I would like to show you new examples of trades based on Simplicity Trading Strategy
. Daily chart
gives us good opportunity for trading based on 1H time frame. ADX
is above 20 and confirms trend market conditions. MACD
falls and confirms down movement. Based on 1H chart we can open only short trades. We had range market conditions during several days where we could not trade. But when the market conditions changed into trend, we got 4 entry levels. The results are following: 2 trades were closed by take-profit orders, 1 trade still open and gives profit and 1 trade was closed by stop order. R/R ratio 1:3 allows make good profit in spite of false signals.