Nice 130 pips on USDCAD - TRADING WITH WEIS WAVE WITH SPEED INDEX

Nice 130 pips on USDCAD - TRADING WITH WEIS WAVE WITH SPEED INDEX

5 December 2019, 23:33
Trade The Volume Waves Single Member P.C.
0
76

Setup 4Hour Chart

Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller)

Read the market properly and forecast the next move - this what happen for on more time - 130 pips move

  1. USDCAD formed a Resistance Level
  2. Read the SIs - The SIs are much higher on the up waves (72, 23.1, 20.3, 29.8, 23.5, 27.3)  than on the down waves.
  3. High Volume up Waves but small pip moves for the respective volumes.

So what do you think is going to happen ? Well - Short.

Therefore I have placed 3 orders (visible on chart) and got a nice 130pips move * 3= 390 pips. Not bad at all !!!!


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