TYPE : Volatility BreakOut
Maximun risk now : -0,60%
Time frame signal : Daily
The majority of profitable trades reach his objetive price in two impulses. Very few trades reach it directly in just one impulse. In the daily USD/ZAR looks like the first impulse is done and now we are in the second impulse.
Main trend is still going up looking the weekly chart. Indicator as Momentum and DM are in tune , and price is walking out of the upper Bolliger Band.
At the moment, we have 1792 pips in profits in 8 days. I hope the second impulse give us some more.
I moved up the trailing stop order to minimize possible losses. Maximun loss now is -0,60% of balance.
Maximun risk now : -0,60%
Time frame signal : Daily
The majority of profitable trades reach his objetive price in two impulses. Very few trades reach it directly in just one impulse. In the daily USD/ZAR looks like the first impulse is done and now we are in the second impulse.
Main trend is still going up looking the weekly chart. Indicator as Momentum and DM are in tune , and price is walking out of the upper Bolliger Band.
At the moment, we have 1792 pips in profits in 8 days. I hope the second impulse give us some more.
I moved up the trailing stop order to minimize possible losses. Maximun loss now is -0,60% of balance.