VSA_Alex_

#NZDJPY #long after #professionalbuying and a test #VSALite

Long
VSA_Alex_ Updated   
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen


NZDJPY long after professional buying and a test VSALite

Trade strategy using the Tradeguider VSA Lite software. Papertrade on Tradingview, placing the trade with real money on Activtrades (FX Markets).

Checklist:
• Signal of professional buying at 06/10 14:00
• Successful test at 06/10 19:30
• 4 consecutive short term indicator green bars
• Entry on a bar that closed on it’s high
• No previous price action at this level for a few days
• A background of strength

Management of the trade in accordance with my trading plan on 15 mins
Comment:
stop trailed to around the entry, behind a high volume 15 min bar

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