Easy Forex Trading Strategy – 4 Hour Chart

By | February 1, 2016

This trade was originally posted on May 14, 2014 and is a fantastic example of the stop hit pattern trading the 4 hour time-frame on the EURCAD. In this example we sold the eurcad when the market failed to breakout beyond the recently established resistance level. This is a fantastic example of how easy it can be to trade the higher time-frames around life’s busy schedule and do it successfully. There was approximately a 40 hour window of opportunity where the market remained within the bounds for an excellent entry setup that allowed for a proper risk reward trade.

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