This post is a continuation of the last. This is a look at it on the Daily chart. You can see here that the 987 is at the high on April 6th. So there is a good indication that the current move down on the hour might be a retracement before it goes ...
Hey guys I wanted to add to the rules of first post because I think you will find this very helpful. It really helps me when I trade this type of strategy since it goes hand in hand with fibs. When you have a move up or down from the beginning of ...
The Consolidation Breakout strategy is very easy to use. It works on any timeframe and any currency you choose. Keep in mind the higher the TF the higher your SL. I use most of mine on the 15m and 1H. What you are looking for here is a consolidation ...