Here is the first Accelerator trade for this week. This is the 30 minute chart.
Click above to enlarge
Price touched the top of the box and triggered two trades. It then tapped that support level several times before finally breaking the level and hitting the target.
It was little nerve racking to sit through price moving up and down but I was pretty sure that if price broke the support level, it would hit the target. The support level eventually did break and the target was hit.
The result was a 15.0% gain on the account.
If you enjoyed this article, you might also like:
- April 12, 2010 – GBPCHF Trade
- April 18, 2010 – GBPCHF Trade
- April 13, 2010 – GBPCHF Trade
- April 14, 2010 – GBPCHF Acclerator Trade
- April 20, 2010 – GBPJPY CT Trade
Category: 
Tags: 
Twitter
Facebook
Google+
LinkedIn
RSS Updates