GBPUSD: Bullish Bat Pattern After Inflation Report

Nov 5, 2015

Hey traders we just had the inflation & interest rate news come out for the GBP pairs and the reaction is sending price action down to a potential advanced pattern completing at 1.5269's. i like to give 15 minutes for news to play itself out and afterwards I'm allowed to continue my trading

Also as a reminder tomorrow is also a big news day as we have the month Non Farms Payroll release, so make sure you refer to your trading plan on how you handle these types of events. Word of advice, if you don't have a plan, you probably shouldn't be trading this...or anything else until you develop one.

Have you seen my latest video?
"The Pros & Cons of Money management Strategies
youtube.com/watch?v=jSFYOLLYM60

Akil
Chief Currency Analyst & Trading Coach
TradeEmpowered.com

Nov 5, 2015

Trade active

fille dlong

Nov 5, 2015

Trade active

Filled Long

Nov 6, 2015

Trade closed: stop reached

Nov 6, 2015

Note

Just a reminder I have my Live Q&A, today, so if you have questions about this trade you can certainly ask them there. youtube.com/watch?v=hEIVEXhsx94