Pipdaq – Setup 2 Trade [EU]

The second Pipdaq setup happens a lot less frequently than the others however is just as solid.

An example here that we took on 23rd October and closed on 24th for 80 pips. This was using a 1:1 Risk/Reward ratio.

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EU 4 Hour Trades – September 2012

I posted EY H4 trades earlier and here are the highly correlated EU pair for the same period.

Click on the chart for full size.

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PipDaq Chart Questions

Should you have any questions about the Pipdaq setups or have a query about any of the charts I post here then please get in touch by emailing me on the form on this page.

I want people trading with Pipdaq setups to be 100% confident of what they are doing before risking real capital. Having said that, I believe even novice traders will understand how to identify the setups very quickly as they are easy to spot. Experienced traders will pick it up in no time.

[The charts on this page are meant for reference and are a guide for existing Pipdaq traders to qualify trades with.]

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Recent EY H4 Entries

The H4 and daily charts are my favourite for setups in the Forex Spot markets. I recommend using them over shorter time frames.

Setups with Pipdaq are found on any time frame however and can be traded on the M1 if you wish.

Click on the chart for a bigger view.

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Hourly Aussie Trades – October 2012

Aussie’s price action has been nice and smooth recently compared the the Euro pairs and I’ve spent more time on it recently for that reason on H1 and H4.

Click on the chart for a bigger image.

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Recent Euro/USD Daily (D1) Trades

Here are recent trades taken on the Daily chart. Three entries all playing ball.

If you only trade the D1 you must prepare to learn the art of patience though strike rates tend to remain higher for PipDaq entries.

Click on the image to enlarge.

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