Trade of the week: EUR/USD H1 on the 13-15th November : +15.5% (+292 pips)
For more details and examples of trade, click "Examples of Trade" in the menu
On Monday morning, on D1, the chart is not great with a price inside the alligator, but this is overall an uptrend chart. On H1, the price is above the alligator with the alligator lines starting to open up. On H1, we have a sleeping alligator, and the ewave is crossing the zero line, we put a PO which is trigerred at 3pm (the initial SL, below the box is at 23 pips). The price does not go but never closed below the green line and we are able to move up our SL below the new fractal boxes up to the entry point before Francfort Open on the 14th. At that time, we have a perfect H1 entry: This is a double entry H1-H4, the ewave on H4 is peaking and we have on a 16 pips initial SL. Our PO above the box is triggered and the price flies. Then it moves up harmoniously, our SLs follow the green line and we exit the next day at 17.00 when the price closes below the green line as we have a BDC and a divergence. Profit for the first entry is +152 pips (+6.6%) and for the second entry, we bank +140 pips (nearly +9% ), with a total of +292 pips and +15.5% profit. A great trade, the first entry did not go so you might have exit but the second entry was unmissible.
For more details and examples of trade, click "Examples of Trade" in the menu
On Monday morning, on D1, the chart is not great with a price inside the alligator, but this is overall an uptrend chart. On H1, the price is above the alligator with the alligator lines starting to open up. On H1, we have a sleeping alligator, and the ewave is crossing the zero line, we put a PO which is trigerred at 3pm (the initial SL, below the box is at 23 pips). The price does not go but never closed below the green line and we are able to move up our SL below the new fractal boxes up to the entry point before Francfort Open on the 14th. At that time, we have a perfect H1 entry: This is a double entry H1-H4, the ewave on H4 is peaking and we have on a 16 pips initial SL. Our PO above the box is triggered and the price flies. Then it moves up harmoniously, our SLs follow the green line and we exit the next day at 17.00 when the price closes below the green line as we have a BDC and a divergence. Profit for the first entry is +152 pips (+6.6%) and for the second entry, we bank +140 pips (nearly +9% ), with a total of +292 pips and +15.5% profit. A great trade, the first entry did not go so you might have exit but the second entry was unmissible.
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