sRs Trend Rider Live Trade Example#4 EURUSD 22-03-2016

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Currency pair: EURUSD

Time frame: 5M

Potential Profits: 20 PIPs

  1. As usual, the sRs Indicator (the dashboard on the top left corner) gave a Conservative SELL alert. (the 3 Red arrows).
  2. I drew the trend line and and wited for the price to make a breakout and close below the trend line.
  3. Once the breakout happened, I opened a SELL trade with open of the next candle.
  4. The price has moved by 20 PIPs, I think this is a nice profits in just 20 minutes of trading! (see image#2).

EURUSDM15-sRs-trend-rider-trade-example-forex-22032016-1-1Image#1

EURUSDM15-sRs-trend-rider-trade-example-forex-22032016-1-2Image#2