FOREX SWING TRADING TraderTom.Com Telegram Channel

SEE MY HOLIDAY ANNOUNCEMENT ABOVE

https://t.me/SwingTradingTraderTom/4179

POSTED 15th MAY 2024

HELLO

I am away from my normal trading desk for the next month. I started 2024 with a bang, making 80% in my first month, but then I had a huge losing month in February. Since then, I have buckled down, traded conservatively, and I am now up 30%.

This may be admirable for many, but me producing 30% in 4 months is not good. This performance is an outlier, statistically speaking, compared to previous years. While I have losing months of course, I tend to average 50% a month in profit.

I have decided to take a break for a month and study my trades and research. This coincides with me going to North America for my “speaking tour”. If you are in America, and you want to hear me speak, then you can buy tickets here:

https://www.eventbrite.com/o/tom-hougaard-46097921353

I take my responsibility as a mentor to many of you very seriously, and it is no secret that you get “warts and all” in this channel. However, I feel there is more to the story than just bad luck this year.

I am not one for excuses, so this is not meant to be one, or sound like one. I am undergoing a body transformation this year, trying to build muscles, changing my diet (I have cut out all sugars, and I have dropped 18 lb in weight in 4 months, while maintaining my muscle to fat ratio), but I admit it has at times left me fatigued and less focused than normal.

I am work in progress :). You can't appreciate "day" without "night", and my struggles to accelerate my fitness is just a reminder to me that I am doing something right. Like trading, if it is worth working hard for, it is worth having.

I want to take this opportunity to thank you for your support and for allowing me an opportunity to shape your trading skills, as well as sharing my ups and downs in an forever changing profession. I look forward to my return, when I will begin trading live on YouTube, showing you the new trading software, and introduce to you “copy trading”.

I will check in periodically in the next month with pictures from “over there”, but otherwise I will leave you in peace. Until we meet again, either here or on my tour, stay strong, and stay healthy.

Kindest regards

Tom Hougaard ❤️

ALERT

I have been stopped out of my Dollar Yen a day or so ago.

Minus 65 on a 50% trade.

Status coming.

📕
STATUS & COMMENTARY 10th May 2024


COMMENT
I spent most of my morning in a government office. That was a fantastic training for my patience. I admit I did google “can I rent a bulldozer for an hour” while I was in there. I was contemplating demolishing said building, on account of doing mankind a favour.

I was long Dow on a BUY BELOW PRIOR BAR LOW, but I had to go to a 1min chart to get a suitable entry perspective. I held trade right until Prelim UoM Consumer Sentiment. I had researched the last 14 news releases of the UoM, and I concluded that I needed to be short below the break of the last 10min chart.

I was stopped for zero on my first trade and I was taken short, which I closed for plus 36.

That concluded my trading for the day.

RESULT TODAY

DOW PLUS = 36 = PLUS £3,600

HOLIDAY
I will soon publish my holiday schedule. This channel will close from 17th May until 16th June. I am closing while I am on “tour” in North America for my new speech.
https://t.me/c/1238535538/60002

SPEECH "BEHAVIOUR & STATISTICS"
Much of what I do as a trader is based around statistics and repetition. On this “tour”, which is 4 cities in America and Canada, I will talk about my setups and of course reveal material you have not been subjected to.
Event link: https://www.eventbrite.com/o/tom-hougaard-46097921353
There are about 15 tickets left in each venue. These are small events with no more than 50 people.

WOMEN ONLY
I am doing a 2-day workshop together with two other traders in Las Vegas on FX trading. It is a “Women Only” event, partially organised by Amanda from the Forex For Women Network.

There are 3 tickets left. This is a small event of around 45 people.

https://tradertom.com/swing-trading-the-fx-marketsexclusive-to-the-forex-for-women-network/

See you Monday. I will trade as normal from Monday to Thursday. Then I will close this channel and the Swing Channel for a month.

Have a lovely weekend.

Tom

STATUS REPORT

I am cancelling all open orders.

I am.running usd jpy

Have a lovely weekend

Tom

📊


*
STATUS 9th May 2024 (status for May only)


COMMENTS
I am on a tour around America and Canada from the 17th of May 2024. This channel will be inactive in this period.

