EURJPY COOKING has Finished 130pips -TRADING WITH WEIS WAVE WITH SPEED INDEX

EURJPY COOKING has Finished 130pips -TRADING WITH WEIS WAVE WITH SPEED INDEX

6 May 2020, 17:05
Trade The Volume Waves Single Member P.C.
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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)

Our Story:continuation of previous post "Something is Cooking" https://www.mql5.com/en/blogs/post/736278

1. Weakness High SI of 24.0 that broke support of buyers

2. High SI of 18.4 again

3. Buyers and then Sellers - Sellers won

4. and 5. Hard to move up - volume but no pips

I have entered right after the Fib Break even though very close to Support but it payed out - Orders visisble on chart: 1 st Order closed at Support (40pips) and 2nd Order still running (130pips).

That's the magic of Speed Index.




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