The only losing days I’ve had this week were both due to my mean reversion trades. Despite the slowing down at night, I was fortunate that the price continued its downtrend the following day, reaching my desired profit level. I was only able to trigger a retracement trade on Monday, but it turned out to be a highly profitable one. My retracement trades are consistently delivering the expected results, while any losses I’ve incurred can be attributed solely to my mean reversion trades on tuesday. I’m truly thankful for yet another successful week employing my mechanical consistency strategy. If you do not wish to participate under my affiliate links, please feel free to Google them separately. Please note: There will be affiliate links in this article. The content for this article is purely for educational/research purposes only and is merely based on my personal opinions. Mechanical Consistency Trading Strategy Purely rule-based strategy, zero guesswork, zero analysis.ĭisclaimer: I am not a financial advisor.1-hour Timeframe, Oanda, XAUUSD(Gold), $10,000 Capital, $200/ 2% per trade.Total Profit of approximately $800 (around +8%) for the 1st week of September 2023.
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