EURJPY +7 2016-06-13 | 15min Tripod Trade
This is an example on EURJPY’s of a 15 minute tripod set up. This can be see by looking at 15 pip distance from the 1 min boxes back to the 5 min boxes and the fact that the 15min L2 box is in line with the 1 min box This creates a distinct ‘V’ pattern if you drew a line from the lead 1 min box, to the lower 5 min box through to the upper 15min box.
You can find more details about using forex price action to scalp using the Fib Matrix TimeLanes trading software, here
Previous recording Forex Scalping Strategies | 2016-06-08 EURJPY +6
from 24HR Forex Trade Room http://24hrforextraderoom.com/forex-scalping-strategies-2016-06-13-eurjpy-7/