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Sunday, April 12, 2015 2:24:10 PM
Smoothed HA Guppy Test Trade
This one is a bit different...it's a counter trend play but it works just as well and often quickly, too.
Idea is the same. Watch a trend for a potential pullback scenario. In this case, the uptrend has been running for quite a while. Supply zone formation at the top and the HA candles went to a long wick with a small body. I entered at the close of that formation. Target is the top of the guppy.
Only 9 pips but you can do this all day long with several pairs and rack em up quick.
NU 15 Minute Chart...I saw no drawdown on this one. Went straight to profit after pulling the trigger.
This one is a bit different...it's a counter trend play but it works just as well and often quickly, too.
Idea is the same. Watch a trend for a potential pullback scenario. In this case, the uptrend has been running for quite a while. Supply zone formation at the top and the HA candles went to a long wick with a small body. I entered at the close of that formation. Target is the top of the guppy.
Only 9 pips but you can do this all day long with several pairs and rack em up quick.
NU 15 Minute Chart...I saw no drawdown on this one. Went straight to profit after pulling the trigger.
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