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Imthesignal

Monday Afternoon Outlook 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.
Short
by enricojenko
GBP/USD Early Sunday Morning Outlook Early Sunday and we are just peeking at the market. I have 2 areas of Interest. They are price levels 1.3050 region and the 1.3000 price level. At these points we should be able to get a glimpse of WHO actually wants to sell & buy. Before we as retail traders can make any decisions we need to KNOW what the institutional money wants to do. The 1.30 & 1.305 price levels should give us a good indication of how to proceed. There is even the possibility of entering the market as the money moves to one of these levels. However caution MUST be used if we do so. The areas in between these levels will be ripe with ambushes and set-ups. Hopefully the price levels in between 1.30 & 1.305 will have some well structured movement where we can place some well calculated binary options bets also... Join the "FOLLOW ME" Service and Take the Same Trades I Do !
by enricojenko