Two set-ups here. The first is on the EUR/GBP (the old stand by). It's been trading in about a 50 pip channel all day. I'm looking to buy if it closes on the 15 minute chart above 0.8980 and sell if it closes below 0.8943. I'll move to break even at +30 pips and put the stop at the other channel line.
The other set up is the GBP/CHF which has been in a 100 pip channel for most of the day. I'm looking to buy if it closes above 1.6715 and sell if it closes below 1.6601. Same rules for stop, but I'll look for +50 pips before moving to break even. I'll keep you posted.
Happy Trading!
The other set up is the GBP/CHF which has been in a 100 pip channel for most of the day. I'm looking to buy if it closes above 1.6715 and sell if it closes below 1.6601. Same rules for stop, but I'll look for +50 pips before moving to break even. I'll keep you posted.
Happy Trading!
