Wednesday, April 20, 2011

gbp/usd hiden truth in engulfing candle

i am going straight to how the strategy works, you have to keep an eye on the daily chart of the currency you are trading, when you see a situation where candle A engulf candle b and c. wait till u.s open to place a pending sell. watch what happens. the next chart shows us that during the European trading, gu went up above candle A before triggering our sell  at candle b.

No comments:

Post a Comment