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HyperJesus
Jun 16, 2017 10:01 AM

Trendfollowing Trade Short

British Pound/Swiss FrancFXCM

Description

Remember?
=>"The Trend Is Your Friend!"

So I have a great trend-following setup right here.

We have a MDRP Down (=Momentum Discrepancy Reversal Point) Confirmation on the RSI. Which means: New higher high on RSI but lower high at the market. This is our strong signal that the new downrally started!

Trade closed: target reached

First Target reached! Put Stop to breakeven
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