#GBPJPY #long after #professionalbuying and a test #VSALite
Updated
GBPJPY after professional buying and a successful test VSALite
Trade strategy using the Tradeguider VSA Lite software. Papertrade on Tradingview, placing the trade with real money on Activtrades (FX Markets).
Checklist:
• Signal of professional buying at 01/10 14:00
• Successful test at 04/10 18:00
• 4 consecutive short term indicator green bars
• Entry on a bar that closed on it’s high
• No previous price action at this level for a few days
• A background of strength
Management of the trade in accordance with my trading plan on 15 mins
Note
Stop moved to almost the entry point after volume on the 15 minNote
stop loss moved up to 151.35Note
stop trailed to 151. 79Note
Stopped out of trade for a gain
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