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AlexandreFXKG
Jul 27, 2018 7:21 PM

GBP/JPY nice EP gave us a trade 

British Pound/Japanese YenFXCM

Description

Here is a perfect example of a classic CD-X Pitchfork giving us a bounce of the lower parallel (LP) in combination with an INS (daily support&resistance) line, thus creating an energy point (EP) and increasing probabilities.

The S/L (red diagonal line) as you can see gets smaller and smaller the more price moves on, one of many advantages of this strategy, and is set so we risk 1% in 5pips. Price immediately (0 drawdown) took off for 33pips after that bounce. If excited at the top this could have given you a 6% return on account in a very short time.

The power of precise execution and patience:)

This post (comment) is for educational purposes only. Past trading results DO NOT guarantee future performance.
Comments
drilyas
can you explain how it works.i am interested
BorislavGotsev
i am interested sir !
AlexandreFXKG
@BorislavGotsev, very well:) keep following and spread the word, i will organise a video call as soon as i have a couple of interested people and start explaining step by step how the technique works:)
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