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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.
Here we got a Cypher pattern, with trend and RSI over bought... Thats all fine, the problem is i am in a bullish position right now on this pair on a Bat patters half way to target, so should we take this trade? Hedging your own trade? Well my rules says i have to take the trade when it meet my rules. For every body else its a very good trend continuation trade...