2.5% RETURN AND 66 - PIP TRADING GAIN IN JUST 10 HOURS FROM THE EURO AUD PAIR
This trade provided a gain of 66 Pips and a 2.5% Rate of Return on my Live Account in just over 10 Hours, as we took advantage of the sharp rally on the EURO AUD that took place earlier this week. TRADE SUMMARY TRADING METHODOLOGY SUMMARY OF THE METHODOLOGY MARKET SETUP TRADED MARKET THEORIES FOR THE TRADE TRADING PLATFORMS USED _______________________________ DETAILS OF THE EURO AUD TRADE RESULT The trade took advantage of the False Consolidation Breakout Reversal Setup on the Daily Chart, as the pair headed back inside of its Range Setup following the failed breakout attempt below Support. Once the Double Bottom Signal was given at Support to start the reversal, entry took place with the Bullish Engulfing Candlestick Signal on the 4 Hour Chart, with the 1 Hour Chart being used for Stop Loss Placement. As you will see in the video, FXCM is used to identify Market Di...