Monday Afternoon Outlook

Updated

GBP/
  • Looking at the Weak Bullshish behavior...as Buyers struggle to gain control after the Earlier 100 pip rally. Our bias is SHORT however looking to possibly BUY on the strength 1.3030 depending on the price action at the level. As ALWAYS we are flexible in our perspectives of WHAT the market can do. It only takes 1 tick to change a trader's opinion.


Slow motion in the market gives us fairly high probability trades on the Nadex platform. So we will make some money there while waiting for the market to reach our area of interest.
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Our bias still Overall SHORT and will only look for the SHORT set-up.... Even at the point of interest. 1.3030. Tho our bias is SHORT, no entries have been confirmed or price levels set to begin trading
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Bull rally let's watch it close to see if it fizzles out...

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Trade active
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+3
Trade active
Stop moved to B/E .... FREE TRADE
Trade closed: stop reached
Alot to do about nothing. Stop Hit B/E
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