Victoria's Secret PDF Print E-mail
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Tuesday, 09 February 2010 08:03

Victoria's Secret is a trick to take the opportunity during bullish market saturation. I use this trick in the pair EUR / USD and GBP / USD. Some have failed, but more often ended with a resounding success.

Toward the end of January and with this trick I can be 150 pips dg only 1 order and the overnight 1 night. But in early January, I use this trick and experiencing loss -35 pips on eur / usd. In the month of December 2005 with this trick can I get some more at 300 pips GBP / USD after overnight a few nights (when it happens to also be supported by market sentiment towards the closing years, byk dollars needed for foreign debt, which is also quite significant penguatannya) . For that I recommend to use stop loss when applying. Use a stop loss 35 pips difference for pair e / u and 50 pips for the pair g / u.

As dollar weakens against the euro or GBP to enter the saturated area, if there is a correction (dollar strengthening) either because of the influence of economic data or merely technical reasons, generally would be significant movement. Here is we will take the opportunity.

The easiest way to know when a potentially bullish market saturation for the search pattern 'victoria secret' is to consider indicators RSI (14) the time frame for 1D. As bullish market trend please wait when RSI (14) began to enter the 65 level (up through level 65).

Use the form 'candlestick' to facilitate our search for Victoria Secret pattern. If the RSI (14) the time frame for 1D cross into the top-level look at market price 65. If the market price on the chart 1D form 'empty candlestick' (closing price above the opening price), then we will wait for the form of 'shaded candlestick' (the closing price below the clearing price) in the following days.

If 'shaded candlestick' has been established, then we will look for opportunities Victoria's Secret on the next day.

Patternnya so is as follows:
empty candlestick - shaded candlestick - victoria secret candlestick

Please see the chart that I attach below.

Victoria Secret

 At Victoria's Secret candlestick, if you get the same price with a high level in the shaded candlestick (1 day before) then it is an interesting time to do sell. And I will always use stop loss when these opportunities occur.

If the market price moving close to a stop loss, then do not do anything. If our stop loss was touched. Let it go. That means it's our hearts must berdapan with failure. But if the market price moves down (in the direction that we want), then the chance of a big victory was waiting in front of the eye.
Because the goal is to get a big victory (Victory) and because of this entry opportunities generally occur precisely at the time was slow market (sneak). I call this trick Victoria's Secret.

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Last Updated on Wednesday, 17 February 2010 09:59
 

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