Description
⋅ Trade the breakout (long) of the range
-Candle (4h) must close above ma20
-Only trade if breakout above the range is confirmed
The EUR/USD crossrate has a remarkable seasonal tendency to establish an annual low or high in the month of January (76%; 1971-2016).
Avrg, gain in the up years fromJanuary lows 20.5%
Avrg. decline in the down years from the January highs was 15.6%
Comment
⋅ Opened 1,04929
Comment
⋅ Comment
⋅ Below you will find the Daily ATR in %
DAILY SL avrg.
ATR 5 Days 20 DAYS 60 DAYS 250 DAYS 3 YEARS 5 YEARS
1,1846% 1,0222% 0,9578% 0,8648% 0,8826% 0,8307%
Comment
⋅ 1st Target reached. Booked some profits. For the rest SL is set to break even