EURUSD Long Fade Trade After Exhaustion On the Hourly Chart.
This one was a classic fade trade (as you see I like these for scalping). There was a strong bearish move on the one-hour chart and around the close of the NY session exhaustion started to take place on July 15, 2015.
I executed a long with a take-profit target at 23.6 fib retracement of the leg down. Bagged around 12 pips. Great scalping trade.
Dear friends, I have been successfully trading this live account for quite some time working over 10 hours a day. I need your help to be able to set some time aside for putting together a detailed training manual for you. Send a donation now and you will receive the complete trading manual for free once finished. Guaranteed!
Thank you and green pips to all of you!