Forex Trading Strategy 128 ~ forex trading with fidelity
Trade of the week: Good +120 pip profit (+4%) trade on USD/CAD H1 on 3-5 November 2014
For more details, click "Examples of Trade" in the menu
On H4, its an uptrend with alligator open, we had a first break of the fractal box on H1 and after a retrace we take this second break. The price flies and is always above the red line, we exit when the candle crosses the green line after the 3rd divergence (not before as the H4 ewave was still close to the zero line and was peaking)
For more details, click "Examples of Trade" in the menu
On H4, its an uptrend with alligator open, we had a first break of the fractal box on H1 and after a retrace we take this second break. The price flies and is always above the red line, we exit when the candle crosses the green line after the 3rd divergence (not before as the H4 ewave was still close to the zero line and was peaking)
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