GBPJPY H1 – 14/January/2015 +160 pips

GBPJPY H1 – 14/January/2015 +160 pips

14 January 2015, 23:05
Leonardo Barata
0
162

 

1. Background was weak at the time of entry

2. Enter in a low volume up bar near a down trendline

3. Exited on the trailing stop. There was a minor signal (the first dot), but I wait for 2 of those to exit. Later there were strong demand signals which provided exit opportunities, with the market reversing right after it. 

Analytical Trader 

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