Hey Traders, Here is a prime example of why I have some tools to help me OPEN positions, and others to help me CLOSE them. As we can see our continuation trade in GBPJPY has gone very well, smashing through target 1. (Check my other ideas for the original trade). We are approaching T2. Now for me, T2 is not a rigid target like T1 is, if I believe momentum is...
Entering on a bullish MACD cross while ABOVE zero-line , signaling bullish continuation. Note that I use MACD ONLY for continuation and do not attempt to find reversals using the MACD as I do not find it to be very accurate in FX Trade is on the daily timeframe and has a 1 ATR stoploss (148 pips), 1ATR target 1 where I take 50% of my position off and move...