CHART ART: CASH MONEY, GBP/USD EDITION

in #trading7 years ago

GOOD EVENING STEEMIT!

Just checking in to do some updates on the active CHART ART setups that I blogged and traded, in GBP/USD.

So we just got the UK inflation data released a couple of hours ago… just quietly, like any of us day traders give a fuck… But if you’re one of THOSE guys, then this is from Livesquawk:

UK CPI (Y/Y) Jul: 2.60% (est 2.70%; prev 2.60%)
UK CPI Core (Y/Y) Jul: 2.40% (est 2.50%; prev 2.40%)

I’m not down with the shortcodes for coloured text just yet, but if I was, they’d both be red to signal them printing below expectations.

Happy days if you’re short Sterling!

Let’s take a look at the GBP/USD chart from the other day:

GBP/USD 4 Hourly

There could be some really juicy Sterling shorts coming up if these charts do in fact play out. Keep your risk in check and the rewards in these far outweigh the risks.

Oh yes...

GBP/USD 4 Hourly

OH YES!!

I just hope you're on board :)


Anyway, I just pretty much got knocked the fuck out at football training and I need to rest so cheerio Steemit.

Peace!




Related @forexbrokr CHART ART Blogs

If chart setups that I've spoken about before are related out then I'll leave them here.

This GBP/USD setup has been a narrative that I’ve been following, trading and blogged about a couple of times now. Keep track of the story below:

CHART ART: Is GBP/USD About to Roll Over?
CHART ART: GBP/USD Update and a Bonus Setup in the Pair's Correlated Step Brother




Please leave a comment with your ideas or just share a chart.

Blogging about markets is all about sharing ideas and making us see all possible angles. I look forward to having you follow along and reading what you throw at me.

Twitter: @forexbrokr

Instagram: @forexbrokr

Website: www.forexbrokr.com

Sort:  

Thanks for the post OP!

Hope you got paid.

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 62964.22
ETH 2595.61
USDT 1.00
SBD 2.74