Wednesday, 5 September 2018

EURGPB RUNNING BUY TRADE

The EURGPB buy trade earlier disscussed,the trade is running in profit. It has hit the first target with
49 pips, Exit the trade finally when the 10 ema channel crosses above the Tma  central line

Monday, 3 September 2018

EURGPB TRIGGERED BUY TRADE


As discussed yesterday about the impending eurgpb  buy trade,.from the image above,the buy trade was trigered at 8.am this morning,So the stoploss is expected to be placed at the lowest swing.Take profit at target 1 or allow the profit to run untill the 10ema channel crosses the tma cental line uppside

Sunday, 2 September 2018

EURGPB BUY SIGNAL

Eurgpb signal is emerging. as has been discussed before note the following conditions for buy trade

1) 200ema is below the Tma lower band

2) 10 ema channel has crossed below the central Tma line.

3) The price action is below the lower Tma band.

The conditions for buy is met, place a buy order when the first bullish candle closes above the 10ema channel.and the macd histogram is above the zero line

Place your stoploss at the highest swing below the lower Tma band.

Target:     Take profit at your discreption

1) when price action hits the upper tma band

2) Allow the trade to run untill the  10ema channel crosses above the central Tma line