Daily Forex Trend Analysis

Subject:

As we can see from the screenshot above, all 4 Indicators showed a bullish signal and this

was possibly a very good set up for a LONG entry.

So, on the opening of the next candle, we

opened a LONG trade at 1.4261.

The value of the stoploss level indicated by the Profit Info

Indicator is 132 pips below the entry point. The 1st profit target suggested by the Profit Info

Indicator is 172 pips and the second profit target is 244 pips.

So we enter two lots with

stoploss and take profit levels set at the value suggested by the Profit Info Indicator.

The trade went up strongly in our favor direction and hit the profit target.

So, the trades was closed with 172 + 244 = 416 pips profit.