FX:EURJPY   Euro / Japanese Yen
wait for a break of resistance (Ceiling)
wait for a RETEST (where price closes above the previous level of resistance)
Once price confirms resistance as a new support (floor), it is safe to enter.

Price doing this is a shift of momentum



wait for a break of support (floor)
wait for a RETEST (where price closes below the previous level of supports as a new resistance (ceiling), it is safe to enter

Price doing this is a Continuation of an DOWNtrend.




[Rules

0. 01 £100
0.02 £200
0.03 £300
0.04 -£400
etc

0.10 per £1000

Twin Trade:

10 - 15 pips in profit = Set 2 pip stop profit

1st Order= 30 pip take profit
2nd Order trail stop profit

20-30 pip stop loss no matter what (Risking 2-3% of your account)

Example of Twin Trading :
£1000 in your account
0.05 + 0.05= 0.10

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out