NiaTradingSignals

The Nor’easter is over and today the sun is out and at 60 degrees. It’s only in New England where there such weather changes. I got back home yesterday and I’m lucky things aren’t so bad.
I checked to see some of the things I have missed and as they say, things only happen when you are not there.

This is my first trade since we started posting on the site.
Sell chf 1.2135 target 1.2093
good luck everyone.
They say a picture is worth a thousand words so here is the trade as it occurred.

How to Trade Forex
Guppy Crossover Forex Trade
This is an anatomy of today’s forex trade. Note that the forex chart I use is xtick after being introduced to it by alex.
Monday the market moved up after 11am on march and the price bars crossed the multiple moving averages. This is an excellent example of the guppy crossover. Only two things can happen after this.

Bought usdchf at 1.2265 targets 1.2316 and later  1.2349
sold gbpusd at  1.9496 targets 1.9426 and later 1.9349

In order to keep the guppy trading as simple as possible, we insist on only looking for and trading high probability trades.
In our particular trading example we are going to see instances of the guppy crossover and the guppy bounce back and using these we can choose the particular currency pair to trade.
The tools we are going to choose the currency to trade are

The multiple moving average as coded in xtick
Fibonacci retracement tool.