News Set Up for GBP pairs 2/11/19 4:30am
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
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
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A+ set up on GBPCAD
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And so it was, news break was mostly a fail on GBP pairs but the setup was grade A! Didn't get the huge breakout we expected but that's okay. With my pending order set high enough not to get pulled into a minor move I took no trade on this pair but looking for the again on this pair tomorrow and Wednesday!
Still in play!!!
Still in play!!!