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Forex Trading Strategy: Conformation vital before entering a trade following a breakout

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 7, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Ryan Littlestone, Director and Trading analyst for ForexLive.com, joined Zak Mir and James Hughes on the Tip TV Finance Show to discuss trading strategy, focusing on the USD/JPY and EUR/GBP. Key Points: USD/JPY pattern trade, went to 1880 and recovered, wait for the move to be confirmed BoJ have nothing left to use, corporate tax cuts now EURGBP a strong mess, further upside ahead with confirmation of the breakout BoE meeting on Thursday, won’t see any action, but stronger wage numbers show

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