moneymaking
Long

DXY: 2618 trade setup on 4 hr!!

INDEX:DXY   U.S. Dollar Index
Hello Traders,

Here we got yet another 2618 trade setup that has just completed. RSI is also reaching oversold level. The major trend remains bullish . We also had a 2618 trade setup on USDCHF             as well, look into the previous posts. See the chart for more details. Thank you for your time.

Trade smart and Good Luck !!
moneymaking
2 years ago
Sorry, forgot to put the Stop loss in the chart. Have a look here:
snapshot


Thank You :)
+1 Reply
Technician TOP
2 years ago
Hello my friend, a lot of ppl are publishing 2618 pattern, I wonder where did you get that pattern from?
+1 Reply
mkdeep04 Technician
2 years ago
http://forums.babypips.com/newbie-island/46076-2618-trade.html i found this... might help
Reply
Technician TOP mkdeep04
2 years ago
I haven't found this in any reputable or reliable resource of technical analysis. So i think guys you should know what take and leave from the internet, from whom to take info that you will risk your money on.
Reply
Casey_Yeo Technician
2 years ago
Jason Stapleton taught this pattern. You may search in youtube. havent backtested that though.
Reply
Technician TOP Casey_Yeo
2 years ago
mmm... Jason stapelton....
Reply
Casey_Yeo Technician
2 years ago
mmm...lol
Reply
Technician TOP Casey_Yeo
2 years ago
I hope i can say something, but honestly... mmmmm...
Reply
Technician TOP Casey_Yeo
2 years ago
Thanks anyway
Reply
moneymaking Technician
2 years ago
Oh hey Technician. As Casey mentioned below, it's a strategy made by the trade empowered institute. Jason Stapelton is a technical trader that introduced this technique. He even posted a full 2 and half hour video describing and showing it on the charts. Here's the link, if you are interested: https://tradeempowered.leadpages.net/2618-training-video/

Enjoy :)
+1 Reply
Casey_Yeo moneymaking
2 years ago
Have you backtested and forward tested this?
+1 Reply
moneymaking Casey_Yeo
2 years ago
Hey Casey, I have not back tested it yet But since I use 4 hr charts, it does seems to provide profitable opportunities, if it is applied in the correct way. Risk and reward with this strategy is pretty good as well :)
+1 Reply
Technician TOP moneymaking
2 years ago
Nope thanks , I am fine :)
Reply
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