JIB on EURGBP & GBPUSD 1HR
Posted by thegoldeninsightgroup on July 16, 2009
Good evening just doing my analysis on my pp strategy and just noticed that both EURGBP and GBPUSD have both given an oppertunity for a JIB setup on the 1hr chart. As EURGBP is a leading currency pair over GBPUSD wait for jack to jump up or down out of the book on this pair and then once breakout is confirmed on EURGBP place either a long or short trade on GBPUSD. You will loose a few pips on the late entry on GBPUSD but you will already be gaining points from EURGBP and you wont suffer a false breakout on GBPUSD.
Please remeber that all the information in the post is for information only, please ensure before doing a trade that you do your own analysis.
Make your trading Golden.
