Week 9-13 (Nov 2015) - Intraweek Trade Ideas

                               Week 9-13 November 2015

Intraweek Updates

GBPUSD

Sell GBPUSD 5 microlot at 1.51614. Maximum Stop loss = 1.5270. Maximum Target = 1.4637

Reason
1. 38 % fibonacci will hold
2. the 38% fibonacci is at 1.5200 (round number) and weekly pivot line at 1.5190 area.

Expect a move towards below 1.5000

Trading by grid with expected bias towards lower GBP against USD

Sell 0.05 lot  at 1.51614
Pending order at these level with SL at 1.5170 and TP 1.4637
       0.01 lot at 1.5182
       0.01 lot at 1.5201
       0.01 lot at 1.5221
       0.01 lot at 1.5241





"I will not be responsible for any losses incurred by following the trade ideas published."