Trade of the week: Good +120 pip profit (+4%) trade on USD/CAD H1 on 3-5 November 2014
For more details, click "Examples of Trade" in the menu
On H4, its an uptrend with alligator open, we had a first break of the fractal box on H1 and after a retrace we take this second break. The price flies and is always above the red line, we exit when the candle crosses the green line after the 3rd divergence (not before as the H4 ewave was still close to the zero line and was peaking)
For more details, click "Examples of Trade" in the menu
On H4, its an uptrend with alligator open, we had a first break of the fractal box on H1 and after a retrace we take this second break. The price flies and is always above the red line, we exit when the candle crosses the green line after the 3rd divergence (not before as the H4 ewave was still close to the zero line and was peaking)
I am really amazed at the accuracy level of this strategy; I believe it can be so good if we follow stuff like these. I love to try these types of strategies on demo to make it even better; it’s really a pleasure to be with this blog to learn such amazing ways to trade while I also get advantage with OctaFX broker due to their amazing conditions especially tiny spread from just 0.2 pips, high leverage up to 1.500 and much more!
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