Friday, September 16, 2011

Whilst I was sleeping!

The E/U gave a nice LONG trade worth over 100 pips on the 30 min chart during the US trading session last night. This is one of the frustrations with trading FX....many moves occur whilst us Aussies are tucked up in bed! It is comforting, though, to know that my TS system is working! Check out the chart attached. You may need to click on the image to make it larger for viewing. I have labelled the entry and exit points for this trade. The ADX gives a clear signal but I cross reference this indicator against a few others too before confirming a trade.

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