Continued testing new strategy and would have had 50 pips on USD/JPY. I am now looking at forex pairs that I stayed clear of in the past as it works even better on them. There was a huge move and it took just over 40 Min's to get 50 pips.
I am trading using half hour candles and there seems to be many more trades. This is because there are more resistance and support lines.
(Meta trader USD/JPY Chart)
Big move as you can see from chart entry at 14973. The spreads on the forex pairings are very different and this needs to be taken into account before I place my trade.
Happy Trading
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