WARNING ABOUT TELEGRAM ADVERTS
https://t.me/SwingTradingTraderTom/4071


PERFORMANCE 2024
Status January = https://t.me/SwingTradingTraderTom/3717
Status February = https://t.me/SwingTradingTraderTom/3896
Status March = https://t.me/SwingTradingTraderTom/4056
Status April = https://t.me/SwingTradingTraderTom/4158


OPEN TRADES
USD JPY = https://t.me/SwingTradingTraderTom/4167


OPEN ORDERS
EUR USD = https://t.me/SwingTradingTraderTom/4165
GBP USD = https://t.me/SwingTradingTraderTom/4169
GBP JPY = https://t.me/SwingTradingTraderTom/4172
AUD USD = https://t.me/SwingTradingTraderTom/4174


CLOSED TRADES
USD CAD = https://t.me/SwingTradingTraderTom/4157 = MINUS 35
AUD USD = https://t.me/SwingTradingTraderTom/4155 = MINUS 36
USD CHF = https://t.me/SwingTradingTraderTom/4161 = MINUS 25

⚠️⚠️

NEW ENTRY ORDER = AUD USD (currently trading at 0.6577)

BUY ORDER AT 0.6520
STOP =0.6495

TAKE PROFITS = Not set

STAKE SIZE = 100%

REASON: TREND Trade, Entry - Horizontal & Daily moving averages

https://tradertom.com/disclaimer

⚠️⚠️

NEW ENTRY ORDER = GBP JPY (currently trading at 194.80)

BUY ORDER AT 192.90
STOP =192.35

TAKE PROFITS = Not set

STAKE SIZE = 50%

REASON: TREND Trade, Entry- Daily horizontal.

https://tradertom.com/disclaimer

ALERT

FILLED IN USD JPY

https://t.me/SwingTradingTraderTom/4167

⚠️⚠️

NEW ENTRY ORDER = GBP USD (currently trading at 1.2489)

BUY ORDER AT 1.2425.
STOP = 1.2365

TAKE PROFITS = Not set

STAKE SIZE = 50%

REASON: The GBP USD is zig-zagging, being thrown around on the “rates up/rates down” rhetoric. I am placing a buy order below prior bar lows, which happens to be a daily horizontal support area and a fib retracement.

https://tradertom.com/disclaimer

⚠️⚠️

NEW ENTRY ORDER = USD JPY (currently trading at 154.56)

SELL SHORT ORDER AT 155.80.
STOP = 156.45.

TAKE PROFITS = Not set

STAKE SIZE = 50%

REASON: The Yen pairs is an explosive keg. I am willing to place short order in this area, but my stake size is smaller. This could be a counter-trend trade, by a previous support area/resistance, and a daily horizontal area.

https://tradertom.com/disclaimer

⚠️⚠️

NEW ENTRY ORDER = EUR USD (currently trading at 1.0770)

Buy ORDER AT 1.0690.
STOP = 1.0620

TAKE PROFITS = Not set

STAKE SIZE = 50%

REASON: This is a Fibonacci area, potentially an anti-trend, but re-test of consolidation zone, with horizontal support and a multi-fib support area.

https://tradertom.com/disclaimer

ORLANDO – LAS VEGAS – VANCOUVER - TORONTO

Tom Hougaard:
BEHAVIOUR & SETUPS OF A MASTER TRADER

This is the last weekend of the “early bird” price. From Monday the price will increase by 150%.

It will be fantastic to see those who have signed up, and they will be treated to great material, which will boost their confidence and their arsenal of tools for trading stock indices.

The cost is just $149, but I will raise the price to $349 on Monday.

https://www.eventbrite.com/o/tom-hougaard-46097921353

ALERT

I have been stopped out of USD CHF and AUD USD

MINUS 26 and MINUS 36

STATUS

Apologies for my absence. When you are a parent, and they are snotty and full of cold, being a trader can be a challenge :))

MY USD CAD TRADE STOPPED OUT FOR MINUS 35

My AUD USD ORDER IS FILLED https://t.me/SwingTradingTraderTom/4155

I have a USD CHF ORDER THAT I forgot to post. I bought at 0.9070. It is currently at 0.9073. My stop loss is 0.9045.

I will provide update after close tonight.