Monday, November 5, 2012 — Would You Like To See A 15 Min GBP/USD Hopper Setup On A Combo Chart?

by jennifer on November 5, 2012

GBP/USD:   I was setting up this 15 minute Hopper Trade to buy if MACD Line crosses up over the zero line, and I noticed that on the Combo chart template, the Combo space is pretty good too, so I thought I would post it here for you. I hope you don’t mind if I do.

1. This is a 15 minute chart, and I like the 30 pip space up to the top Combo Line.
2. As a Hopper setup I was looking for an entry when the blue MACD Line crosses up over zero, and price moves above the level of  the sideways action.

PLAN:
1. As a Hopper setup, I planned an entry order at 1.5984 to buy for 30 pips. I will watch to be sure MACD has crossed up over 0 when it opens.
2. Initial stop loss is -30 pips, with a move to BE over +15.

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