These are the charts and trades that I saw (early US session) utilizing the strategies discussed in the EURUSD Day Trading Course.
Charts are posted daily on Twitter, and every month I post a bunch of charts on this site (like this article).
The pair has been moving a lot most days, providing ample opportunity to profit.
Here are charts with examples of the trades over the last month. Some days are missing if I didn’t trade. Coaching has been taking up much more of my time recently which has been the main reason for missing some of my own trading sessions.
In each chart, there’s a reference to “R”. Such as -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 the account.
Add these up to get the total for the day.
R is a way to express risk and reward regardless of account size.
EURUSD Day Trading Charts and Trade Examples from Dec 1 to Dec 30
Click on the chart below to expand it. Press ESC to close the expanded image and return to this page. Arrows to flip through the charts are along the bottom of the expanded image.
Live EURUSD chart by TradingView
As you can see, most days over the last month provided enough opportunity to grab a couple R or more each day, with some big days thrown in there along with some flat days where there weren’t many setups. Overall, trading conditions have been good.
Want to learn how to trade like this? The EURUSD Day Trading Course covers strategies for crushing the EURUSD in two hours or less, as well as mental game work and exercises to get in the profit-making zone and stay there.
I have included another amazing tool in my trading arsenal. It allows me to trade 21 years of historical forex charts as if they were live (any time: days, nights, weekends).
Download tick-by-tick high-quality data, and then replay it. Select a day and place trades, just like it was live. Speed up or slow down the speed of candles forming. Rewind to fine-tune your entries or exits.
Doing an extra practice session will likely cut your learning curve in half.
Here’s the link to the software I’m using: use coupon code TRADETHATSWING10 to get 10% off.
And check out the video to see how it works.
By Cory Mitchell, CMT
Disclaimer: Nothing in this article is personal investment advice, or advice to buy or sell anything. Trading is risky and can result in substantial losses, even more than deposited if using leverage. Past performance doesn’t necessarily indicate future performance.
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