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Flowtrade analysis

Small circle: EMA 62 rebounce + 1.4250 rebounce

Large circle: Yet another opportunity for a flowscalp/ema trade.

Observations:

Subsequently EMA 62 fails to hold as resistance.

Possibly due to SMA 200 and the fact that MACD is bullish.

Conclusion:

Before taking flow scalps, consult MACD to increase probability.

TP of 25 pips is really amazing. It may be too little to some, but in actual fact, a fluctuation of 25 pips is really realistic.

Quoting Boris, this is considered “the meat of the trade”.

Longing from 50s to 75s or shorting from 50s to 25s is definitely easy when its in the middle of a strong movement. Strongly agree.

 

 

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