GBPUSD Crossover Forex Chart Jan 16

Another great example of the MMA Crossover method working quite nicely. We see that price falls below the rainbows for the first time around 19:00 GMT and a few hours later goes back above it.

When the market opened again, price started to drift downwards again and for the final time before another superb move.

It’s almost incredible how much money can be made in forex. You see if you had just traded with the trend, you could have caught over 900 pips in 2 days!!! 900 Pips times whatever your lot size on the trade, 1 Lot = $9000.  Let’s discuss what could have got us into and/or kept us out of this trade.