UnknownUnicorn1372988

EURHKD RANGING TRADE SETUP

Short
FX_IDC:EURHKD   EURO / HONG KONG DOLLAR
Trading method: RSADVANTAGE Stage 5 system setup 95% accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends. In this situation we are now waiting for Awesome Osci to go into negative territory for trade entry confirmation for movement to the downside. Market execution for entry, confirmation will be required for entry.

Risk Description: Once signal is confirmed 2000pips will be up for grab with small risk SL at swing high.

Profit expectations: 12 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal.
Comment:
Comment:
Stage 5 system was updated 12/17/2017 with improved entry system profitable 5 year back tested strategy. We missed our trade while adjusting our new system 971 pips would have been tp1 at 1.97735
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