B120626

GBPUSD Nadex Binary Daily 3pm NY Time Squeeze

FX_IDC:GBPUSD   POUND STERLING / US DOLLAR
20 3 1
Early Entry
Buy 1.5100 strike @ 80
Sell 1.5140 strike @ 20

1pm entry
1.5120 strike, depending on price action later in the day
update 12 noon ny time

upper strike 1.5140 is too far out of money now.
mid strike 1.5120 appears a valid sell
lower strike 1.5100 is threatened as long, but Stoch RSI & Money Flow are both oversold, so we may get some upward price action, especially if the US market continues to show weakness throughout the day. This appears to be a low volume period without any news to move this in a large range.
Reply
update 1:30 pm ny time

upper strike still too far out of value.
mid strike still holding sell, but be careful. up volume & pressure is not much so far, bu there is not much resistance either to keep it from giong higher if the right bull comes in. but macro view doesn't see that happening before 3 pm.
low strike recovered from threat and looks good now.
Reply
update 3 pm ny time

a thriller to the very end!

the lower strike was threaten a few times, but price was manipulated to stay above the low of the ny session, even though us stock market was doing better than expected today, the strength of the us dollar did not recover very quickly (wink wink Janet, we see you) and this pair held within it's planned range.

hope it worked for you.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out