EURJPY long after professional buying and a test VSALite
Trade strategy using the Tradeguider VSA Lite software. Papertrade on Tradingview, placing the trade with real money on Activtrades (FX Markets).
Checklist:
• Signal of professional buying at 03:30 04/10
• Successful test at 03:00 08/10
STOP PLACED AT 128.78
• 4 consecutive short term indicator green bars
• Entry on a bar that closed on it’s high
• No previous price action at this level for a few days
• A background of strength
Management of the trade in accordance with my trading plan on 15 mins
Trade strategy using the Tradeguider VSA Lite software. Papertrade on Tradingview, placing the trade with real money on Activtrades (FX Markets).
Checklist:
• Signal of professional buying at 03:30 04/10
• Successful test at 03:00 08/10
STOP PLACED AT 128.78
• 4 consecutive short term indicator green bars
• Entry on a bar that closed on it’s high
• No previous price action at this level for a few days
• A background of strength
Management of the trade in accordance with my trading plan on 15 mins
stop was also trailed before the weekend.