{"id":217654,"date":"2021-06-03T17:38:17","date_gmt":"2021-06-03T16:38:17","guid":{"rendered":"https:\/\/www.forexmentorpro.com\/blog\/?p=217654"},"modified":"2021-06-03T17:40:59","modified_gmt":"2021-06-03T16:40:59","slug":"live-fx-crypto-update-focus-on-stops","status":"publish","type":"post","link":"https:\/\/www.forexmentorpro.com\/blog\/live-fx-crypto-update-focus-on-stops\/","title":{"rendered":"Live: Fx &#038; Crypto Update + Focus on Stops"},"content":{"rendered":"<p>Hi, as ever we looked at potential trades for those using all of our methods and a brief update as to my views on crypto.<\/p>\n<p>Is it finished or still got further to go?<\/p>\n<p>Here is a link to a detailed piece of research from Goldman Sachs. That would be the same firm that 12 months ago was still saying that crypto is a joke. kinda changed their tune \ud83d\ude42<\/p>\n<p>Along with all the other big companies that have come into the space as per my webinar last year where I showed how they are all &#8220;flip-flopping.&#8221; Even when everything was pulling back in recent weeks, the big companies were still queuing up to be accredited by US regulators to offer crypto.<\/p>\n<p>Elon Musk has also changed his tune somewhat and may even turn out to be &#8220;Bitcoins Superman Saviour&#8221;&#8230;. was that his plan all along?<\/p>\n<p><a href=\"https:\/\/www.goldmansachs.com\/insights\/pages\/crypto-a-new-asset-class-f\/report.pdf\" target=\"_blank\" rel=\"noopener\">https:\/\/www.goldmansachs.com\/insights\/pages\/crypto-a-new-asset-class-f\/report.pdf<\/a><\/p>\n<p>in todays live session we focused on where to place stops and calculate the viability (risk versus reward) of a potential trade setup. You should all be able to spot a potential entry point BUT the placement of stops is equally, if not more, important.<\/p>\n<p><strong>Update:<\/strong> during the session, I showed an excellent range trade setup on the GBP\/CHF. This was pointed out to me by one of my private students, Thinus. It had great risk-reward potential and a strong place for the stop. I just banked 100 pips on 80% of it from a 30 pip risk and have left the balance to run. All explained in this short video update:<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"uzQFN8ewaZ\"><p><a href=\"https:\/\/www.forexmentorpro.com\/blog\/member-thinus-great-call-on-gbp-chf\/\">Member Thinus Great Call on Gbp\/Chf<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Member Thinus Great Call on Gbp\/Chf&#8221; &#8212; Forex Mentor Pro - Blog\" src=\"https:\/\/www.forexmentorpro.com\/blog\/member-thinus-great-call-on-gbp-chf\/embed\/#?secret=uzQFN8ewaZ\" data-secret=\"uzQFN8ewaZ\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>This is a recording of the live session including a detailed explanation of my planning for the GBP\/CHF. You can see my thought process before the event and why it was such a good setup :<\/p>\n<p>&nbsp;<\/p>\n<p><iframe src=\"https:\/\/player.vimeo.com\/video\/557576743\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p style=\"text-align: center;\"><strong>If you would like to learn how to trade like a professional check out our 5* rated forex mentor program, RISK FREE; by clicking on the \u201cGet Started Today\u201d Button below<\/strong><\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/www.forexmentorpro.com\/blog\/mw-post\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" src=\"https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2017\/01\/728x90-.jpg \" width=\"728\" height=\"90\" alt=\"\" title=\"\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hi, as ever we looked at potential trades for those using all of our methods and a brief update as to my views on crypto. Is it finished or still got further to go? Here is a link to a detailed piece of research from Goldman Sachs. That would be the same firm that 12 [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":215991,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","rank_math_lock_modified_date":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-217654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex-articles"],"_links":{"self":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/217654"}],"collection":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/comments?post=217654"}],"version-history":[{"count":0,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/217654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media\/215991"}],"wp:attachment":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media?parent=217654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/categories?post=217654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/tags?post=217654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}