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Jason_Stapleton
Oct 30, 2015 1:20 AM

2.618 Trade setting up on GBPUSD Long

British Pound/U.S. DollarFXCM

Description

Ok TradingView Crew, here is a nice 2.618 trade setting up on GBPUSD and before you start asking me a bunch of questions make sure you've watched the training on this trade. I lay out all the rules and it's totally free. tradeempowered.leadpages.net/2618tradingstrategy/
Comments
bgreen.c
Hey Jason, the syndicate rocks! Thank you guys for everything!! Up at 530 PST every morning with you. Keep up the great work! -Brandon

ong.w.sukmaha
So we miss this 2618? or is it still can use?
B120626
30 minutes until London closes. Short Term Traders should start selling here to lock in profits after today's large up move.
B120626
yes look at that huge volume come in at 11:55 am ny time. selling climax
B120626
well spank me and change my diaper! taking some red heat on this short, and learning lessons from the video that would have kept me out until it becomes a true double top and retraces.
pyramids_Forex
Hey Jason
Is that 2.618 ?
TheAlcoveFx
He has the rules laid out in a free training. But yes, a Double bottom/top with a break of structure and a pull back into the 61.8 retracment is a 2618 set up.just make sure to have backtested the strategy yourself and make sure its part of your plan before you throw any real money at it :D
Jason_Stapleton
No, the market made a .382 retracement shortly after breaking structure and then rallied. That negates the trade.
TheAlcoveFx
oh.. didnt know that. Thanks for clarifying jason.
TheAlcoveFx
LOL I like the disclaimer ! I'm waiting on the cypher at 1.5350
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