Nice…I spotted this a while back when it broke strong resistance at 1.6440, but I didn’t take it. I’m not good with cross pairs yet, so I’m in watch mode. Wish I took it like you!
I have taken this trade. put on limit order @ 50% of weekly PB.this is a bullish PB on support, hopefully trade go in my favour, if not my SL will take care of it.
i spotted the Pb yesterday and good that its being retested. this PB is @ support and usually have a good rate of succes, so I took the trade, when I saw it now it was going in my direction. also now i moved the SL to BE,
in my usdchf trade, its moving slowly, however I moved SL in that trade to mere 9 pips. if it turned against me , I will loose 9 pips. so fa so good.NZDJPY chart is here.
first chart has been reloaded wrongly.
i got stopped out on both of previous trades @ BE. those are the trades which didn’t work out. I still keep an eye on them.
put another trade, this time with the trend on the basis of Pb.there is no guarantee but the trades with the trend are usually successful.
hi every one, come back after a long time , this time with different and simple strategy.
I have a one chart to show. I put this trade recently using S/R and candles pattern on 8 hours chart. my entry is self explanatory.
another trade nzdusd which was taken by using support and resistance levels, my stop loss is on break even now.
