In October we grew Blackwave Pacific by 6.85% and Blackwave California by 3.75% respectively. This puts us on target for 40% (Pacific) and 25% (California) growth in 2024. Please see the video embedded. Enjoy!
In my trading, I use MT4 accounts, but I’ll keep this discussion as broadly applicable as possible. If you’re familiar with MT4, this should be intuitive. The Typical AdviceMost trading courses emphasise: never average down. The reasoning? If your initial…
We’re almost at a 7% gain for the month as I’ve just closed our AUD/NZD position. This move pushes us closer to another profitable month
The Blackwave Strategy is built on a foundation of discipline, precision, and controlled risk. Central to this approach is a focus on major and minor forex pairs, steering clear of exotic currencies. But why does this matter, and how does it support long-term trading success?
For traders seeking consistent returns with lower risk, the Blackwave California forex account presents an ideal solution. Operating since April 2016, this strategy mirrors the original Blackwave approach but with smaller position sizes, ensuring reduced risk exposure while maintaining steady profits.
Blackwave In September we officially did not grow the account however those trades carried over into the first week of October creating a 6.06% gain for our funds. Delighted to now be at 33.92% with still eleven weeks to go in…
In this post, we’ll delve into the use of hedging to enhance a counter-trend grid trading system, explaining how it works, how it differs from conventional stop-loss strategies, and why it can be particularly useful in volatile forex markets.
In this post, we’ll dive into how grid trading works without stop-losses, why hedging is a superior risk management tool in volatile markets, and how you can maximize profits from market reversals using my specific approach of hedging up to 20% of positions initially, and up to 80% in a 25% drawdown scenario.
In this article, we’ll explore how grid trading works, why it’s effective for capturing counter-trend swings, and how my customized approach—which uses a grid of up to ten small positions and a strategic hedging mechanism—manages risk while waiting for market reversals.
In the forex market, trading with the trend is often preached as a cornerstone of success. However, for experienced traders, counter-trend swing trading offers a unique and powerful alternative. Rather than following the primary market direction, counter-trend swing trading focuses…
