MACD Dot buy and Breakout sell – for a total of 410pips!
The Forex Model correctly signaled a buy opportunity on the 15min charts in the GBPUSD at 7:30am EST this morning for a 350pip move. The MACD dots, which are the workhorse of the system correctly predicted a change in direction and traders had 1/2 hour to get their orders placed, and then the market took off!
On the USDCHF charts, trading was stalled for several hours early in the morning providing an excellent opportunity for a Breakout signal to occur. The Forex Model gave traders plenty of advance notice to enter their orders prior to the market making a very nice move. Traders exited using one of the two possible exit methods that occur with breakouts…this time on the EMA crossover for +60pips and a total in the two markets of +410pips.
This video shows the 15min charts of the GBPUSD and USDCHF currency pairs, and it demonstrates how you could have made +410 pips , trading one standard lot.
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December 16th, 2008 at 12:07 am
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