this is Mike from www.PerfectTrendSystem.com.
The purpose of these weekly setup announcements (Golden Setups) is that you can activate your V-Power EA, Double Top/Bottom Alerter and Double Top/Bottom EA according to the announced setups. You can use the setups as a guidance for your trading and you should still make your personal judgement.
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Recently there was a quite good sell opportunity on EURAUD.
Although not perfect, the trade opportunity had the following edges on our side:
1. A very strong V-Power sell signal on H1
2. A bearish divergence on H4
3. A buy stop level was taken out
Trading setups with these edges have a 70% winning rate from my experience. Although we teach much better trading setups (with 90% winning percentage) in the Ultimate Coaching program (you can join at the moment) I went for this trade.
I really liked the big candles at the top of the move after the resistance level (buy stop level) was taken out and then the sharp reversal to the downside occurred:

Here you can see the bigger picture view on H4 where I draw the buy stop level with the green dotted line and where I labeled the bearish divergence.
It was a mix of all 3 edges which let me activate the V-Power EA to trade this setup fully automatically for me:

The downward trend on EURUSD got very steep during the past weeks and even exceeded the initial descending trend channel to the downside.
At the same EURUSD took out an untouched support level (the horizontal green line). In the ultimae coaching group we call this situation "ball pressed under water effect".
There is a lot of pressure/force to the upside. If we see a strong upward move (as labeled in the weekly chart below) then an entry during the first pullback (small red line in the chart below) would be a perfect example of a V-Power AAA+ trade.
Read everything about AAA+ trades in the lower section of the V-Power Explanation article


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V-Power
We have published many high probability trading chances which you can use to trade with V-Power and Double Top/Bottom!
Therefore, activate your alert indicators (V-Power and DTB) and receive the signals in real-time! :)
Read everything here: Highest Probability Trading Setups (click here)
You can meet 900+ fellow traders in the private V-Power group where Thorsten and other experienced members discuss and announce setups every day.
V-Power can give you alerts in real-time or enter automatically for you into the announced setups while you are at your day job!
Read everything about V-Power and download the free version: V-Power Semi-Automatic Trading (click here)
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STME Setups
Maybe you didn't know that we also have a very active trading group which trades a trend based trading system called "Strong Trends with Magic Entries" (STME).
Our STME-coach Andro and experienced members are posting and discussing setups every day and educate you for free.
The STME group is one of the most active telegram groups where multiple live trade entries are posted every day, and you can join it here: Join The STME Group (FREE)
You can download the free version of the STME system and join the telegram group here: Test The STME System
By joining our telegram groups you will also benefit from many live trade announcements which the members often post in real-time.
Best regards,
- Mike Semlitsch
P.S. Do you know of anyone who's into trading? Then forward them this email.
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Germany
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