Organized Approach to Grab 300pip a Week!!!

[Supatrader]

My first ever post on Indo Investasi, hope you will like it.

 

Why this Thread : I wish to use this forum as my journal where I could get valuable feedback and learn new things.

 

What is my style : I am less of a fan when it comes to EA's and 3rd party indicators, I have been trading RSI divergences along with my own method of zone calculations. I tend to analyze my trades every Sunday and pick 2 pairs targeting 300 pips.

 

My First Analysis : UCAD - Pair exhibits downtrend; conversely the proper short selling opportunity would be around the reversal point 0.9842 (I also expect the pair to move 3 more pips higher before reversing). The primary profit expectation will be around 150Pips; yet a ride till 0.96310 with trailing stops will yield higher profits

 

Chart : (Direct Link : http://minus.com/lCGiPKgAWlXsA)

http://i.minus.com/iCGiPKgAWlXsA.png

[Supatrader]

UCAD Reaching the Sell Point