5 Minute Trading – On a Roll – Aug 21

Another success. Five successes in the last six trading days. This puts the strategy in a great position – the maximum possible loss for the month is now just 15 pips. Maximum possible win? Current profit of 90 pips plus 9 x 45 is 495 pips! While I’m not expecting either of those outlier results, it illustrates the the excellent risk to reward position of a trader following this strategy for the month of August.

Today’s levels:

The results so far:

You can read more abot the “Five Minutes a Day Trading” strategy here:

http://blog.cmcmarkets.com.au/2012/07/31/five-minutes-a-day-trading/