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iSummer

Trying Out Oliver Velez' Method on Forex Swing

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
iSummer  
FX:USDJPY   U.S. Dollar / Japanese Yen
Support and Resistance Moving Averages olivervelez
6
0
supportandresistance movingaverage olivervelez
Reason for entry: Red Bar Ignored (Narrow Range Bar) above the 50% of an Elephant Bar (Wide Range Bar)
First Target: Previous Pivot with at least 1:1
Upon Reaching First Target, Adjust to Break Even, Take Half Off
Second Target: Previous Pivot High for 2:2
Upon Reaching Second Target: Take Half off, Leave for market to stop out.
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