Jumat, 15 April 2016

Forex Trading Strategy 62 ~ forex trading tools


Trade of the Week:  EUR/USD H1:  29-30 April: +6.5% Profit (+205 pips)


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Another classical campaign, it is wave 3 up on H4 so we are looking for setups long on H1, the first one is on the 28th at Francfort open (9 am)  it is a loss, the 2nd one, also at Francfort open the next day with an initial stop loss at 25 pips; then wa have a third entry few hours later, we are on inversting mode so the stop loss is 50 pips maximum. The price goes up and we exit the next day, the 30th while the price breaks the fractal box down for +205 pips with both entries and nearly +7% profit.



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