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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GBPCAD made a quite strong upward move on Wednesday which brought the price away from the rising trend line.
This distance from the trend line gives room for a posssible sell trade.
Today the price also touched a resistance level (the red horizontal line) which could be an indication that a reversal to the downside is about to happen.
Therefore, you may decide to actvate your expert advisors and alerters for this setup :)
Here on the daily time frame you can see the price level for which I have drawn the resistance level manually:
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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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