Double in a Day trades for the week 24 April

Double  in a Day trades for the week 24 April

 

Double in a Day trades for the week 24 April

Below are examples of Double in a Day trades that occurred during last week.

They are supplied for educational reasons and show how support and resistance / channel trading result in the best entries for Double in a Day trades.

When using lagging indicators sometime too much of the move is given away on a delayed entry.

Please click on the chart to see an enlarged version which will give you more detail

 

Strategy used:-

  • Trend target: 110pips,
  • Gain target 105%,
  • Top-up levels 30%, 50%, 65%
  • Initial stop 17 pips

GBPUSD

As in example from last week this week again produced a great Channel failed swing breakout DIAD trade – not that the target was exactly the width of the channel

gbpchart

gbp DIAD transactions

 

AUDJPY

Again a bounce on strong resistance gave a DIAD great entry.

audjpy DIAD 27 april

audjpy27april

 

EURJPY

A trendline / dominent angle line bounce provided a great entry

EURJPY DIAD 27 April

 

eurjpy DIAD 27 transactions

 

2 Comments

  • char

    April 28, 2015

    Please provide a myfxbook verified account proving the DIAD trades are real and not screenshots of a demo account 🙂

    I believe this will solve many client queries about the validity of your EA and itd application

    • Hi Char, As stated the trades are actual trades but NOT done on live accounts (they are snapshots of a demo account) and are provided for educational purposes. Please ignore then if they are not of any educational value to you. Please remember this EA does NOT provide the entries so the success is based on the competency of the Trader using the EA.

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