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Recap February 2024

Summary of February 2024 Signals:

  1. Signal #19: February 5, 2024

    • Trigger: Buy breakout at 2041
    • Entry Level: 2015 - 2041
    • Outcome: Initially triggered a buy breakout but hit the stop-loss at 2015. Entered recovery mode by selling double the lot size and closed at 1993, resulting in a total profit of 220 pips.
  2. Signal #20: February 9, 2024

    • Trigger: Sell breakout at 2013
    • Entry Level: 2013 - 2038
    • Outcome: This signal confirmed the previous sell from the 2013 level. Profit was realized by closing at the 1993 area, totaling 200 pips.
  3. Signal #21: February 16, 2024

    • Trigger: Buy breakout at 2023
    • Entry Level: 1995 - 2023
    • Outcome: Achieved a profit of approximately 170 pips with a single entry, without the need for a recovery mode.
  4. Signal #22: February 26, 2024

    • Trigger: Sell breakout at 2030
    • Entry Level: 2025 - 2040
    • Outcome: The sell entry at 2025 experienced a sudden market reversal, hitting the stop-loss at 2040. Simultaneously, recovery mode was activated with doubled lot size. Managed to earn a bigger profit by re-entering several times around the 2044 area with long signals. The entry long range extended from 2044 to 2136, approximately 6-7 times the box size.

Throughout February, traders encountered various outcomes, navigating market reversals, employing recovery strategies, and capitalizing on profitable opportunities.

 


 

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