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- This changed how I trade elections forever [EUR/USD Alert]
This changed how I trade elections forever [EUR/USD Alert]
Hey trader,
Rodney B. here, and what I'm about to share might surprise you...
🎯 QUICK NOTE: LAST WEEK'S WINNERS
Before we jump into today's opportunity, look at what just happened...
Last week's EURNZD and NZDUSD signals? Both smashed their targets. Clean, precise moves, exactly as anticipated.
If you caught these with me - congrats! These are the kinds of setups I live for.
But here's the thing...
While I love sharing these weekly gems in the newsletter, my ALGO28 VIP members are catching 3-4 high-probability setups like these every single day. Same precise entries, same systematic approach, just... more opportunities to profit.
If you're ready to catch every single setup in real-time:
Now, about today's major setup I'm watching...
First, let me tell you a story that forever changed how I trade during election seasons:
Back in 2016, I was that guy - you know, the overconfident trader thinking he could outsmart the election volatility. Long story short? I blew up 40% of my account in just two days. The market taught me a lesson I'll never forget.
But here's the plot twist...
That painful experience led me to discover what I now call the "Election Edge" - a specific way to approach these volatile periods that's been absolutely crucial to my trading success.
Right now, I'm seeing a potential EUR/USD setup that's worth your attention:
Today's Trade Setup 📈📊
Pair: EUR/USD
Entry Point: 1.08971
Stop Loss: 1.08710
Take Profit: 1.09460
Tip: Use trailing stops to lock in profits when it moves!
“Always remember: Stay disciplined and follow your plan!”
BUT - and this is crucial - we need to be extra careful here. Election season isn't the time for hero trades.
Let me share three critical lessons I learned the hard way:
1. The "Patience Paradox"
When everyone's rushing to trade election news, the real money is made by waiting. I remember watching a colleague lose his shirt trying to catch every swing during the 2020 election. Meanwhile, I waited for what I call "confirmation candles" - those beautiful moments when the noise clears and real direction emerges.
2. The "Scale-In Secret"
Instead of going all-in (my costly mistake in 2016), here's what works:
- Start with 25% of your planned position
- Add 25% only if price moves in your favor
- Keep 50% ready for clear confirmation
Think of it like testing the water before diving in. Trust me, your account will thank you.
3. The "News Shield Strategy"
Here's something fascinating I've noticed over three election cycles: The biggest moves often happen 2-3 hours AFTER major announcements. Why? Because that's when institutional money makes their real moves.
About Today's EUR/USD Setup...
While the technical picture looks promising, we MUST respect the election context. Here's my personal approach:
- Using wider stops (15-20% wider than normal)
- Reducing position size by 50%
- Only trading with clear confirmation
- Avoiding trades 30 minutes before major updates
WARNING: If you're new to forex or haven't traded through elections before, consider paper trading or reducing your position size even further. Remember my 2016 story - lessons like that don't need to be learned firsthand.
Your Action Plan:
1. Study the levels I shared above
2. Set your alerts (crucial for catching real moves)
3. Wait for clear confirmation
4. Stay patient - FOMO is your enemy during elections
Listen, I know the temptation to catch every move. Been there, done that, got the expensive T-shirt. But here's what I've learned: The best traders aren't the ones who trade the most - they're the ones who trade the smartest.
Want to see exactly how I navigate these markets? My Algo28 VIP members get real-time updates on how I'm approaching each setup. But start with mastering these concepts first - they're the foundation of everything I teach.
Hit reply with your thoughts on this setup. I read every response.
Trading wisely,
Rodney B.
P.S. Remember: Capital preservation > Quick profits. Especially now.
Trading Tip of the Day 💡📌
Tip of the Day: When you spot your setup, wait 5 minutes before entering. Then ask yourself: "If I took this trade and it went against me, what would be the obvious reason why?"
This 5-minute rule has saved me countless times from FOMO trades. Plus, it often gets you a better entry when you do pull the trigger.
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