***DEMONSTRATION*** Description in picture. Was a down trend, till break of rules, now going up trend. Down trend = Lower Highs, Lower Lows. Up-Trend = Higher Highs, Higher Lows. -- Just like any strategy out there, this can fail of course. But when it does fail you should only be losing -5pips and when you win, you can build up a whole days worth of a...
USDJPY Broke the wedge as we discussed in the intra day chat channel. Take care anything can happen right at this moment. Send me private message for live updates.
Be careful this week. I want to see this Wedge play out before I start my MAJOR position Build up again.
***Demonstrations only*** As you can see, beak of purple line = Break of the rules. "Lower lows, lower highs" broke the high. This is what I look for. The top purple line, is break of the 4Hourly down trend. Then I am out.
Long till .854 Then short back to re-test the .80 level.
Long till break of Flag or splash into the blue river of death.
The most simple trading style you can ever see. Set entry orders and stops. ---> Go to the pub You can play all side of the blue square. Short, long short long short. As long as you are accepting profit at the right points and then swapping your bet the opposite direction then accepting profit and going hard with the bigger trend direction again. in this...