A strategy you don’t offer hear of is the buy high and sell higher which is almost an anathema to the “buy low, sell high” crow but apparently when you’re in a strongly trending market, like this one is a pull back to the 8 or 21 day ema is sufficient reason to consider it a bullish sign and take the trade, especially if price rejects the level and creates a pin bar.
Thursday’s chart was a nice example of that which gave me the opportunity to go long on Friday morning.
Risk: 137.9 pips
Reward: 412.6You can also let MTI copy trade for you and earn 10% per month on your investment. Click here to find out how.