Bullish on Coffee

Hey folks,

This is Max Sydney, I decided to create this website in order to publicly review the trades I have taken every single week (let’s see if I actually do it…)

I have no doubt that there are a lot of better traders out there, however, if I can provide the slightest amount of value to one of you I shall be more than happy that I made this decision.

I have learned how to trade this style thanks to Mark Hutchinson through Falcon Trading (yes it’s a hyperlink! Click on it!) If you are not one of the members I would highly recommend you to join us!

Anyway, let me know your thoughts!

Enjoy!

Disclaimer: I am not a perfect trader and not the best one in the Falcon community but I thought to post the trades I take in order to help people avoid the mistakes I do and potentially learn from them!

I would love to see some feedback on them so feel free to comment here or on slack!

These trades are all based on what is taught at Falcon Trading Guidance if you are not a member visit the website here!

Anyway… Let’s get to the interesting part:

First Week of May 2018

This week I ended up taking 4 trades for a total of 0.85% (which could’ve been a lot more, however, I am happy with that results since the trades were good, the only thing I have to work on is the management)

The first one was EUR/JPY on the 30th of April for 0.03%:

https://www.tradingview.com/x/oYaWLldH/

The second trade I took was EUR/USD (short) on the second of May for -0.27%:

https://www.tradingview.com/x/hjCH8JZ9/

The third one was EUR/JPY (short) on the 2nd of May for 0.03%:

https://www.tradingview.com/x/JtEKo4ge/

The last trade I took this week was CAD/JPY (short) for 1.07%:

https://www.tradingview.com/x/VBWkrZuD/

Overall, I like every single entry I took, and I have no regrets for the entries.

That being said, it is clear to me that I may want to dig deeper in my management, had I managed EJ and CJ differently my return for this week would’ve been in the double digits.

However, I am happy, I followed my trading plan to the letter – now is a question whenever I should change it or not, which shall be answered by several hours of backtesting and analyzing my past trades.

I hope you folks were able to capitalize on these trades throughout the week! And if not what trades did you take?

Falcon Trading 

For those interested in learning how to trade like I do, I have learned this style thanks to Mark Hutchinson, the founder of Falcon Trading Guidance.

Thanks to him, I have been able to fine-tune my trading style, not only did it allow me to gain a new perspective of the market but it simultaneously allowed me to improve my strike rate, learn a new management style as well as increase my returns! What else can I ask for?!

If you haven’t checked out the free webinar,  I would highly recommend you to do so! (you can find it on their website: https://home.falconfx.co.uk)

If you have any question contact them on instagram: @falcontradingguidance

If you have any questions concerning the trades I took feel free to reach out to @casual_forex on instagram or Max Sydney on the slack channel!