Trader makes +7.25% gain trading the 15 minute charts

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#456: Trader makes +7.25% gain trading the 15 minute charts

In this video:
00:35 – One of our clients makes +7.25% account gain in the week
01:20 – We only look for a trade at the close of a candle
01:54 – We don’t only trade the longer time frame charts
02:55 – Trade what suits you
05:05 – Take a look at Blueberry Markets
06:11 – Future trading topics

One of our coaching clients made 7.25% account gain last week, trading only the 15 minute timeframe charts. Let me explain about that and more right now.

Hey traders, this is Andrew Mitchem here at The Forex Trading Coach, with video and podcast number 456. Something a little bit different this week, and I mentioned it at the end of last week’s video and podcast, and I’ve had a lot of people saying they’re really wanting to know more about this.

One of our clients makes +7.25% account gain in the week

I talked about a client who just the previous week made 7.25% on his account. On the previous video, I think I was mentioning he made about 8.5%, I think it was, but he actually had a losing day on Friday when I made last week’s weekly video. So for the previous week he ended up, of the five trading days, he lost Friday and made four profitable days Monday through to Thursday, for a total net gain of 7.25% trading with only very tiny risk of a quarter to a half percent risk per trade. And he did that by trading between 45 minutes and one and a half hours per day on only the 15 minute timeframe charts.

We only look for a trade at the close of a candle

And the great thing with the way that we trade is you only look at the candle close. And so you know that if you’re trading for 45 minutes a day, he could have looked at four different timeframe charts, or four different closes. And if he was trading for an hour and a half, he had six closes on the 15 minute timeframe charts to look at. So he did that for the five days for a 7.25% account gain, only on the 15 minute timeframes. And when you think about that, that’s pretty good.

We don’t only trade the longer time frame charts

And a lot of people