The GBPUSD produces huge trades during the US session. This week we hit a homerun with a trade that made over +300 pips with the SST. Here’s another range bar chart that MT4 traders (Tradestation and Ninja Trader, too) are going to thoroughly enjoy. We like a .0020 range bar chart for the US session. It’s like a quasi swing trade/slow moving day trade but it is excellent. Over the past 40 days, we’ve reached a 2.05 profit factor, winning a whopping 32 trades!
Click on SST Screen Shot to see a GBPUSD trade that took place earlier this week during the US Session. It’s a classic SST trade where we were able to hit our full high percentage fixed target, grab a runner with our special trailing stop indicator AND, add to our position for an additional +165 pips. All in all, the trade produced +328 pips!