Hi John it has been another profitable week but only just. I managed to finish the week £101 up. My analyzer is attached to this email. I had a interesting conversation with Desiree today and we both believe that the 1minute chart is cutting us to shreds. The both of us make a great team and we both have a serious aim to pack up the day job and do this thing full time. I feel that the passion is there and that's why I believe you invest alot of time into us because you see it also.
Next week we are going to be concentrating on the 5minute chart. Trading is a serious business as you know and I believe the returns are alot more serious when looking at this chart without being cut to shreds. I believe the same rules apply about trailing your stops as I know it is important to control my losses.
I don't want to have fast returns but simply want to end each week in consistent healthy profit. Hopefully on Monday or at some point during early next week we can look into making sure myself and Desiree have the correct approach for this style of trading. Please let me know what you think.
This weeks trades start from No. 162
Warm regards - Darren Benjamin
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