EU 1Day ATR

This is Long MDM strategy, with a bias for 1 Day ATR move box 1. Box 2 is also another possibility.

GBPJPY

It is a weak day but buying from just below mean is going well, so far. Blue box represent Day ATR. Let's see if it can go up further.

EuroSterling turning points

This is an example of vwap engine application on forex pair EURGBP. I think it should be called FX Engine.

EURUSD attempt

ES break out sellshort

Capturing 1 Day ATR move

I am now concentrating on capturing major portion of Daily ATR (average true range).

The logic is that - they must move Daily ATR, so why not ride it out.

It would make a trader 'A' class to capture 70-80% of Daily ATR with consistency.

On the charts shown, daily ATR is marked with blue boxes whereas entries are marked with yellow arrows.

USDJPY was left with nothing much as it did come back to entry point; however, GBPJPY hit the target level.

EG reached target

This is one of the vwap engine set ups.

Buy from MDM with final target at Daily ATR distance away from entry level.

Stoploss is 1.5ATR of hourly bars.

On this chart:

Red line = final support line, below that is potential trend change

Blue lines = target lines

White line = original expected trend line

Green line = target line from white line