Turning point method - free trade signals

This is a method based on the trading principle "trend end = trend bend" which means where an old trend ends, it bends or curves into a new trend. These are some characteristics of the method:

1. Margin is 5% or 10% of equity.
2. TP per pair is 300 - 500 pips depending on the pair.
3. SL is added only after price moves 100 pips or more in profit to confirm the new trend.
4. Only one pair is traded at any time unless a new setup is ripe and the previous trade is well into profits.
5. The first entry may be the turning point all the way to TP, but sometimes a 2nd entry at exactly 100 pips from the first entry becomes the final turn in which case the first one is closed at BE then the 2nd is allowed to travel to TP.
6. Great patience is needed especially when price partially retraces. Some trades return back to entry at BE but others make it to TP.

Everyone has a unique trading style which suits their personality. For instance, a day trader will find this method boring because this is very much a swing trading method. So from the features listed above, you can quickly decide whether this is for you or otherwise.

Anyone who is interested in getting these FREE trade signals should simply send me a P.M.

Let's go there...

These recent GbpChf & GbpCad trades traveled well but didn't make it to TP:

Tough to see lots of floating profits for weeks, only to be reduced to barely nothing for trades such as these.

So had to close this EurCad trade when it bounced off exactly 400 pips from entry, just to compensate for all the time taken by those GBP trades above.

Happily for me, I exited the EurCad trade with a healthy chunk that time because now with the benefit of hindsight, I would have waited again in vain since the pair has almost completely retraced back to entry. However, the good news is that it is building a new setup for another 300+ pips entry in the coming days or weeks. Will post the new trade here when it is ripe.

Had to also close this NzdCad position prematurely around 300 pips profit for the same reason being to compensate for the two inconclusive GBP trades from earlier on. This particular trade nevertheless continued its upward push unlike the twin GBP pairs. Now less than 100 pips away towards TP that was placed at 0.9070 which I believe will hit in few more days.

Next up, EurCad is an upcoming short at 1.5560. Initial turning point is at 1.5460.

Preparing to short GbpUsd at 1.3850 for 300 pips...

Point No. 5 of the first post applies to this setup.

Price went almost exactly 100 pips from the first entry but missed picking up the 2nd sell limit order with only few pips.
Now the first trade at 1.3850 has been closed at break-even but the 2nd pending sell order will remain in case price returns to that level.
It is still a very good setup.

Cable looking very likely to kiss the 1.40 round number level so it's a good idea to adjust the entry exactly 50 pips up from 1.3950. TP is now 400 pips so we are looking to exit at 1.3600.

Update: this trade bolted away from it's initial entry and ended up with a pending hedge @ 150 pips from 1.40 i.e. 1.4150.

Next up, a EurCad setup getting ready for entry at 1.5770 to 1.5370 for 400 pips. This will clear out the floating hedge with additional profits to spare.