This is my first trade using the free method that can be found HERE (I DID NOT CREATE THIS METHOD).
Please note that I trade the following pairs only: GBP/USD, EURUSD, USDJPY and GBPJPY.
Timeframe: H4 only
Well I was up bright and early as always and the TDI on the USD/JPY had crossed with a nice gap. The candle stick was the first bullish of the day so I entered a BUY trade as below:
T/P: 200 pips
Time: 6:30am in theUK
I am hoping this will be a winning trade as it looks like a strong signal and I have set a hard profit target of 200 pips. Please note this is my preference and there are no hard and fast rules, just follow your trading plan.
I will close all open trades on the 3rd candle and take any profit or loss as the rules.
Well I be back later with the result of the trade and fingers crossed it's a winner :).
Please note that you trade at your own risk as the information above is just my trading experience. Please seek professional advice before risking your own money.