Trade of the Week: EUR/JPY H1: 8-10 April: +5% Profit (+250 pips)
For more details, click "Examples of Trade" in the menu
On the 8th, 17.00 (GMT+1), we have a nice setup with a double break H1/H4, this is also a cross of the H4 ewave zero line. The stop loss is, above the H1 box, at 50 pips. The price drops and then we have a pull back but it never goes above the red line, the price, then moves slowly but surely, we exit few hours before the closure of the week for +250 pips (+5% profit).
For more details, click "Examples of Trade" in the menu
On the 8th, 17.00 (GMT+1), we have a nice setup with a double break H1/H4, this is also a cross of the H4 ewave zero line. The stop loss is, above the H1 box, at 50 pips. The price drops and then we have a pull back but it never goes above the red line, the price, then moves slowly but surely, we exit few hours before the closure of the week for +250 pips (+5% profit).
I simply love trading on EUR/JPY, it’s seriously beneficial especially to do with the low spread that I have to pay with OctaFX broker, it’s just 0.1 pips for all major pairs including this and things are not stooping here, but they also offer epic rebate program that gives 50% back on all trading orders which is including the losing trades too, so that’s why it’s ever so useful and really boost up my performance in really big way to make me comfortable.
ReplyDelete