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VSA_Alex_

#GBPJPY #long after #professionalbuying and a test #VSALite

Long
British Pound / Japanese Yen (FX:GBPJPY)  
VSA_Alex_ Updated   
FX:GBPJPY   British Pound / Japanese Yen
Supply and Demand Volume Moving Averages
2
0
supplyanddemand volumestudies movingaverage

GBPJPY after professional buying and a successful 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 01/10 14:00
• Successful test at 04/10 18:00
• 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

Comment:
Stop moved to almost the entry point after volume on the 15 min
Comment:
stop loss moved up to 151.35
Comment:
stop trailed to 151. 79
Comment:
Stopped out of trade for a gain

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