Trade of the Week: EUR/USD H1: 29-30 April: +6.5% Profit (+205 pips)
For more details, click "Examples of Trade" in the menu
Another classical campaign, it is wave 3 up on H4 so we are looking for setups long on H1, the first one is on the 28th at Francfort open (9 am) it is a loss, the 2nd one, also at Francfort open the next day with an initial stop loss at 25 pips; then wa have a third entry few hours later, we are on inversting mode so the stop loss is 50 pips maximum. The price goes up and we exit the next day, the 30th while the price breaks the fractal box down for +205 pips with both entries and nearly +7% profit.
For more details, click "Examples of Trade" in the menu
Another classical campaign, it is wave 3 up on H4 so we are looking for setups long on H1, the first one is on the 28th at Francfort open (9 am) it is a loss, the 2nd one, also at Francfort open the next day with an initial stop loss at 25 pips; then wa have a third entry few hours later, we are on inversting mode so the stop loss is 50 pips maximum. The price goes up and we exit the next day, the 30th while the price breaks the fractal box down for +205 pips with both entries and nearly +7% profit.
In my view trading through proper way and strategy is absolutely necessary, if we do that well then we will always be able to gain massive rewards. It helps so much with blog like this with daily analysis and updates, I always love doing long term trading and it helps me a lot to do it through OctaFX broker with their swap free account, it makes trading so much easier especially with not having to worry about paying overnight charges.
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