Tuesday, 2 August 2016

Fib Matrix Forex Strategies | 2016-07-11 GBPUSD +8

GBPUSD +8 2016-07-11 | Orange 2 White (Using EURGBP)

This is another example of an Orange to white trade using another pair to determine entry. Cable has move down sharply but the market is being driven by the EURGBP cross which is correspondingly, moving up at the same time. The trade is taken when EURGBP reaches resistance

For more details about using forex price action to scalp using the Fib Matrix TimeLanes trading software, here

Previous recording Fib Matrix Forex Scalping Strategies | 2016-07-07 GBPJPY +6

from 24HR Forex Trade Room http://24hrforextraderoom.com/fib-matrix-forex-strategies-2016-07-11-gbpusd-8/