[b]Catching the PIP's with my sonar radar Setup[/b]
GBPUSD
Description:
- GBP/USD shows strong support within DeMarker indicator (DeMarker was used to replace RSI and Slow Stoch)
- MACD and MACz Vwap shows continuation of the bullish uptrend for hourly and daily chart high time-frames
- Within opening bell wait for Fractals v9 TUX EMA Scalper and CM_PSAR EM Envelope confirmation for the entry positions.
- Put your S/L within the EMA BB and use MTF EMA and 3EMA as the support and resistance of your positions.
- Look at the different time-frames to minute, hourly and daily for trends and patterns
- This is good for intraday/swing trades not scalping short time frames. If you want to scalp look for Fractals v9 TUX EMA Scalper and CM_PSAR EM Envelope confirmation .
- Good for traders sitting at the desk waiting for the trend confirmation. Very High expected PIPs return when the strategy followed the trend.
- Good luck traders and happy hunting !!
