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kristianhammond15

TESTING CANDLE WICK THEORY. 4:1 R;R ?

Long
Euro / Canadian Dollar (FX:EURCAD)  
kristianhammond15 Updated   
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Wave Analysis Chart Patterns
3
0
trendanalysis waveanalysis chartpattern
Looking back at previous wicks a spike up or down has led to bigger spike in opposite direction. Stop placed 5 pips below bottom of wick.
Trade closed manually:
HIT SL AT ENTRY
Comment:
THE WICK BOOSTED US UP TO 40 PIPS PROFIT AT ONE POINT, BUT THAT WAS AS GOOD AS IT GOT
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