In this article I want to share my 3 trades taken last week on my LIVE account. These trades were taken according my trading approach described In my last article. Because this is not a signal service, article is written after trades. My trading is based more on technical analysis than on fundamental. Everybody who is watching forex market knows what the moves happened last week. For each trade is picture where are 3 lines, RED is Stop Loss, BLUE is Entry. GREEN is Take Profit.1. Trade: EURJPY + 241 pips On the picture you can see price action for few weeks. I was waiting for news for EUR, don’t take a trade before news. When price went down from daily high on H4 time frame a jumped on trade with very good risk reward ratio. After entry when price fall below yesterday’s low it was rally! (see figure 1) Figure 1. EURJPY 2. Trade: USDJPY + 167 pips On this picture is price action for few weeks. I was waiting for news for USD, don’t take a trade before news. I had SELL STOP order below few days low. When price went down I was on trade with very good risk reward ratio. Stop loss was above today’s high. After entry when price fall below it was rally! (see figure 2) Figure 2. USD…
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