Saturday, 16 April 2016

Orderflow Analysis by Mr.Pips of Forexfactory.com

Hello everyone!

I would like to show some of my orderflow analysis that made +70pips

EURUSD 15M

Expectation is NSL (New Structure Low)

Reason for entry: 1) Retracement at 38.2 fib
                            2) Bar and bar analysis
                            3) Resistance/support area

Trading arsenal: 1) Breakeven when the price made it's first retracement.
                           2) Trailing stop loss when the price move further the fib level and made a new retracement structure.
                          
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1 comment:

  1. Unknown16 April 2018 at 20:18

    The holidays-schedule can be used to help you organise your trading activity as you can find out which of the world's markets will be open and closed on certain dates.

    ReplyDelete

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