EURGBP - Nice 190 pips - TRADING WITH WEIS WAVE WITH SPEED INDEX

EURGBP - Nice 190 pips - TRADING WITH WEIS WAVE WITH SPEED INDEX

13 December 2019, 09:40
Panagiotis Diamantopoulos
2
719

Setup 1Hour Chart

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

 Why EURGBP  Bounced on 4HR Fib: because of  Brexit News ????? It is because SmartMoney was positioned for a Stronger GBP or because they knew the outcome of the news before us. Who Cares !!! As long as they tell us , and they do tell us if you know how to read the chart. 

This is how this was visible in front of my eyes before the move happened and I could not resist. My orders are visible on chart !!!

1. Fib Area coming from the 4HR chart

2. Look at this High Volume Wave but without the Pip Wave move. It is not obvious from the Speed Index 

3. Where are the high volume bars? At the top! Look at individual volume Bars increasing as we approach the FIB.  

How did  I know that this up volume wave was hard time to  move up and not their first push up since we are at the bottom? Well, from point 3. increasing volume as we are going up not at the bottom.

LEARN TO READ THE CHARTS - with these indis the charts speak to you !!! 

Enjoy! I hope some of you people got this move.



 

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