jcmoneyman

jcmoneyman

New weekly trade strategy: Engulfing bear candle indicates possible bear trend for the week. Stop loss at top of bear candle, SellStop just below the low-end of the candle Risk small lot size with 1:1 ratio

jcmoneyman

New weekly trade strategy: Engulfing bear candle indicates possible bear trend for the week. Stop loss at top of bear candle, SellStop just below the low-end of the candle Risk small lot size with 1:1 ratio

jcmoneyman

Looking at the five-minute trend as well as the RSI at the time it appeared that the market will be moving upward on this currency . the biggest decision was based off of the moving average crossing on the early chart on its way up.