*chart sample for gap trading on EUR/USD*
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Gbp/Jpy simple profit technicque(tf30m)
chart sample for Gbp/Jpy,timeframe(tf)30minutes.
**please click at the picture for more clear**
refer here for the set up.
click here to download template.
HOW TO USE IT?
almost same with the GBP/JPY for tf5minutes.
But with the large amount of your margin,you can make a lot of profit with this method.
1. identify the trend wether it is bearish or bullish.
2. for example,the chart above i've mark it with number 1&2 for the bearish and the bullish.
3. Normally,in tf30,there will a movement in one single candlestick. it'll moves up and down.
to make a profit with this method,just wait untill it goes to 3rd candlstick.
When you think the price will move up,just make a post.
Set your own TP,normally i'll set for 10pips only.
After it reached and closed by itself,i'll wait until the price moves a littlt bit down then i'll
make another post.
When the eMA getting clash,i'll buy again for a long term trading.
-try on your demo first if u can't suitable yourself with this method.
4. I've mark number 3 on the chart. why it didn't follow the trend?
It is because there are news that can give an impact to the normal movement.
Better watch out with that.
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