Summary of January 2024 Signals:
In January 2024, a series of trading signals were issued, beginning with Signal #15 on January 4th and concluding with Signal #18 on January 31st. Here's a breakdown of the signals and their outcomes:
Signal #15: January 4, 2024
- Trigger: Sell breakout 2024
- Entry Level: 2024 - 2064
- Outcome: Tricky to manage, requiring manual intervention to avoid floating losses. Despite this, a floating profit of 80 pips was achieved before revisiting the entry.
- Trigger: Sell breakout 2024
Signal #16: January 11, 2024
- Trigger: Sell breakout 2013
- Entry Level: 2013 - 2063
- Outcome: Similar to Signal #15, manual management was needed to prevent floating losses. However, a floating profit of 120 pips was secured before revisiting the entry.
- Trigger: Sell breakout 2013
Signal #17: January 25, 2024
- Trigger: Buy breakout 2027
- Entry Level: 2009 - 2027
- Outcome: Marked a turning point with a successful buy signal. A floating profit of 360 pips, twice the box size was booked, signaling a recovery from the earlier signals.
- Trigger: Buy breakout 2027
Signal #18: January 31, 2024
- Trigger: Sell breakout 2030
- Entry Level: 2030 - 2065
- Outcome: Sold at 2030 with a floating profit of 150 pips before revisiting the entry, continuing the trend of requiring active management.
- Trigger: Sell breakout 2030
In summary, the first two signals were challenging and required manual handling to prevent floating losses. However, the later signals showed signs of recovery, particularly Signal #17, which yielded double the reward with a floating profit of 360 pips. Throughout January, traders experienced volatility but managed to adapt and capitalize on opportunities despite the initial challenges.
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