I thought it would help some people if I posted a 50 pip rocket buy trade I had on Cable this morning. This set up offers, for me anyway, the best trading opportunity there is, with an incredible success rate when you recognize it. The chart I'm posting is the 5 min chart, and like me, you'll get best results if you use other time frames to give you the best possible picture so as to time your entry and where to exit. Always try and get a trend line in if possible, but if you can't you can still get a trade in if the price is coming off support or resistance in the form of moving averages/trendlines/pivot points.fibs etc. You see in this shot that the price has broken back above the trend line, and once it does so, it has the 200ema ( yellow ) to support it. This Buy zone will give you the best odds for a winning trade that you are likely to come across, and 50 forex pips before most people in the UK are even up is very nice thank you very much.
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