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Still trying to add up all the pips on this trade!!!!
Took setup on GBPNZD and NZDJPY, both paid bills on those trades!!!
Took a setup earlier on NJ on the 5M chart but the move was based on the 8pm release!
This setup looks great for a new setup trade strategy. The GBPJPY pair moved between a range of 128-251 pips on previous days we've had the following factors:
Gross Domestic Product (GDP)
Manufacturing Production m/m
On this date, however, we'll also have two other releases to add to the volatility of this pair:
Prelim GDP q/q
Prelim Business Investment q/q
This setup looks great for a new setup trade strategy. The GBPCAD pair moved between a range of 103-297 pips on previous days we've had the following factors:
Gross Domestic Product (GDP)
Manufacturing Production m/m
On this date, however, we'll also have two other releases to add to the volatility of this pair:
Prelim GDP q/q
Prelim Business Investment q/q
This setup looks great for a new setup trade strategy. The GBPEUR pair moved between a range of 33-188 pips on previous days we've had the following factors:
Gross Domestic Product (GDP)
Manufacturing Production m/m
On this date, however, we'll also have two other releases to add to the volatility of this pair:
Prelim GDP q/q
Prelim Business Investment q/q
Entry Date: Thursday 03/11/2016
Entry Level: 104.16
Stop Loss: 103.30
Target 1: 105.50 (50% Size)
Target 2: 106.90
Target 3: 109.90
USD/JPY Monthly Candle was a long bullish candle and in my opinion we will see in this month a similar candle.
