Follow the trend

Let's look at the daily chart of GBPJPY. Firstly we have to define the main direction. Based on 3 falling MA - it's DOWN TREND! So, we could sell, or wait. Buying againts the main direction - it's not a good idea. On friday the price closed below MA 20 and it was a signal for opening short position. Today, MACD H and DMI indicators confirm SHORT trades.

トレード終了: 利益確定目標に到達:

It was a very good trade based on the trading systems rules.