CHFJPY M30 – Trading the trendline +166 Pips

CHFJPY M30 – Trading the trendline +166 Pips

11 March 2015, 03:03
Leonardo Barata
2
191

 

1. Weak background, signaling a previous downtrend and weak prospect before the trade

2. When prices are near the down trendline, short in a test-like bar (http://analyticalvsa.com/entry-bars/4587792396)

3. Exit on a strong signal. On the previous blue signal was also possible. Since the market just went down on a widespread, I waited for another strong signal to exit. Sums up to +166 pips 

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