Success Stories

Monday, Apr. 28th 2008 2:26 PM

Hi Dan,

I hope you are well and enjoying your new life in Spain.

I have just closed a dollar yen trade I opened last week for a 240 pip profit.

Using :

A daily chart for the trend,

A three hourly chart for entering a trade, a candle that opens above the 50 ma after a retracement is when to get in, do you remember  me talking about the 50 ma in London?

Look at the three hour chart last Thursday at 15.00 hrs, also the previous Wednesday 16th at 09.00 hrs, what a trade.

I am looking at this setup for trades long or short, the 50 ma should be above the 200ma (long) or bellow the 200 ma (short) this gives a good chance of going with the trend on the daily chart.

Thanks for the education videos,  the three hr and box strategy work well with ma’s.

I am looking forward to the live sessions next month.

Regards to you and James,

Bob

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Posted by danarmitage | in Success Stories | | Email This Post Email This Post

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