GBPNZD Step 1: define the trend (Daily timeframe) Step 2: Define S/R zones (H4) Step 3: Wait for Brake and retest on either of the zones Step 4 : Check News Step 5 wait for H1 entry confirmation Step 5: Take Fibo to help you define your TP level. I placed mine above 0.3821 and above a previous resistance zone SL should always be putted around 10 pips...
Set alerts for break of Buy or Sell areas and enter on the re-test. Video of mark up explained on my profile.
GBPJPY IS SELL NEJOY THE RIDE THERE IS A FALG PATTERN IN GJ DONT MISS THIS THEORY OF PRICE ACTION
GBPJPY Price Trap - (BUY/SELL) BUY Entry: If price break and closes above alert price, enter on the break or the retest Alert: 149.887 TP1: 150.262 (38 pips) TP2: 150.586 (70 pips) TP3: 151.056 (117 pips) TP4: 151.495 (161 pips) TP5: 151.880 (200 pips) SL: 149.383 (50 pips) If it breaks TP1, or is considerably in profit, move your stop into profit or close in...
GBPNZD Price Trap - (BUY/SELL) BUY Entry: If price break and closes above alert price, enter on the break or the retest Alert: 1.93596 TP1: 1.93941 (35 pips) TP2: 1.94267 (67 pips) TP3: 1.94607 (101 pips) TP4: 1.94928 (133 pips) SL: 1.93097 (50 pips) If it breaks TP1, or is considerably in profit, move your stop into profit or close in profits SELL Entry: If...
NZDJPY Price Trap - (BUY/SELL) BUY Entry: If price break and closes above alert price on the 1hr tf, enter on the break or the retest Alert: 1.49176 TP1: 1.49571 (40 pips) TP2: 1.49908 (73 pips) TP3: 1.50294 (112 pips) TP4: 1.50590 (142 pips) SL: 1.48470 (30 pips) If it breaks TP1, or is considerably in profit, move your stop into profit or close in...
AUDCAD Price Trap - (BUY/SELL) BUY Entry: If price break and closes above alert price on the 1hr tf, enter on the break or the retest Alert: 0.98837 TP1: 0.99106 (27 pips) TP2: 0.99400 (57 pips) TP3: 0.99631 (80 pips) TP4: 0.99905 (107 pips) SL: 0.98491 (34 pips) If it breaks TP1, or is considerably in profit, move your stop into profit or close in...
NZDJPY Price Trap - (BUY/SELL) BUY Entry: If price break and closes above alert price on the 1hr tf, enter on the break or the retest Alert: 78.531 TP1: 78.692 (16 pips) TP2: 78.936 (40 pips) TP3: 79.200 (67 pips) SL: 78.182 (35 pips) If it breaks TP1, or is considerably in profit, move your stop into profit or close in profits SELL Entry: If price break and...
AUDUSD Price Trap - (BUY/SELL) BUY Entry: If price break and closes above alert price on the 1hr tf, enter on the break or the retest Alert: 0.77853 TP1: 0.78364 (51 pips) TP2: 0.78891 (104 pips) TP3: 0.79487 (163 pips) TP4: 0.80015 (216 pips) SL: 0.77538 (32 pips) If it breaks TP1, or is considerably in profit, move your stop into profit or close in...
NZDJPY Price Trap - (BUY/SELL) BUY Entry: If price break and closes above alert price on the 1hr tf, enter on the break or the retest Alert: 77.770 TP1: 78.065 (29 pips) TP2: 78.521 (75 pips) TP3: 79.200 (143 pips) SL: 77.445 (33 pips) If it breaks TP1, or is considerably in profit, move your stop into profit or close in profits SELL Entry: If price break and...
Did not have time to fully explain this one, but it's just like all the other ones
CHFJPY Price Trap - (BUY/SELL) BUY Entry: If price break and closes above alert price on the 1hr tf, enter on the break or the retest Alert: 117.768 TP1: 117.997 (23 pips) TP2: 118.217 (45 pips) TP3: 118.514 (75 pips) TP4: 118.857 (109 pips) SL: 117.445 (32 pips) If it breaks TP1, or is considerably in profit, move your stop into profit or close in...
GBPJPY Price Trap - (BUY/SELL) BUY Entry: If price break and closes above alert price on the 1hr tf, enter on the break or the retest Alert: 149.061 TP1: 149.315 (25 pips) TP2: 149.679 (61 pips) TP3: 150.023 (94 pips) TP4: 150.368 (130 pips) SL: 148.693 (37 pips) If it breaks TP1, or is considerably in profit, move your stop into profit or close in...
CADJPY Price Trap - (BUY/SELL) BUY Entry: If price break and closes above alert price on the 1hr tf, enter on the break or the retest Alert: 83.828 TP1: 84.012 (19 pips) TP2: 84.195 (37 pips) TP3: 84.366 (54 pips) TP4: 84.525 (70 pips) TP5: 84.706 (88 pips) SL: 83.469 (36 pips) If it breaks TP1, or is considerably in profit, move your stop into profit or close...
EURJPY Price Trap - (BUY/SELL) BUY Entry: If price break and closes above alert price on the 1hr tf, enter on the break or the retest Alert: 128.411 TP1: 128.544 (13 pips) TP2: 128.783 (37 pips) TP3: 129.104 (69 pips) SL: 128.104 (31 pips) If it breaks TP1, or is considerably in profit, move your stop into profit or close in profits SELL Entry: If price break...