This past Sunday I shared with you my trading idea for the GBPUSD. It's now making it's way down to my projected target level and as price continues to eb and flow I'll be looking for trend contiuation based day trading opportunities to hop on the move.
Those fundamentals are influencing my strategy on this pair, Akil. I don't see the dollar gaining any strength this week. I will watch this one but not confident enough to pull this trigger. I anticipate bowing to the guru, but we will see...LOL
Akil_Stokes
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@Alacron, Way to follow the plan. I honestly don't expect much out of this week since we have the FOMC this afternoon, followed by the Non-Farms this Friday
ysspavan
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Hey akhil, Looks like a Butterfly completion on the bullish side... As always different perspective might be...
@ysspavan, Thanks for sharing. Also, just as a heads up, what you have on your chart is not a butterfly. Probably just had a different pattern on the mind, i do it all of the time