Friday, February 3, 2017

GBPUSD GBPJPY 03 Feb '17

GBPUSD and GBPJPY both signaled buys (white arrows = 3 bar reversals) just after London open (green line). GBPUSD signaled a buy again at 11.05 chart time but GJ did not confirm so no trade.

GU and GJ then signaled 11.10 and 11.15 chart time before moving lower.




As usual I am looking to trade in direction of the 5 min 3 bar reversal buy above/sell below moving averages, timing entry from 1 min.





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