How We Made $1,900 in Less Than Six Days

It was an incredibly profitable trade that took just a few days to play out. [Jeff Clark's Market Minute]( How We Made $1,900 in Less Than Six Days By Imre Gams, analyst, Market Minute Today, I’ll show you how you could’ve made $1,900 in less than six days on just one trade. This isn’t a hypothetical example… On October 5, Jeff Clark Alliance members received my trade alert. And by October 11, we had exited the position for a nice gain. The trade was on the U.S. dollar (USD) and Canadian dollar (CAD) currency pair. Forex traders refer to this currency pair as USD/CAD. I’ll show you how I first identified the trade and then how I managed the position once the trade went live. But before I get to that, I want to explain the fundamental concept behind my trading strategy… Recommended Link [$130 trillion revolution in this cup?]( [image]( Don’t try this at home. Former Goldman Sachs executive Nomi Prins recently drank the contents of a brand-new type of battery… To reveal why 5 billionaires are investing in [this tiny $4 company behind it.]( And how it could unleash a $130 trillion energy revolution. [Watch the 30-second demo here.]( -- The market has two phases of behavior: the trending phase and the corrective phase. When a market is trending, the moves are strong and it makes new highs or lows with ease. But once the trending phase is over, the market enters the corrective phase. This is when the market pulls back and retraces a percentage of the prior trending movement. An important distinction between these two phases of market behavior is that a corrective phase will not make new highs or lows. Let’s look at an example below on the U.S. dollar index price chart… [(Click here to expand image)]( The blue arrows represent the trending phases of the market, while the red arrows represent the corrective phases. Notice how every time a corrective phase came to an end, the market ran higher. Those are the trending phases I aim to catch whenever I make a trade. Now let’s look at the USD/CAD trade I mentioned earlier… [(Click here to expand image)]( The first blue arrow is the strong trending movement I was tracking in the currency pair. The red arrow is the ensuing corrective sequence. When I sent out the trade alert, I was positioning subscribers for the next trending sequence (the second blue arrow). Free Trading Resources Have you checked out Jeff's free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career – at zero cost to you. Just [click here]( to check it out. You’ll notice I didn’t end up picking the very bottom of the red corrective sequence for our entry point. Over my 14 years of experience, I’ve found that trying to perfectly time the market usually doesn’t end well. Sometimes we’ll get lucky and pick the exact top or bottom in a market. But as you can see, exact timing doesn’t matter too much. The net result was an incredibly profitable trade that took just a few days to play out. The bottom line is that as a trader, my job is to make the cash register ring and bring in some money. But my technical strategy is just half the story. My 3-step risk management strategy is just as important. [Market Wizard who predicted negative indexes in 2022 shares shocking new forecast]( Without risk management, a trader has no hope of pulling in consistent profits. Risk management is how we monetize our analysis of the market. Tomorrow, I’ll discuss the three steps to my risk management strategy and show how I applied it to great effect on this USD/CAD trade. It’s very simple and you should be able to apply the exact same concept to your own trading right away. Imre Gams Analyst, Market Minute Reader Mailbag In today’s mailbag, a [Jeff Clark Alliance]( member shares his experience with Imre’s forex trade… The first beta forex trade from analyst Imre Gams was well communicated. The continued communication to raise/lower the stop losses – to reduce risks, eliminate risks, and protect profits – was well documented. It made it straightforward to work with my broker to show me how to place this trade in my account. – Nicholas M. And a [Jeff Clark Trader]( member shares his perspective on Jeff’s latest bitcoin option trade… I believe the probabilities are greater that bitcoin takes a dive from here. Not just from looking at the chart action alone… but also when considering the macro cycle with liquidity drying up, profit growth slowing on an accelerating basis (aka recession), inflation (while most likely having peaked) remaining sticky, the Fed’s commitment to tighten for the foreseeable future, and hedge funds planning to liquidate risk assets during Q4. I thought to share my perspective with you. – Mario M. Thank you, as always, for your thoughtful comments. We look forward to reading them every day. Keep them coming – and send us any questions – feedback@jeffclarktrader.com. In Case You Missed It… [In 20 years, this little-known trader didn’t have a single losing year…]( In his debut video, Market Wizard Larry Benedict reveals how to make all the money you need, in any market, using a single stock. [Click here to watch the video]( and get the name and ticker of the one stock that could put you on the road to financial success. [Click here to learn more.]( [image]( Get Instant Access Click to read these free reports and automatically sign up for daily research. [The Ultimate Guide to Taking Back Your Privacy]( [THE 101 GUIDE TO PRE-IPO INVESTING]( [An Insider's Guide to Making a Fortune from Small Tech Stocks]( [Jeff Clark's Market Minute]( Jeff Clark Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.jeffclarktrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Jeff Clark Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-752-0820, Mon–Fri, 9am–7pm ET, or email us [here](mailto:contactus@jeffclarktrader.com). © 2022 Omnia Research, LLC. 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