitchell, CMT
Disclaimer: Nothing in this article is personal investment advice or advice for buying or selling anything. Trading is risky and can lead to substantial losses, even more than those deposited if you use leverage. Past performance does not necessarily indicate future performance.