GBPJPY after professional buying and a successful test VSALite
Trade strategy using the Tradeguider VSA Lite software. Papertrade on Tradingview, placing the trade with real money on Activtrades (FX Markets).
Checklist:
• Signal of professional buying at 01/10 14:00
• Successful test at 04/10 18:00
• 4 consecutive short term indicator green bars
• Entry on a bar that closed on it’s high
• No previous price action at this level for a few days
• A background of strength
Management of the trade in accordance with my trading plan on 15 mins