Newtron Bomb
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Bracket trades in a word of hurt right now, having been spanked on both side of the range on GBP.
Break out pullback trades will be happy to have avoided the whippy price aciton by waiting patiently for the right conditions.
Break out pullback trades will be happy to have avoided the whippy price aciton by waiting patiently for the right conditions.
Yet another GBP break out follow up... Bracket traders getting nailed by a convict called Gordo
GBP really highlighting why you should throw the text book nonsense in the trash... right now the short bracket traders sweating and wondering if stops will get hit and praying that they won't while the sensible traders waiting for those retracements and confirmatio of continuation moves.
Signs of break out rejection similar to the false break out through the highs yesterday
Stops most likely will be hit around 1.6200 1.6250