Thursday, September 11, 2014

GBP/USD

Still a strong downtrend... maybe starting to reverse now but momentum looks good to enter.

Entered on H1 momentum turning bearish, Once H4 turns bearish I will likely add.

High TF's all pointing down..

Update: All higher TF's still pointing down... some activity on H4 shows MM's are bearish.  Added to shorts, possibly will add once I get a confirmation on momentum to the downside next week.  Scalped a small profit as well, but still going for a swing here.

Before






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