EURJPY signal based on Advers's Tactics active
Buy Order
Pair: EURJPY
Take Profit: 118.18
Stop Loss: 117.18
EURUSD signal based on the fifth measurement Strategy active
Buy Order
Pair: EURUSD
Take Profit: 1.1144
Stop Loss: 1.1864
EURUSD signal based on the Larry Williams Strategy active Sell Order Pair: EURUSD Take Profit: 1.1144 Stop Loss: 1.1864
USDCAD signal based on Advers Tactics Strategy active
Sell Order
Pair: USDCAD
Take Profit: 1.2972
Stop Loss: 1.3082
USDCAD signal based on the Advers Tactics Strategy active now.
Buy Order
Pair: USDCAD
Take Profit: 1.3098
Stop Loss: 1.3018
USDJPY signal based on the Advers Tactics Strategy active now.
Sell Order
Pair: USDJPY
Take Profit: 106.12
Stop Loss: 106.92
USDCAD signal based on the Advers Tactics Strategy active now.
Sell Order
Pair: USDCAD
Take Profit: 1.3202
Stop Loss: 1.3252
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In today?s article we would take a look at adverse tactics, this strategy isn?t recommended for new traders. Here is a Tutorial that would explain this into details.
The idea of the system is to draw lines which would become the boarders of movement in the future. It happens as follows;
First we point out the local peak and assume there will be a change in the trend direction and we place the number 1.Sometime later the prices continue the movement in this case ,we search for a new local minimum or maximum or there was a correction and the price gave one more peak lower.
This is the beginning of the weep, we place the numbers 2 and 3 subsequently we draw one line and wait for a rollback if it doesn?t happen we search again for the new maximum or minimum .If a rollback occurs we can place the number 4 and draw the second line .
Now we have the price channel and can assume the price would move within that channel. Accordingly we have support and resistance lines, if you become a professional in the use of the system you can achieve very good results in trading however the system isn?t recommended for beginners because of the complexity of the construction and the high psychological stress.
Happy Trading!