Forex Trading Strategy 107 ~ forex trading vs penny stocks
Trade of the Week: GBP/USD H1: 2 - 7 January: +19.5% Profit (+390 pips)
For more details, click "Examples of Trade" in the menu
A monster campaign on Cable: It starts on the first day of the year of trading at Francfort Open: On H4, the ewave is about to cross the zero line and the alligator is sleeping, the price broke the level but did not go. On H1, we have 6 candles with the same low and a very tight box! We put a pending order below those 6 candles and the price drops, the price makes 200 pips and we let it run (you could exit before the end of the session for +10% profit), we exit for +290 pips the 5th of January, that was our first entry. 2nd entry the 6th of January also at FO, the price has retraced and we have a very tight box, we take the break and the price drops again, we exit the 7th while the price broke the opposide side of the fractal box. We have +14.5% profit for the first entry (+290 pips) and +5% profit for the seconde entry (+100 pips)! What an amazing way to start the year!
For more details, click "Examples of Trade" in the menu
A monster campaign on Cable: It starts on the first day of the year of trading at Francfort Open: On H4, the ewave is about to cross the zero line and the alligator is sleeping, the price broke the level but did not go. On H1, we have 6 candles with the same low and a very tight box! We put a pending order below those 6 candles and the price drops, the price makes 200 pips and we let it run (you could exit before the end of the session for +10% profit), we exit for +290 pips the 5th of January, that was our first entry. 2nd entry the 6th of January also at FO, the price has retraced and we have a very tight box, we take the break and the price drops again, we exit the 7th while the price broke the opposide side of the fractal box. We have +14.5% profit for the first entry (+290 pips) and +5% profit for the seconde entry (+100 pips)! What an amazing way to start the year!
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