Trade of the Week: USD/JPY H1: 20-21 August: +5% Profit (+191 pips)
For more details and examples of trade, click "Examples of Trade" in the menu
On the 20th at the end of the european sessions, we have a second entry after a first break and a pullback. This break would be a double break with an initial stop loss above the box at 35 pips. On H4, the alligator is opening. We take the double break and the price falls, we exit the next day before the closure of the week for +191 pips, +5% profit. For the traders who let the trade runs over the weekend, this is the jackpot: A +15%-20% profit trade due to the fall of the asiatic markets!
For more details and examples of trade, click "Examples of Trade" in the menu
On the 20th at the end of the european sessions, we have a second entry after a first break and a pullback. This break would be a double break with an initial stop loss above the box at 35 pips. On H4, the alligator is opening. We take the double break and the price falls, we exit the next day before the closure of the week for +191 pips, +5% profit. For the traders who let the trade runs over the weekend, this is the jackpot: A +15%-20% profit trade due to the fall of the asiatic markets!
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