Check out this brief overview of the triple play strategy that netted over 300 pips from a simple analysis on the 1H chart for AUDUSD. This particular strategy emphasizes Low-Risk/High Reward approach by using multiple confirmations to trade confidently.
Ratio: 3:1
Result: +320 pips
To learn more on the triple play strategy:
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This video explains how I used the double top formation and a bearish wedge to identify a breakout sell on AUDUSD. My personal trading preference is to get in and out of trades within a few hours. With so much volatility in the market today; I tend to trade within ONE session. Lately, I've been liking the movement of the Tokyo Session because price movement is not...