Trader: Makaveli https://my.roboforex.com/en/copyfx/p...rs/show/39185/
Account number: 2920359
Server name: RoboForex-Pro
Account type: CopyFx MT4 Pro-Standard
Leverage: 1:1000
Funds: 106.85 USD
Rating: http://www.copyfx.com/ratings/rating-all/show/39185/

Description of the subscription conditions:
Scheme: Trader on commission
Added on: 23 February 2018 11:43:09
Started on: 23 February 2018 11:43:09
Risk level: High
Commission per lot: 3 USD
Amount of minimum deposit: 100 USD
Investment period: 4 weeks


My strategy is the normal traditional trading strategy, use of support and resistance. In short term called technical analysis. The candle stick is also used in evaluation on how to trade it.

Example.

USDJPY is bearish on the daily time frame for a long time. Therefore giving a good chance to follow the trend. So I switch to the 4 Hour time frame.

At 107.866 is a little resistance with sell signal candles around it. It is a good signal to go on short whilst the daily time frame is still bearish. My Tp is at the next support. It will make it past that zone, but I don't want to be greedy.

Picture of the chart

USDJPYH4 sell trade.png