Tag Archives: Strong support

Double in a Day Trade GBPJPY 2 February 2017: Retesting support

Double in a Day Trade GBPJPY 2 February 2017 Retesting support  The GBPJPY showed a perfect break on a strong support. As is often the case the price went back to retesting support. That made a good sell entry opportunity. The target was just short of major historic support. This was a 1 candle trade on the 1 hour charts – Also it almost a repeat of the previous GBPJPY… Read More »

DIAD Trade EURAUD 1 February 2017 Breaking support and trendline

Double in a Day Trade EURAUD 1 February 2017: Break of support and trend-line The EURAUD showed a perfect break on a strong support and resistance line. In addition it also violated a trend-line. It took awhile to get going but was successful at reaching the target. The target was just short of major historic support.    

DIAD EURUSD 30 Jan 17 Strong Support rejection +200 Pc

DIAD EURUSD 30 Jan 17 Strong Support rejection +200 Pc This transaction was based on a simple bounce of strong horizontal support. After 3 top-ups it reached a +180 target resulting in a 200% gain !! It is important to use pending orders for this type of trade. The Double in a Day EA allows for price level entries which does the job. 5% was risked to generate 200%. a… Read More »