Wednesday, May 25, 2016

GJ GU 25 May London open

In terms of the simple idea behind the set up. Look for crosses of the ma (candles that have opened one side of the ma and closed on the other side) that are higher lows/double bottoms or lower highs/double tops in their own right or the HL/LH that follows these crosses.

GJ has several trades highlighted. The first trade being the arrows where the ma crossed. Any subsequent arrow in trend direction would be a continuation trade. All of these would have been trades in terms of the rules as GU was agreeing. Depending on your stop/take profit strategy 2 perhaps BE or small profit and two winning trades.




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