USDJPY DIRECTIONAL BOUNCE SWING TRADE 16 Mar 12 |
1. candle stick touch the directional line (thick line) and bounce back above the double trendline (thin line) vice versa for sell stop set up.
2. The best pending order entry when both trendline (thin line) start changing colour
3. at 6.00amSGT set up still valid.
There are 2 conditions set up :-
4. Make sure the Take profit must not exceed swing high or swing low or...
5. ...or The sell stop dan buy stop location must break the swing high and low.
The above photo is for the rules no.5..
Trade Directional Bounce is optional and quite subjective compare to basic set up
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