Naked Chart Based Trading PRM style "LESS IS MORE"

Leg 2

 

Leg 2 wins, going to reset after this 2nd leg to lock in gains.

Tally: -1,-1,+7.75

 

Leg 1

 

Thunderbirds are go!

 

When was the last time Gbp appreciated by nearly 400 pips in 1 trading sessions? Diagnosis: Intermediate bottom is in place.

 

GBP choochoo leaving shortly.

 

GBP low has held, classic reversal in play, dead cat bounce potential hence profits have to be taken at first major resistance zone (daily).

 

Lost and lost another attempt, but won 3rd attempt, -1,-1,+7.75, -1,-1,+8=11.75 units.

 

Time for a video I thought. Again, appologies for poor standard of English and bit of a drag at times. GBP/USD review.

 

Just a hunch, this meeting between two heads that's taking place today could well serve as rocket fuel to provide GBP bottoming pattern with upside thrust aka kick up the arse.