GBPJPY Rising Wedge Sell 2.15 pip move
Setup : Place trade only if price action breaks out of the bottom of the rising wedge at 152.30 area
Calculation of rising wedge high 152.623 minus low 150.471 = 2.15 pip move down to area 150.14
152.291 break out area minus 2.15 = 150.14 area
These are the videos i learned on how to trade forex
This is a video on how to place stop out and limits on trading wedges
http://www.informedtrades.com/3355-falling-rising-wedge-trading-strategies.html
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Setup : Place trade only if price action breaks out of the bottom of the rising wedge at 152.30 area
Calculation of rising wedge high 152.623 minus low 150.471 = 2.15 pip move down to area 150.14
152.291 break out area minus 2.15 = 150.14 area
These are the videos i learned on how to trade forex
This is a video on how to place stop out and limits on trading wedges
http://www.informedtrades.com/3355-falling-rising-wedge-trading-strategies.html
Place a comment: )
I accept tips for my advice at my blog or Bitcoin wallet 1HgbYqeaAHftzCWTEfejFt7mPST7CwXZRK
Tips are not neccesary to use my FX advice...my advice is free
exploration
Chart closed... price action has stoped me out of this trade. 25 pips profit only
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exploration
GBP/JPY A chart i am watch on price movement
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exploration
GBP/JPY Price action hit S1 151.75 from the pivot of 152.20 + 45 pip
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exploration
I reopened the chart for more move down for next week
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exploration
I closed this chart with +25 pips profit ...price action was slow to move plus its Friday end of the trading week
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exploration
GBPJPY Rising Wedge Breakout in progress
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exploration
GBPJPY This is a chart i am looking at "To sell at the 100 EMA on this Chart estimation"
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