GbpUsd BBMA riding the wave Short

British Pound/U.S. DollarFXCM

Description

⋅ Oct 26, 2018 4:20 AM

H4 Candlestick momentum showing that the price is strong for short

lets ride the wave with good risk reward ration.

wait for the price to enter MAHIGH and enter a short position with SL is slightly higher @ major resistance line

Comment

⋅ Nov 16, 2018 8:17 AM

WINNING ANALYSIS

1-0

Comments

MohdFahmy

⋅ Nov 2, 2018 7:43 AM

are u trading with BBMA indicator alone?

najmifikri

⋅ Nov 5, 2018 4:38 AM

@MohdFahmy,

1. BBMA BASIC by oma ally
2. Support and resistance to ensure entry and exit point and also to determine point of retracement (this could help in identifying Reentry point hence the BBMA code RRE, not to mention, it could also help in determine MHV)
3. Custom Fibo. this custom fibo works well with bbma as the fibo are pulled from mhv to Csak. this can measure tp1 / tp2 and tp3 + expected EXT possibility @ both of the TP area