Thursday, September 15, 2016

Trade of the week : USD/JPY H1: 6-7 of September: +4.5% (+145 pips)


For more details and examples of trade, click "Examples of Trade" in the menu

On the 6th, on H4, we have a divergence of the wave up and the ewave is crossing the zero line, on H1, we have a double level H1/H4, the overall trend on daily is down. We place a PO below the H1/H4 box and the PO is triggered with the news.The price drops quickly and we exit the next when the price breaks the upper level of the box for +145 pips, +4.5% profit trade. An excellent trade based mainly on the daily chart trend and analysis.


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