The better trade is the 24 hour trade. GBP/USD range 1.2640 to 1.2466 Vs today 1.2640 to 1.2468. Profits were running since yesterday and total of about 100 pips. The 24 hour trade also favors our friends in Asia, Australia, New Zealand as well as Canada and the United States.
The object is multiple longs and shorts and to maximize the most profit pips for accounts and with the least effort.
GBP/USD
Long above 1.2568 to target 1.2662. Levels: 1.2586, 1.2604, 1.2622, 1.2640, 1.2658, 1.2676
Short 1.2662 to target 1.2640
Short below 1.2568 to target 1.2473. Levels: 1.2550, 1.2532, 1.2514, 1.2496, 1.2478, 1.2460
Long 1.2473 to target 1.2495
Target to Target: 1.2662 and 1.2473
Vs GBP/USD Day Trade today
GBP/USD
Long Short Line 1.2518
Most Important 1.2470 and 1.2509 Vs 1.2525, 1.2533, 1.2541, 1.2549, 1.2565, 1.2573, 1.2581
Bottom 1.2455 achieves by 1.2470 and 1.2486
Upper target 1.2581
Continuation Fail 1.2549
Brian Twomey
BRIAN TWOMEY ON TRADING 