Double your account in a Day Forex trades 18 Apr

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GBPUSD

This week produced 4 great Double in a Day Forex trades for the GBPUSD.

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

  • As you can see the trades all happened during the European session when the GBPUSD is mostly traded.
  • These trades all have bounced on levels of support.
  • The bounces do NOT appear to have happened on Fibonacci levels
  • All of the trades had small breaks the wrong way prior to the bounces (could be a pattern)

Strategy used:-

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

 

Double your account in a Day Forex trades

 

EURUSD

The EURUSD was more of a classical Channel trade trade.

Strategy used:-

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

 

 

EURDIAD
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