FX:GBPAUD   British Pound / Australian Dollar
305 9 24
When you have a regular trend and you are not in you can scalp it for pips
Take the Bollinger band and draw the extension of last move, when the wicks is outside de BB on extension take your trade, the take profit and wait. You can also do that on buy system if you prerfer it will depend if you are more easy on short or on buy
RR is between 4.5 - 6.2 /1
Take care

Trade your plan - if you dont have any, avoid to trade - stay safe

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Comment: ANY COMMENTS ??
Good, shame the stop was too tight on the last.
BLUE43 TOP IvanLabrie
its for the RR calculation i dont use stop on this type of trend cause i know the next extension and can reshort and make BE in case of
+1 Reply
Ah, I see. Then you risk half and just add on the next level?
BLUE43 TOP IvanLabrie
yes cause i see the divergence on extension on constant trend and im confortable with my money management, but that dont happen so much cause i have good calculation on extension price :_)
As long as it's contemplated before hand and manageable, it's cool. ;)
BLUE43 TOP IvanLabrie
look the rsi is going flat at the end there will be a reversal no risk
I really don't know how do you predict, with Fourier transform, you like a prophet!
this is so hard for me,thanks for you share!
You are the best!
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