Last week I was looking for the short in GBPUSD towards 1.426 zone. See my previous post.
However the first trade got stopped out at Break-Even but the structure didn't change and I therefore re-entered at the next signal.
Now I have a bearish and bullish scenario with FOMC on the agenda later today. I favor a bullish move but will trade what I see. I like to see a break out of this corrective structure followed by a consolidation for the next high probability trade.
Updates will follow.
www.timstuyts.com
facebook/timstuyts
However the first trade got stopped out at Break-Even but the structure didn't change and I therefore re-entered at the next signal.
Now I have a bearish and bullish scenario with FOMC on the agenda later today. I favor a bullish move but will trade what I see. I like to see a break out of this corrective structure followed by a consolidation for the next high probability trade.
Updates will follow.
www.timstuyts.com
facebook/timstuyts
