hi folks,
is there a name (or thread) for the following very easy strategy or does anybody use it successfully?
- looking for two or more swings
- drawing a trendline
- waiting for it to be broken AND for a pullback (at least one full candle, timeframe M5)
- enter 2 pips below/above the breakout (TP=SL)
two examples attached.
is there a name (or thread) for the following very easy strategy or does anybody use it successfully?
- looking for two or more swings
- drawing a trendline
- waiting for it to be broken AND for a pullback (at least one full candle, timeframe M5)
- enter 2 pips below/above the breakout (TP=SL)
two examples attached.
Attached Image (click to enlarge)
Attached Image
