Winning Range Trade

Thanks to Ashley & Jonah for their analysis on this and sharing in the forum. I took this on Monday based on a mixture of their analysis and a 4 hour range.

I showed you last week how to trade ranges when markets are quiet.

Update Wednesday 06.30am Uk time.

Winning "Range Trade"

Winning Range Trade

The second part of the trade is currently still running +100 pips.

I have moved the stop a little nearer the current price to lock in some more profit.

If the current candle makes a new low I will move the stop just above the horizontal 55ema (blue line).

Its risk-free so I will let it carry on for now at least.

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