PLEASE SEE MESSAGE AT THE TOP OF TODAY'S BLOG AND THE POLL ABOVE.
GBP/USD -
follow me on twitter @fxdailyforecast and stocktwits.com/fxg
Price bounced off the 86 and has also bounced yesterday,
we might be having a test of yesterdays low followed by another bullish cs
formation.
FOR TODAY:
Today is a DA86 trading day where we will be looking to
buy after dips followed by bullish cs formations for limits set at 5697. We
seem to be getting that bounce that we are looking for.
If we don’t get the set-up we are looking for then we
don’t trade.
SHORT: Will be
going short only IF:
No short trade set-ups.
If we don’t get the setup we are looking for then we
don’t trade.
LONG: Will be
going long today only IF:
Today is a DA86 trading day where we will be looking to
buy after dips followed by bullish cs formations. Place stops 10 pips below the
low of the cs formation, max 1% risk, limits set up at 5697.
If we don’t get the setup we are looking for then we
don’t trade.
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