NFP TODAY, THEREFORE NO TRADING.
GBP/USD
We are in a trade setup from yesterday when we had a BF trade, we are in at 5985. Will monitor the trade and attempt to exit before NFP. Will not be trading today but here is the analysis anyway.
Price has gone sideways the whole day yesterday, the market seems to be waiting for NFP numbers out later today. We still looking to by bullish cs formations at current levels, or sell up at the 618/786.
SHORT: WILL ONLY BE GOING SHORT IF:
Price gets to the 618/786 and gives us a bearish cs formation, trade the 618 for 60 pips and the 786 to the BF786.
LONG: WILL ONLY BE GOING LONG TODAY IF:
We get a bullish cs from current levels. Trade it for 60 pips since it’s a shallow bounce.
No comments:
Post a Comment